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1962 |
Farquhar Bethune Insurance (FBI) founded by John (Jack) Farquhar as a personal and commercial insurance agent and precursor to ENCON. |
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1964 |
Introduced professional liability coverage for architects. |
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1969 |
Introduced professional liability coverage for engineers. |
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1970 |
FBI established “engineered construction” facility, creating the ENCON name, to underwrite property and liability insurance for construction risks. |
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1980 |
Sold retail operations and became a 100 per cent underwriting management operation. |
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1983 |
Developed directors and officers program and errors and omissions (E&O) coverage, further broadening product base of the company.
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1984 |
Business units from William M. Mercer and Marsh & McLennan were merged to create Marsh & McLennan Group Associates. This new company later evolved into Seabury & Smith Ltd.
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1985 |
Special Risks department created to respond to growing demand for E&O products.
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1986 |
Acquired by Victor O. Schinnerer, a U.S. underwriting management company and wholly owned subsidiary of Marsh & McLennan Companies Inc., a leading risk and insurance services firm.
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1994 |
ENCON Insurance Managers Inc. and Seabury & Smith Ltd. merged operations. This expanded ENCON’s product offerings to include group and retiree benefits. |
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1999 |
ENCON’s foray into selling an environmental product covering underground and above ground storage tanks (TankGuard®), which was underwritten by ENCON on behalf of AIG Environmental®. |
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2000 |
Developed technology insurance program. |
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2001 |
Retired the name Seabury & Smith and rebranded ENCON Group Inc. with new visual corporate identity. |
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2007 |
Introduced property and crime coverage for architects and engineers as well as for errors and omissions and information technology risks. Also, introduced critical illness insurance for group benefits clients. |
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2009 |
Introduced new ENCON Environmental Liability program, including products for contractors and owners or operators of storage tank systems. |
| 2010 |
Introduced Environmental Package Insurance, combining Commercial General Liability, Pollution Liability Insurance for Contractors, and Errors and Omissions Insurance, for contractors and consultants in the construction industry. |