82000reasons blogs - High Tech Ottawa Success Stories

The Ottawa region's technology sector has never

been stronger. Numbering nearly 82,000 people, its technology workforce is at an all-time high.

In the imaginations and aspirations of those people are 82,000 unique Ottawa technology success stories. Stories about living, working and playing in a city that celebrates its talent and entrepreneurial spirit like no other.

82000reasons.com is here to gather those stories and present them to the world. Enjoy reading the contributed blogs or watching the videos that explain Ottawa's technology advantage.

If you're already in Ottawa, please participate and add your story! If you're not in Ottawa yet, explore this site and then come join us!

The best story contributions will qualify for prizes, including round trip tickets on a new Ottawa-to-Frankfurt direct flight starting June 1st, 2008, courtesy of Air Canada and the Ottawa International Airport Authority, and BlackBerry Smartphones, courtesy of Research In Motion (RIM).

To be eligible for the prizes, all submissions must be received by April 30, 2008 at 5pm.

Together, we will build Canada's Innovation Capital to its next stage of growth and prosperity.

Entries in GlobalEx Ottawa (1)

GlobalEx Ottawa meets specific insurance needs of tech companies and VCs

GlobalEx Ottawa is a Canadian-based specialty brokerage firm providing insurance and risk management advice to corporations in the tech sector.

GlobalEx Ottawa was created in October 2006 when it acquired the Technology Division of Binks Insurance Brokers, an Ottawa firm founded in 1918. By focusing exclusively on information technology and communications (ITC), biotechnology, life sciences and venture capital firms, GlobalEx Ottawa is unmatched in its ability to provide creative, customized solutions for its niche market clients.

GlobalEx Ottawa CEO Neil Moloney, a 20-year veteran of underwriting technology firms, typifies the specialized advisory approach that has made GlobalEx a leader in risk management. Along with partner Mark Attley, a pioneer in the field of risk management for technology firms, the two principals offer an extremely well-informed, hands-on perspective on what technology firms require.

Business Advantage

GlobalEx Ottawa is the only Canadian member of TechAssure. TechAssure is a powerful global association of technology insurance brokers and consultants. As part of TechAssure, GlobalEx Ottawa has the capability to handle your worldwide insurance needs by drawing on the best and brightest in the insurance business, forming strategic relationships with brokers, law firms and accounting firms and cultivating strong relationships with leading insurance carriers.

GlobalEx Ottawa is also a strategic partner with Millennium CreditRisk Management Inc., Canada’s leading credit (accounts receivable) and political risk insurance broker. Through this partnership Millennium provides GlobalEx Ottawa with the tools and resources to manage and insure credit and political risk exposures for GlobalEX’s clients.

By focusing exclusively on ITC, biotechnology, life sciences and venture capital firms, GlobalEx Ottawa has developed an unparalleled level of expertise in these industry sectors. The company’s risk management specialists take a unique consultative approach to managing risk and we create customized solutions for our clients. We are not your typical insurance broker.

Technology companies are dynamic and require an insurance brokerage that is proactive, not reactive. GlobalEx Ottawa is that company. GlobalEx Ottawa does not follow the commodity-driven approach that is typical of the insurance industry. The GlobalEx team invests the time to understand every facet of your business in order to develop a customized risk management solution that truly meets your needs.

Our experienced people are the backbone of GlobalEx. Our employees are leaders in their fields. They bring extensive product knowledge, broad industry education and a dedication to thoughtful and innovative solutions.

Why Ottawa?

With sister offices in Montreal and Toronto, GlobalEx Ottawa is positioned to serve the 1800-strong technology companies in the Ottawa area – Canada’s innovation capital. As the centre of technological innovation, research and development, the growing Ottawa tech sector is attracting the best talent and is establishing itself as a world leader in ITC, biotechnology and life sciences – areas of GlobalEx Ottawa expertise.

By focusing on the needs of Ottawa tech companies, GlobalEx Ottawa is unmatched in its ability to provide creative, customized solutions for its niche market clients. As a result, the company has captured 10% of the Ottawa tech market share and we continue to attract the region’s best companies as clients.

As a city that offers small-town charm with big-city conveniences Ottawa’s appeal isn’t limited to business advantages. Ottawa offers world-class tourism, topnotch convention centres and a variety of indoor and outdoor attractions – making the city an attractive place to live and do business for GlobalEx employees and their valued clients.

Future Growth Plans

At present, the biggest obstacle GlobalEx Ottawa is facing is its self-proclaimed reputation for being the ‘best kept secret’ in the Ottawa technology sector. In the coming years, as the tech industry continues to grow, GlobalEx Ottawa will be increasing its exposure and brand awareness and expects to triple its current market share.