Headquarters:

2 Queen St E, Toronto, ON

Year founded:

2022

Number of employees:

700+

Phone:

1 866 744 8668

Email:

contact@ontransitgroup.ca

Website:

ontariotransitgroup.ca

LinkedIn:

ca.linkedin.com/company/ontario-transit-group

“We prioritise embracing cutting-edge technologies, creative problem solving and continuous improvement to enhance our premium funding solutions and provide exceptional value to our clients”

Brett Bastow, IQumulate Premium FundinG

Clive Kinross

Co-founder and Chief Executive Officer

Sheldon Saidakovsky

Co-founder and Chief Financial Officer

Noah Buchman

Co-founder/President and Chief Revenue Officer

Leadership

Clive Kinross is a natural entrepreneur with a history of building successful, innovative tech businesses. He saw an opportunity to modernize the lending space and create an online business that created wins for consumers and investors. On September 1, 2011, that idea become a reality. His financial acumen, bold visionary approach, and determination have steered Propel to become the leader it is today. Under his leadership, Propel went public in an oversubscribed IPO in 2021 on the Toronto Stock Exchange (TSX: PRL). Since then, Kinross has driven Propel to expand into new geographies and achieve record, profitable growth.

Co-founder and Chief Executive Officer

Clive Kinross

Sheldon Saidakovsky co-founded Propel and currently serves as its chief financial officer. Having built Propel’s capital structure, he has been key to Propel’s profitable and sustainable growth since its launch in 2011. As CFO, Saidakovsky leads the company’s financial functions, including accounting and reporting, treasury, financial strategy, commercial and transaction structuring, audit, corporate finance, and investor relations. Sheldon has been instrumental in shaping and guiding the business through its various stages of development and growth. He has overseen the development of over $350 million in debt facilities, also leading the company through its successful IPO in 2021 and its acquisition of QuidMarket in 2024.

Co-founder and Chief Financial Officer

Sheldon Saidakovsky

Noah Buchman co-founded Propel and since day one has been a key driver of growth and the visionary behind Propel’s biggest evolutions. Buchman works cross-functionally across the entire company championing major initiatives and ensuring the company executes on its strategic plan. He leads teams in strategy, corporate & business development, communications, marketing and customer acquisition. He also oversees and leads all areas of the numerous and varied bank programs on the Propel platform. Buchman has played a transformative role building out the commercial structures and relationships with the company’s bank lending partners, largest marketing partners, and main credit bureaus.

Co-founder/President and Chief Revenue Officer

Noah Buchman

BRETT BASTOW, IQUMULATE PREMIUM FUNDINGs

Leadership

Jonathan Goler

Co-founder and Chief Risk Officer

Jonathan Goler co-founded Propel and currently serves as the chief risk officer. He is the architect of Propel’s proprietary AI-based technology platform, which has been a key driver of the company’s profitable growth and industry leadership. As an AI and technology pioneer, Goler has designed and built the custom underwriting platform, led the development of its proprietary loan management system, as well as the software development, QA, and business analysis teams. Currently, he leads the risk and product analytics groups, which are responsible for all aspects of evaluating the risk of both potential customers as well as broader macro risk.

Co-founder and Chief Risk Officer

Jonathan Goler

Gary Edelstein

President and Chief Operating Officer

Gary joined the team in 2016 as president of Propel, bringing with him over 20 years of leadership experience in developing and growing online businesses. At Propel, his focus on technology innovation, operational excellence, and continuous improvement has been instrumental in helping the company to scale rapidly and efficiently.

President and Chief Operating Officer

Gary Edelstein

Stevens & Associates Lawyers is a leading and trusted employment law firm based in Sydney known for delivering high-quality legal expertise in the area of employment law and industrial relations across Australia, alongside a proven track record of effectively and swiftly resolving a variety of workplace law issues. In the past year, the firm’s growth has been notable. It has: • experienced a 213% growth in the number of client matters, increasing from 149 client matters in the 2022 financial year to 390 client matters in the 2023 financial year • improved its online visibility, leading to over 50 online enquiries each month and a conversion rate of client leads of up to 40% • significantly expanded the breadth and type of matters that it advises on day to day, which has increased the firm’s skillsets, diversity and resilience • expanded its community outreach by collaborating with local Sydney venues for client seminars and continuing active participation in a Sydney small/family business group Stevens & Associates Lawyers has adapted to digital trends by implementing an effective strategy with SEO and web design, resulting in a structural shift that has seen increased representation of employees where the firm previously mainly advised employers. The firm’s recognition as a “Fast Firm” attests to its momentum in the employment law space.

“IQumulate is on a technology journey, and we’re just getting started”

Wayne Tower, IQumulate Premium Funding

Cindy Usprech

Senior Vice President, People and Culture, Chief of Staff

Cynthia MacWilliam

Executive Director, Client Services and Engagement

Cindy Khimji

Director, Human Resources

Pam Chhabra

Manager – Residential Strata

Cindy Usprech joined Propel in December 2015 and brings 25 years of experience in strategy, transformation, and operational HR. At Propel, she leads the development and execution of enterprise-wide strategy and programs for leadership, learning and development, talent management, compensation, and organization effectiveness.

Senior Vice President, People and Culture, Chief of Staff

Cindy Usprech

Cynthia MacWilliam has been executive director, client services and engagement of OMD since 2017. In this capacity, she leads OMD’s field team members and OMD Peer Leaders in their ongoing and varied supports to community-based physician practices. MacWilliam has over 25 years of experience working in health care and with physicians specifically on how to maximize the use of digital health tools within their practice for the collective benefit of providers and patients.

Executive Director, Client Services and Engagement

Cynthia MacWilliam

Cindy Khimji has been director, human resources at OMD since 2015. She is responsible for leading the HR function including day-to-day operations, strategic workforce planning, organizational development, compensation, training, recruitment, benefits, and pension. She creates innovative ways to engage all employees and establish the culture where leaders are developed and employees are empowered. As an established HR professional, she has over 20 years of experience in the health care industry.

Director, Human Resources

Cindy Khimji

Stephen McMillan first entered the financial services Industry when he joined GE Capital as a finance analyst in 2008, from which he progressed through roles working both onshore and offshore. From there, he moved into Pacific Premium Funding as a financial planning and analysis leader in 2012 and was a key resource in the evolution of the business, first with the successful sale to Macquarie Pacific Funding and then the following progression into IQumulate Premium Funding, where he is now the commercial manager. As commercial manager, McMillan leads a team that is responsible for commercial analysis and business support, identifying and reporting improvement initiatives, and the securitization and treasury functions of the business.

Commercial Manager

Stephen McMillan

One culmination of these efforts has been the real-world, needs-based IQEdge solution. A one-stop online quoting tool designed for both the Australian and New Zealand markets, IQEdge delivers quotes in under 60 seconds. Plus, the solution offers quote comparison and quote versioning capabilities, enabling users to review vital historical and financial data in a single page view. IQEdge can streamline and automate application processing, underwriting document verification and payment collection, cutting the need for manual labour and minimising processing errors. A digital “self-service” platform, IQEdge, reduces the need for customer and administrative support. Meanwhile, borrowers can access their accounts, make payments and manage their policies independently and through sales and support teams, which are always available for further assistance. “We’ve created a quality platform that simplifies the quoting process yet amplifies the customer experience,” says Gordon. “It’s a real game changer.” IQumulate offers an online digital quoting tool to clients. The best-in-market solution enables IQumulate to tailor funding offerings to brokers that align with their prefered distribution channel.

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What does IQumulate have in mind for the future? “IQumulate is on a technology journey, and we’re just getting started,” says Wayne Tower, CEO. “Through continuous engagement with our clients, partners, marketplace and industry, we will listen to the needs as they arise and position our business to be agile and respond to changes as they occur. “Faster decision-making innovations such as AI-powered decision support systems can expedite the underwriting and approval process, leading to quicker responses to clients. This can improve client satisfaction and potentially attract more business, with the potential to allow IQumulate to capture a larger market share, whilst continuing to deliver service excellence to clients.” “As forward-thinkers with a digital and ‘do it better’ mindset, we collectively and proactively look to learn and improve on our customer experience for our clients, paving the way for successful business outcomes for our clients and our business in the coming years ahead. “We’re excited for the future and look forward to what’s on the horizon.”

IQumulate invests in education and people, which are vital to attracting new business and talent to the company. “We have long tenures for several of our key staff, including some in leadership positions, and this sound working knowledge of our business, practices and industry provides great insights and a wealth of experience to offer our clients,” says Bastow. “Our new head of sales, Graeme Gordon, formerly manager for New Zealand, joins us in Australia to drive our sales strategy and lead our team to successful outcomes for our clients and our business. We look forward to great things ahead with Graeme as he continues to be active and present in the New Zealand market as well as building sound working relationships and new connections in Australia.” Clients can also expect a lot from working with IQumulate. “Through active engagement with our trusted broker network, IQumulate provides relevant information, education and training content,” says Graeme Gordon, head of sales. “Our clients can expect IQumulate to support their business in several ways, providing an understanding of what premium funding solutions are available and how IQumulate can spread the cost of insurance and help borrowers get the right level of insurance cover to free up their cash flow for other expenses or business growth opportunities. Premium funding is often considered a tool for those who simply cannot afford to pay their premiums in full. While this is certainly a significant driver for many, it is also successfully used by profitable companies who use premium funding to manage their cash flows more wisely or better manage their liquidity.”

What does IQumulate have in mind for the future? “IQumulate is on a technology journey, and we’re just getting started,” says Wayne Tower, CEO. “Through continuous engagement with our clients, partners, marketplace and industry, we will listen to the needs as they arise and position our business to be agile and respond to changes as they occur. “Faster decision-making innovations such as AI-powered decision support systems can expedite the underwriting and approval process, leading to quicker responses to clients. This can improve client satisfaction and potentially attract more business, creating a competitive advantage with the potential to allow IQumulate to command premium pricing or capture a larger market share. “As forward-thinkers with a digital and ‘do it better’ mindset, we collectively and proactively look to learn and improve on our customer experience for our clients, paving the way for successful business outcomes for our clients and our business in the coming years ahead. “We’re excited for the future and look forward to what’s on the horizon.”

Adam Basaldella

Manager – Claims

Product Manager

Claire Watson

Commercial Manager

Stephen McMillan

Claire Watson

Product Manager

Claire Watson

Product Manager

Claire Watson

“Our training empowers professionals to return to work with enhanced confidence, practical tools, and a deeper understanding of their workplace dynamics”

Alison Darling, Queen’s University IRC

“We offer both in-person and virtual formats, removing barriers related to geography, cost, or scheduling, while maintaining the high standards of quality for which Queen’s IRC is known”

Alison Darling, Queen’s University IRC

Ivan Verescuk

Chief Executive Officer and Managing Director

Shaun O’Brien

Head of Underwriting

Emily Walker

Head of Strata and Development

Rex Oakman

Head of Operations and Risk

Sandy Newton

Head of Underwriting

Andrew Mitchell

Manager – NSW

Michael Prokopis

Manager – Southern Region

Pam Chhabra

Manager – Residential Strata

Jeffrey Valdivia

Manager – Commercial Strata

Adam Basaldella

Manager – Claims

Ontario Transit Group (OTG) is a joint venture between Ferrovial Construction and Vinci Construction Grands Projets, through its subsidiary JANIN ATLAS. The consortium was selected to design, build, and deliver the Ontario Line Southern Civil, Stations, and Tunnel package for Metrolinx and Infrastructure Ontario. This significant infrastructure project covers the southern portion of the Ontario Line, extending from Exhibition Place to the Don Yard portal, located just west of the Don River. The scope of the design-build-finance contract includes the construction of a six-kilometre tunnel, as well as all associated tunnelling activities. OTG is also responsible for groundworks to support tunnel and station construction, utility, and conduit installation to accommodate future mechanical and electrical systems, and the development of guideway structures in preparation for track installation by the rolling stock, systems, operations, and maintenance contractor. The contract includes the delivery of seven stations: one aboveground station integrated with GO Transit’s Exhibition Station; two underground stations connected to TTC’s Osgoode and Queen Stations; and four new underground stations at King/Bathurst, Queen/Spadina, Moss Park, and Corktown. Upon completion, the full 15.6-kilometre Ontario Line will connect Exhibition Place all the way to the Eglinton Crosstown LRT at Don Mills Road.

A unique differentiator is the IRC’s Labour Relations programming, which brings together union and management perspectives in a neutral, respectful space. Participants also benefit from digital badges and customizable certificates that recognize and validate professional achievements. Other programs, such as Building and Leading Teams and Managing Workplace Conflicts, support healthier communication, which in turn reduces interpersonal friction and lowers absenteeism and turnover. Strategic partnerships, a client-centric approach, and forward-thinking innovation contribute to IRC’s status as a trusted partner in workforce development. Its 96 percent satisfaction rate and rising demand for custom programs (a 60 percent increase over two years) underscore its market leadership and commitment to excellence. Another of Queen’s IRC’s impactful strategies has been its commitment to future-proofing professional development. The organization has overhauled 60 percent of its curriculum, introduced programs like Workplace Equity, Diversity, and Inclusion, and leveraged data from over 300 professionals in its 2025 HR Trends Report to guide its evolution. Dual-delivery models and learning via webinars ensure accessibility and sustained engagement. Organizations and individuals engaging with Queen’s IRC see tangible results: improved leadership capabilities enhanced conflict resolution stronger team cohesion better labour-management relations Winning industry accolades, such as being recognized in Canadian HR Reporter’s Readers’ Choice 2025 list, only compounds Queen’s IRC’s resolve to innovate. With a legacy of excellence and a bold vision for the future, the organization continues to empower HR professionals to thrive. Darling reflects, “With our clients and participants as partners, we will continue creating meaningful, relevant, and high-impact learning experiences that strengthen workplaces across Canada and beyond.”