Event

18

June 2014

How Co-operative Solutions are Redefining Ontario's Auto Insurance Industry

7:45am-9:00am | The Marriott Hotel - 525 Bay Street , Toronto

Escalating auto insurance fraud, excessive red tape in the system, rising costs of health care – these are just some of the issues that Ontario's auto insurance companies are focusing on to address the cost of auto premiums for consumers. Listening to the needs and concerns of thousands of Ontario consumers over the last two years is helping the industry find innovative solutions and develop a plan they will take to regulators and newly elected and re-elected politicians. To learn more about the problem and the direction the industry is proposing, join us as Don Forgeron addresses the Economic Club of Canada.

How Co-operative Solutions are Redefining Ontario's Auto Insurance Industry

Don Forgeron

President and CEO
Insurance Bureau of Canada (IBC)

Don Forgeron

Appointed Insurance Bureau of Canada’s President and CEO in 2009, Don has a successful track record of over 24 years in the property and casualty (P&C) insurance industry. He has a strong foundation in the public and private sectors, having worked for Alberta’s Department of Environment and the National Research Council in Nova Scotia early in his career.

After joining IBC in 1993 as Vice-President, Atlantic Canada, and subsequently Ontario, Don worked for positive impacts to the insurance and public policy landscapes. Leading the charge for auto insurance reform in Ontario and Atlantic Canada, he worked with various provincial governments to create sustainable and aff ordable auto insurance systems that meet the consumer need for affordable premiums and adequate benefi t levels. Don also helped bring about graduated driver licensing across Atlantic Canada working with Governments and interested stakeholders.

In 2000, Don assumed the role of Vice-President, Strategic Development of Investigative Services, where he supervised work with Customs Canada and other law enforcement agencies to reduce the number of stolen vehicles shipped internationally. He guided IBC’s transition to a focused, low-cost service supplier to the industry.

As President and CEO, Don works with governments and key stakeholders across the country to build a strong, stable P&C industry and a stronger and safer Canada. He has played a key role in building a consumer-focused and sustainable auto insurance system in Ontario. He is also leading a national conversation on the need to better prepare for an earthquake in various parts of Canada and finally, he has pushed for a national dialogue with governments and consumers on the need for severe weather adaptation.

Don is also a leader involved in the international insurance issues that increase industry effectiveness and provide input to regulatory bodies. He is a founding member of the Global Federation of Insurance Associations (GFIA) and leads an international working group in Natural Catastrophe response.

A graduate of Cape Breton University, Don has completed management studies with University of Toronto, Harvard and McGill universities. He served as the 2012/13 Insurance Division Chair for United Way Toronto and as a member of the Campaign Cabinet. Don has also served as a member of the Multiple Sclerosis Society of Canada’s Board of Directors (Ontario Division).

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