FCIP Candidates by Institute 2014-2015

89 Pages·2016·5.09 MB·English

by  Jason Love

2014/2015
The Insurance
Institute of Canada
Annual Report
The Insurance Institute
of Canada
Annual Report
2014–2015
L’Institut d’assurance
du Canada

Rapport annuel

2014–2015

Organization and Aims
Insurance Institutes are the educational The Institute sets the syllabus of studies, supervise arrangements for holding
bodies for the property and casualty produces the appropriate Canadian texts, the examinations; maintain libraries of
business. conducts distance-learning courses, holds insurance textbooks available on loan to
national examinations, and elects graduates. members; support graduates’ societies
The first Institute was started in Toronto
and public speaking clubs; promote
in 1899. Others followed in Montreal, The Institute sponsors a competition for
seminars, workshops, and research
Winnipeg, and Vancouver. Local Institutes original essays, works of research, papers,
projects to further efficiency and
are now established in all provinces. or articles on subjects related to property
progress in general insurance.
and casualty insurance.
In 1952, all Institutes joined in association
with The Insurance Institute of Canada to Local Institutes provide local facilities
establish a uniform standard of insurance to students; arrange classroom
education and examinations. instruction and study groups;
Article V
Rights, Duties and Responsibilities Institute graduates shall not violate any or produce such information, documents
of Membership law or regulation duly enacted by any or papers, without the consent of the
governmental body whose authority has employer or client concerned, except as
Fellow Chartered Insurance Professionals,
been established by law, and no Institute required to do so by law.
Chartered Insurance Professionals,
graduates shall knowingly lend themselves,
Honorary Chartered Insurance Institute graduates shall use due
their names or their services to any
Professionals, Fellows and Associates diligence to ascertain the needs of their
unlawful act of their employer or client.
(hereinafter referred to as Institute client or principal and shall not undertake
graduates) shall be bound by the terms Institute graduates shall not willfully any assignment if it is apparent that
and conditions of the following Code misrepresent or conceal material fact it cannot be performed by them in a
of Ethics and attendant Disciplinary in insurance and risk management proper and professional manner.
Procedures. Additionally, any other business dealings in violation of any
Institute graduates shall not fail to use
Member shall not be eligible for duty or obligation.
their full knowledge and ability to
election as a Fellow Chartered Insurance
Institute graduates shall not sign or perform their duties to their client or
Professional or Chartered Insurance
associate themselves with any letter, principal.
Professional should they be found to be in
report, statement or representation,
breach of the following Code of Ethics.
In all dealings graduates shall conduct
which they know is false or misleading,
themselves with dignity and shall avoid
Code of Ethics: or which is prepared in a manner which
conduct which would discredit the
might tend to be misleading or to
Institute graduates shall, in exercising profession of insurance or the Institute.
misrepresent the actual situation.
their professional responsibilities, and
in all professional matters, subordinate Institute graduates shall treat as confidential
personal interests to those of the public, any information, documents, or papers
the client or employer or the Institute relating to the business affairs of their
and profession as the case may be. employer or client and shall not disclose
Contents
Subscribing National Companies 2015 6
Board of Governors 2014 - 2015 7
Board of Governors 2015 - 2016 8
Photograph, Board of Governors - Annual General Meeting - October 2015 9
Chair’s Address to the 62nd Annual General Meeting - October 2015 10
Reports
Academic Division 13
National Prizewinners 2014 - 2015 19
Registration Statistics (CIP Program) 22
Professionals’ Council Report 25
Treasurer’s Report 36
Independent Auditor’s Report 37
Financial Statements 38
Regional Reports
Western Regional Report 55
Ontario Regional Report 59
Quebec Regional Report 62
Atlantic Regional Report 64
Minutes of the 62ndAnnual General Meeting of The Insurance Institute of Canada 67
Award of Merit Recipients 70
Honorary Chartered Insurance Professionals 72
Past Chairs 73
Adjunct Faculty
Authors and Consultants 2014 - 2015 75
Tutors and Markers 2014 - 2015 75
CIP Instructors 2014 - 2015 76
Graduating Fellows 78
Continuing Education Graduates 78
Graduating Chartered Insurance Professionals 80
Associated Local Institutes and Chapters 88
Peter G. Hohman, MBA, FCIP, ICD.D Administrative Offices
President and 18 King Street East, 6th Floor
Chief Executive Officer Toronto, Ontario, M5C 1C4
2014 – 2015 Annual Report 5
Subscribing
National Companies
2015
AIG Canada PAFCO Insurance Company
Alberta Motor Association Insurance Partner Reinsurance Company of the U.S.
Algoma Mutual Insurance Company Peace Hills General Insurance Company
Allstate Insurance Company of Canada Peel Maryborough Mutual Insurance Company
Antigonish Farmers' Mutual Insurance Company P.E.I. Mutual Insurance Company
Aon Re Canada The Portage La Prairie Mutual Insurance Co.
Aon Reed Stenhouse Inc. RBC General Insurance Company
Aviva Canada Inc. Red River Mutual
Ayr Farmers' Mutual Insurance Company RSA Canada Group
Bay of Quinte Mutual Insurance Company Saskatchewan Government Insurance Canada
Bertie & Clinton Mutual Insurance Company Saskatchewan Mutual Insurance Company
Boiler Inspection & Insurance Company of Canada Scor Canada Reinsurance Company
Certas Home & Auto Insurance SGI Canada Insurance Services Ltd.
Chubb Insurance Company of Canada Sirius America Insurance Company
CNA, Canadian Operations South Easthope Mutual
Coachman Insurance Company The Toa Reinsurance Company of America
Co-operators General Insurance Company/Group Travelers Canada
Crawford & Company (Canada) Inc. The Wawanesa Mutual Insurance Company
The CUMIS Group Limited Westminster Mutual Insurance Company
Cunningham Lindsey Canada Limited Yarmouth Mutual Fire Insurance Company
C.U.R.I.E. Zurich Canada
Dufferin Mutual Insurance Company Promutuel L'Abitibienne, S.M.A.G.
Ecclesiastical Insurance Office plc Promutuel Appalaches - St-François
The Economical Insurance Group Promutuel Bois-Francs, S.M.A.G.
ENCON Group Inc. La Capitale, Compagnie d'Assurance Générale
Erie Mutual Fire Insurance Company Desjardins Groupe d'assurances générales
General Reinsurance Corporation Promutuel Drummond, S.M.A.G.
Germania Mutual Insurance Company Le Groupe Estrie-Richelieu
Gore Mutual Insurance Company Promutuel de L'Estuaire
The Guarantee Company of North America Ledor Assurances
Hay Mutual Insurance Company Promutuel du Littoral
Intact Insurance Company Lotbinière, S.M.A.G.
Kent & Essex Mutual Insurance Company Promutuel Montmagny-L'Islet
Kernaghan Adjusters Limited Promutuel Prairie-Valmont
The Kings Mutual Insurance Company Promutuel Riviere-du-Loup
L & A Mutual Insurance Company Promutuel Rouyn-Noranda-Témiscamingue
Lloyd's Underwriters SSQ, Société d'Assurances Générales
Manitoba Public Insurance Corporation Promutuel La Vallée, S.M.A.G.
Mennonite Mutual Fire Insurance Company Promutuel Vaudreuil-Soulanges
Munich Reinsurance Company of Canada Verchères, S.M.A.G.
North Blenheim Mutual Insurance Company
North Kent Mutual Fire Insurance Company
North Waterloo Farmers Mutual Ins. Co.
Northbridge Financial Corporation
Old Republic Insurance Company of Canada
Oxford Mutual Insurance Company
6 The Insurance Institute of Canada
Board of Governors
2014 – 2015
Chair T. Neil Morrison, BA (Hons) HUB International Limited
Deputy Chairman J.R. (Bob) Tisdale, MBA, FCIP, CRM. ICD.D Pembridge and Pafco Insurance Companies
Past Chair Silvy Wright, BA (Hons), CA Northbridge Financial Corporation
Governor-at-Large Jean-François Blais, F.C.A.S., F.C.I.A. Intact Insurance
Regional Vice Chairs
Western Provinces Glenda Ouellette, BA, MBA, FCIP Insurance Corporation of British Columbia
Ontario Pat Van Bakel, BA, CIP Crawford & Company (Canada) Inc.
Québec Chantal Gagnon, MBA, FPAA Intact Insurance
Atlantic Provinces Darrel Coates, CIP, CRM South Eastern Mutual Insurance Company
Divisional Vice Chairs
Academic Michael Wills, FCIP Eagle Underwriting Group Inc.
Professionals’ Julie Pingree, BA, CIP RSA Canada
Governors: George Klassen, FCIP, CRM The City of St. Albert
Troy Bourassa, MBA, CIP Alberta Motor Association Insurance Company
Mark Rouleau, FCIP, CRM Aviva Canada
Nathalie Wright, CIP The Co-operators
Mark Francis, FCIP, ACS Insurance Corporation of British Columbia
Jennifer Perry, CHRP, CPM HUB International Insurance Brokers
Wayne Coates, BA, CIP Insurance Corporation of BC
Barbra Kania, FCIP Aviva Canada
Ian Frost, FCIP Wawanesa Mutual Insurance
Everett Porter, CIP Wawanesa Insurance
Helen Smith, CIP The Co-operators
Steve McQueen, BBA, CIP Burns & Wilcox Canada
Robert Byrne, B.Comm., CIP, CD Public Utilities Board
Moira Murphy, B.Comm.,FCIP Intact Insurance
Paul Croft, CIP Aon Reed Stenhouse
Tim Shauf, BA, CIP The Commonwell Mutual Insurance Group
Tom Reikman, MBA, HBSc, CIP Economical Insurance
Arlene Byrnes, BA, CIP Intact Insurance
Brent Hackett, FCIP, CIOP, EGA Crawford and Company (Canada) Inc.
Tom Pooler, FCIP, CRM Erie Mutual Insurance
Elaine Porter, CIP Bryson & Associates Insurance Brokers Ltd.
Corinne McIntosh, CIP, CRM ENCON Group Inc.
Suni Simpson-Calvert, CIP London, Ontario
Kathy Stewart, CIP Hyndman & Company
Simon Charbonneau, FPAA, CRM Chubb du Canada, compagnie d’assurances
François Jean, CIP, CRM Forum Risk and Insurance
Mike Hordichuk, CIP Harvard Western Insurance
Crystal Syrenne, CIP The Co-operators
President and
Chief Executive Officer Peter Hohman, MBA, FCIP, ICD.D
2014 – 2015 Annual Report 7
Board of Governors
2015 – 2016
Chair J.R. (Bob) Tisdale, MBA, FCIP, CRM. ICD.D Pembridge and Pafco Insurance Companies
Deputy Chairman Jean-François Blais, F.C.A.S., F.C.I.A. Intact Insurance
Past Chair T. Neil Morrison, BA (Hons) Toronto, Ontario
Governor-at-Large Lynn Oldfield, MBA, FCIP, CRM AIG Canada
Regional Vice Chairs
Western Provinces Robert Katzell, BA, LLB Edmonton, Alberta
Ontario Tim Shauf, BA, CIP The Commonwell Mutual Insurance Group
Québec Chantal Gagnon, MBA, FPAA Intact Insurance
Atlantic Provinces Kathy Stewart, CIP Hyndman & Company Ltd.
Divisional Vice Chairs
Academic Michael Wills, FCIP Eagle Underwriting Group Inc.
Professionals’ Julie Pingree, BA, CIP RSA Canada
Governors: Chad Shurnaik, B.Comm., FCIP, CRM Peace Hills General Insurance
David Sorensen, BA (Hons), FCIP Government of Alberta
Mark Rouleau, FCIP, CRM Aviva Canada
Nathalie Wright, CIP The Co-operators
Jennifer Perry, CHRP, CPM HUB International Insurance Brokers
Jan Brownridge, BA (Hons), FCIP, CRM Munich Reinsurance Company of Canada
Dale Rogoza, CIP, CRM ClaimsPro Inc.
Ian Frost, FCIP Wawanesa Mutual Insurance
Joanne Hampson, FCIP Wawanesa Mutual Insurance
Everett Porter, CIP Wawanesa Insurance
Helen Smith, CIP The Co-operators
Steve McQueen, BBA, CIP Burns & Wilcox Canada
Robert Byrne, B.Comm., CIP, CD Public Utilities Board
Moira Murphy, B.Comm.,FCIP Intact Insurance
Paul Croft, CIP Aon Risk Solutions
Tom Reikman, MBA, HBSc, CIP Economical Insurance
Robert Fellows, MBA, FCIP, CRM Allianz Global Corporate + Specialties (AGCS)
Joan Wager, CIP, CAIB Hutcheson, Reynolds & Casewell
Rocco Neglia, BA (Hons), CIP Economical Insurance
Darlene Diplock, CIP, CAIB Hub International
Enrico Mastrangeli, HBA, CRM, FCIP The Commonwell Mutual Insurance Group
Corinne McIntosh, CIP, CRM ENCON Group Inc.
Anna McCrindell, BA, FCIP Gore Mutual Insurance Company
Kathy Stewart, CIP Hyndman & Company Ltd.
Simon Charbonneau, FPAA, CRM Intact Assurance
François Jean, CIP, CRM Forum Risk and Insurance
Mike Hordichuk, CIP Harvard Western Insurance
Crystal Syrenne, CIP The Co-operators
President and
Chief Executive Officer Peter Hohman, MBA, FCIP, ICD.D
8 The Insurance Institute of Canada
Board of Governors
Annual General Meeting
October 2015
Sitting (l to r):
Silvy Wright, J.R. (Bob) Tisdale,
T. Neil Morrison, Jean-François Blais
1st Row Standing (l to r):
Pat Van Bakel, Mike Wills, Julie Pingree,
Chantal Gagnon, Darrel Coates,
Glenda Ouellette, Peter Hohman
2nd Row Standing (l to r):
Rocco Neglia, Steve McQueen,
Joanne Hampson, Nathalie Wright,
Joan Wager, Moira Murphy,
Darlene Diplock, Helen Smith,
Corinne McIntosh, Kathy Stewart,
Enrico Mastrangeli, Chad Shurnaik,
Norine Taylor, Jennifer Perry
3rd Row Standing (l to r):
François Jean, Ian Frost, Everett Porter,
Paul Croft, Tim Shauf, Mark Rouleau,
Simon Charbonneau, Dale Rogoza,
Anna McCrindell, David Sorensen,
Mike Hordichuck, Crystal Syrenne
2014 – 2015 Annual Report 9
Chair’s Address to the
62nd Annual General Meeting
October 2015
Neil Morrison, BA (Hons)
It is great to be here and it has been a professional development to our industry.
great year for the Institute and it has I’ll start with two cornerstones: Financial
been a great 3 years to have had a seat and I.T.
on the Institute’s Executive Committee.
Most members probably do not
The demand for I confess to have been somewhat appreciate that the Institute has over
reluctant to engage with the Institute $18 million in assets and a $12 million
web-based learning
when Maurice Tulloch asked that I insert annual budget. Where once upon a time
as a preferred myself into the executive rotation to Chair funding for the Institute’s initiatives came
– not because I wasn’t fully supportive of from voluntary “subscription” contributions
learning style is
the Institute (because I do strongly believe from the industry’s insurers (and while
being met with a that well-educated, knowledgeable, that financial commitment remains very
credentialed professionals are essential to important) the institute has aggressively
broad offering of
the success of any organization – and that moved towards a user-pay model and has
online options both learning and knowledge is an ongoing been able to reduce “subscriptions” by
investment in oneself and in one’s career) 20% - about $50,000 for your average
at the local and
but rather my reluctance was more about $2 billion insurer – and counting!
national levels. how I might contribute something to the
As to technology, it is a cornerstone
Institute’s benefit. And in hindsight…
brick to meeting or exceeding
I was probably right!
customers’ every changing demands
The fact is, I feel I have personally and expectations (to keeping relevant
benefitted more from participating and abreast of needs) especially around
with other senior professionals in the how and in what format members want
industry – and certainly with Peter and to consume our products – and for the
his colleagues at the Institute – than institute that has manifested itself in the
I fear I have been able to impart – on form of CBE or “computer-based-exams”.
what is a very well run organization who The CBE platform will permit students
without exception provides world-class to write more than 40 different exams
in either of Canada’s national languages
stewardship over top notch continuing
in three week exam windows three
education and learning in our industry.
times per year. Exam markers will receive
And if you will permit me, I would like and return their grading assignments
to highlight some of the very full and electronically – which reduces the
active agenda items the institute has time to have exams marked (down to a
prioritized as it continues to transform couple of days rather than weeks) and
the way it advances the delivery of eliminates the costs and risks associated
10 The Insurance Institute of Canada