DAILY NEWS Nov 2, 2012 2:36 PM - 1 comment

ICBC cuts 250 jobs, mainly management

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2012-11-02

The Insurance Corporation of British Columbia, a Crown corporation that provides auto insurance in the province, has cut about 250 positions, mainly in management.

Five members of its executive have left the company, and two executive positions reporting to the CEO have been eliminated, ICBC announced.

Its executive team now includes:

  • Mark Blucher, Interim President & CEO
  • Steve Crombie, Vice President, Communications and Marketing
  • Sheila Eddin, Vice President, Transformation
  • Kellee Irwin, Vice President, Insurance and Driver Licensing (Acting)
  • Brian Jarvis, Vice President, Claims (Acting)
  • Kathy Parslow, Vice President, Corporate Services
  • Andy Platten, Chief Information Officer
  • Len Posyniak, Vice President, Human Resources
  • Geri Prior, Chief Financial Officer

“These reductions go beyond the recommendations from the Government review of ICBC earlier this year and bring staffing below 2008 levels,” ICBC noted in a release. “The company will be working to finalize further organizational changes and will also align compensation policy with Government’s new guidelines.”
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Mrs. Disgruntled Taypayer

I consider our government releasing some ICBC staff (and especially top heavy management staff) a step in the right direction but also consider it a classic case of misdirection. The real reason we see our rates climb every year is because of the millions of dollars our provincial government siphons off the ICBC premiums. $450 million last year and $900 million in this and the next two years. The manadate for ICBC when it was set up was to provide reasonably priced vehicle insurance for the people of BC, not provide another source of taxation on an already overtaxed populace.

Posted November 6, 2012 11:54 AM
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