Floyd takes helm of IBAC

Chris Floyd, president of individual insurance services at the Ontario Teachers Insurance Plan (OTIP), is the new president of the Insurance Brokers Association of Canada.

IBAC announced Monday its new leadership team, which was confirmed October 5 at its annual general meeting in Halifax.

Floyd – who was born in Hamilton, Ont. and grew up in Kitchener – replaces Scott Treasure, CEO of Edmonton-based Treasures Insurance and Risk Management Inc. Treasure is now chair of IBAC.

Floyd was president of the Insurance Brokers Association of Ontario (IBAO) in 2014. He started his insurance career in 1986 at Gore Mutual Insurance Company in Cambridge.

IBAC’s new vice presidents are Linda Dolan and Robyn Young. Dolan is an owner of Alport Insurance in Port Alberni, British Columbia while Young is principal and owner of Lundgren and Young Insurance Ltd. in Calgary.

IBAC’s new president elect is Kent Rowe, vice president of commercial insurance at Wedgewood Insurance, which has offices in Corner Brook and St. John’s, Nfld.

The board of directors includes Ted Harman, president of Westmount, Que.-based Accent Insurance Solutions. Harman previously served as secretary-treasurer of the Regroupement des cabinets de courtage d’assurance du Quebec (RCCAQ) and vice-chair of the Centre for Study of Insurance Operations (CSIO).

Also confirmed earlier this month as IBAC board members are IBAO president Brian Purcell and Toronto Insurance Council president Rael Levy.

Purcell is a part owner of his family business, James Purcell Insurance Broker Ltd., which is based near Prescott, Ont.

Levy works out of Toronto as general counsel of Marsh Canada.

The other members of the IBAC’s board of directors are Shawn Fehr, Julia Marshall, Tracy Archer, Tara Chammartin, Brian Schryer, Gina McFetridge, David Cooke and Kelly Hickman.

This story was originally published by Canadian Insurance Top Broker.