Canadian Underwriter

Veteran Griffin to lead IBC

April 3, 2002   by Canadian Underwriter

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Stan Griffin, formerly the head of the Facility Association, has been selected to replace retiring George Anderson as president and CEO of the Insurance Bureau of Canada (IBC).
Griffin began with the IBC in 1975 and rose to the position of vice president of its Ontario region, before moving to Facility in 1999. He returned to IBC in 2001 as its executive vice president of regional operations.
Among his responsibilities with IBC was his role as chair of its terrorism insurance task force following the September 11 events, which has been lobbying the federal government for a solution to the lack of available terrorism insurance.
He will take over his new role on June 5. George Anderson has been invited to remain a member of the IBC board, the first such appointment in the IBC’s history.
Speaking on behalf of the board, chairman George Cooke thanked Anderson for his 10 years with the IBC. “In recognition of his leadership and many accomplishments, George Anderson will continue to be a strong contributor at the board of directors’ table.”
He also welcomes Griffin, noting, “I am confident that Stan Griffin’s strong leadership abilities and statesman-like manner will serve the Canadian p&c insurance industry extremely well in the coming months and years.”
Two challenges top Griffin’s agenda as he moves into the CEO’s position, he says. “The top priority is auto insurance reform in all regions of Canada as well as our industry’s pivotal role in health care.” During Griffin’s tenure as Ontario director, he was part of the discussions surrounding Ontario auto reform in the 1990s.
He adds his congratulations to Anderson for the work accomplished by the IBC in the past ten years. “We can be proud of such things as the successful implementation of graduated licensing, the introduction of Bill C-8, the multi-pronged fight against fraud, timely and appropriate action following the September 11 terrorist attacks, and the industry’s charge against the growing regulatory burden faced by the financial services sector.”

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