Insurance Canada Appoints New President and CEO

In her current role, Power drives IBC’s national advocacy priorities and leads operational strategy, including planning and budgeting. Since joining IBC, she has held progressively more senior positions. She is the Executive Director of Strategy and Member Engagement. Vice President – Western; and Chief Strategy Officer.

“I am thrilled with the opportunity to lead one of Canada’s preeminent industry associations,” said Power. “I am truly passionate about the important work IBC does on behalf of property and casualty insurers, bringing public policy solutions to some of the most pressing challenges facing our country. We play an important role in society and touch the lives of all Canadians, so we are honored to be entrusted with the role of representing the industry alongside the government, stakeholders and consumers.”

IBC’s Board of Directors announced the appointment of Power after extensive research, and Chairman of the Board Heather Masterson, President and CEO of Travelers Canada, commented: Celeste brings extensive experience in government relations, a deep understanding of issues affecting Canadians and the property and casualty insurance industry, and a drive and focus to find solutions that work for all stakeholders. “

Power is a strong advocate for Diversity, Equity and Inclusion (DE&I) and an active member of The Insurance Supper Club Canada, which helps promote women to senior positions across the insurance industry. has completed the Women Get program. on board.

Don Forgeron announced in June 2022 that he will retire from IBC after 28 years with the Property and Casualty (P&C) Insurers Association.

At the time he said: many.

“I am proud of what IBC and the industry have achieved during my tenure. We have made progress to fix our broken auto insurance system and make it better for drivers. and built momentum for a national flood insurance program to protect Canadians from the effects of a changing climate. I have continued to show that I give.”