After a recent Board of Directors election, the Insurance Bureau of Canada (IBC) has named Sylvie Paquette as its board chair. Paquette, who has served on the board since 2010, is president and COO of Desjardins General Insurance Group (DGIG).
 
As chair, Paquette hopes to align IBC imperatives with the evolving needs of Canadian P&C insurers.
 
“The pace of change in Canada’s private property and casualty insurance industry continues to increase. The market and consumers both demand more from insurers, and they require it more rapidly than ever before. I look forward to working with IBC and its other member companies to ensure that our strategic priorities meet the needs of Canadians,” Paquette said in a statement.
 
She also expressed interest in taking greater strides to include more of the Canadian public in this ongoing discourse.
 
“Together we will continue to put consumers first to ensure an environment in which consumers and government trust, value and support the private P&C insurance industry,” she said.
 
Paquette began working at Desjardins in 1984, and remains exceedingly active in community affairs. In addition to serving as a Fellow of the Canadian Institute of Actuaries and the Casualty Actuarial Society, she sits on the board of directors for several P&C industry organizations.
 
“Sylvie brings an immense amount of knowledge and experience to this role. We look forward to working with her on key issues that will help consumers and strengthen Canada’s private P&C insurance industry,” said Don Forgeron, president and CEO of IBC. “Her leadership will help us advance our strategic priorities, including promoting sustainable and affordable auto insurance systems across the country and helping protect Canadians from the impact of severe weather.”