Insurance Institute to focus on standardizing education

The first priority for the Insurance Institute of Canada is the standardization of education, and a new chair will be leading the charge for the coming year.

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The first priority for the Insurance Institute of Canada is the standardization of education, and a new chair will be leading the charge for the coming year.

Celebrating the 60 annual general meeting in Toronto recently, the IIC elected Silvy Wright as its new chair of the board of governors, and placed at the top of the agenda for the coming year education.

“Throughout the history of the Insurance Institute, the organization’s board of governors has promoted continuity of the same vision, based on the founders’ stated objectives,” said Peter Hohman, president and CEO of the IIC. “Collectively they have been committed to the advancement of insurance education and have found ways to achieve this central aim.”

The organization’s top priority should be “the standardization of the insurance education across Canada, with a uniform syllabus, uniform examinations, and consequently equal standing for graduates, regardless of location,” agreed the board of governors.

The same founding principle informs the Insurance Institute’s board of governors to this day, even as the industry’s workforce has evolved and transformed over six decades, added Hohman.

Wright, the IIC’s current board chair, is president and CEO of Northbridge Financial Corporation. (continued.)

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“I am truly honoured to be chair of the board of governors for The Insurance Institute of Canada at this important time in our history,” she said. “There has been more change in the past five years than in the past 20, and we need to do more than just keep pace.”

Wright said she wants to help the Insurance Institute continue to drive innovation around program design and delivery. She is also determined to build greater awareness of the excellent career opportunities within the insurance industry.

“The more we continue to innovate and advance, the more we’ll be able to attract the best and brightest – the future leaders of this industry,” she said. “There are great opportunities for a rich and rewarding career in our industry, and we’ve got to let people know that.”
 

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