La Capitale’s president & COO announces retirement

“Obviously, I will miss the very professional and dedicated people I had the pleasure of working with”

La Capitale’s president & COO announces retirement

Insurance News

By Sam Boyer

Constance Lemieux, president and COO of leading Quebec insurer La Capitale’s P&C division has announced her retirement.

The announcement was made on Friday, with Lemieux set to stand down on February 24 after a decade at the company. Christian Fournier, the current VP of claims, has been named as her successor at La Capitale General.

Asked about her retirement, Lemieux told Insurance Business: “I feel really good because I know the P&C sector will be in good hands with Christian Fournier.

“Obviously, I will miss the very professional and dedicated people I had the pleasure of working with,” she said. “I plan to sit on some boards, as I have done for many years, and do some executive coaching.”

The company moves were announced by Jean St-Gelais, chairman of the board and CEO of La Capitale Insurance and Financial Group.

“Through her vision and leadership, our general insurance sector has posted solid results and sustained growth over the years, recording nearly $1 billion in premium volume in 2017,” St-Gelais said, of Lemieux’s achievements.

“We offer Ms. Lemieux our sincere thanks for the invaluable contribution she has made to our company’s growth and development, and wish her much happiness and satisfaction in her future endeavours.”

Lemieux joined La Capitale in 2008 as VP for the development of new financial sectors and organizational effectiveness. She was appointed president of La Capitale General Insurance in 2010.

Her successor will take up his new duties on February 26. A Fellow of the Canadian Institute of Actuaries and the Casualty Actuarial Society, he joined La Capitale General in 2011 and was appointed to his current position in 2013.
Of Fournier, St-Gelais said: “The solid business savvy Christian Fournier has built in 20-plus years of experience, together with his innovative flair, strategic mindset and accountability-oriented leadership, have proven to be vectors of success since his arrival at La Capitale.

“These same qualities will undoubtedly stand Christian in good stead as he moves with confidence to meet the challenges that await him in his new position, and our general insurance sector will continue to distinguish itself by its spirit of innovation and by the quality of its products and customer service.”

Related stories:
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