With nearly 200 active wildfires in Alberta, including a devastating fire that has already caused damage to structures in the Municipality of Jasper and forced thousands of people to evacuate, Insurance Bureau of Canada has deployed its Virtual Community Assistance Mobile Pavilion (V-CAMP) to provide general insurance information to affected residents. #ABPoli #ABWildfire
Insurance Bureau of Canada
Insurance
Toronto, Ontario 34,194 followers
IBC is the national industry association representing Canada’s P&C insurers.
About us
Insurance Bureau of Canada (IBC) is the national industry association representing Canada's private home, auto and business insurers. Its member companies make up the vast majority of the property and casualty (P&C) insurance market in Canada. For more than 50 years, IBC has worked with governments across the country to help make affordable home, auto and business insurance available for all Canadians. IBC supports the vision of consumers and governments trusting, valuing and supporting the private P&C insurance industry. It champions key issues and helps educate consumers on how best to protect their homes, cars, businesses and properties.
- Website
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http://www.ibc.ca/
External link for Insurance Bureau of Canada
- Industry
- Insurance
- Company size
- 201-500 employees
- Headquarters
- Toronto, Ontario
- Type
- Privately Held
- Founded
- 1964
Locations
Employees at Insurance Bureau of Canada
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Alex Ivanova, BEng(Hons), CSQA
Manager, Quality Assurance at Insurance Bureau of Canada
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Rishi Tibriwal
Vice President Finance and Chief Financial Officer at Insurance Bureau of Canada
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Amra Porobic
Manager, Information Services at Insurance Bureau of Canada
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Mason Chen
Senior Software Test Engineer at Insurance Bureau of Canada (IBC)
Updates
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A new report from Insurance Bureau of Canada reveals that one year after consecutive devastating wildfires and flooding in Nova Scotia, the total insured losses now stand at $490 million, according to estimates from Catastrophe Indices and Quantification Inc. (CatIQ). #NSPoli #CDNPoli
Insured losses from Nova Scotia’s 2023 wildfires and flooding now approaching half billion dollars
ibc.ca
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“Just last week, the remnants of Hurricane Beryl caused deadly flooding to the same areas of Nova Scotia that were impacted by last year’s flash flood. This is another clear reason to move forward with Canada’s National Flood Insurance Program. This is the single, most important step the government can take to better protect homeowners from the financial risks of climate change." - Craig Stewart, Vice-President, Climate Change and Federal Issues, IBC. #CDNPoli #NSPoli #FundFloodInsurance
Nova Scotia flash floods – IBC calls for federal action one year on
insurancebusinessmag.com
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In the aftermath of the intense flash flooding across southern Ontario today, Insurance Bureau of Canada is providing insurance information to affected residents and has deployed its Virtual Community Assistance Mobile Pavilion (V-CAMP). #ONPoli #ONStorm #ONFlood
Insurance experts provide guidance to Ontario residents in wake of flash flooding
ibc.ca
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Just a year ago, Nova Scotia residents faced devastating flash flooding that resulted in four fatalities and caused extensive damage to a region still recovering from wildfires. This anniversary serves as a sobering reminder of the additional efforts needed to better protect Canadians from flooding. #FundFloodInsurance #NSPoli #CDNPoli
Anniversary of Nova Scotia’s deadly flash flood provides sombre reminder of the impacts of severe weather
ibc.ca
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“We're reaching a crisis point in Alberta's auto insurance market.” - Aaron Sutherland, Vice-President, Pacific & Western, IBC. #ABPoli
Auto insurance companies keep leaving Alberta. Here's why | CBC News
cbc.ca
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'Something's wrong with this market' — private firms look to leave province as 'auto insurance crisis' roils Alberta. #ABPoli
Varcoe: 'Something's wrong with this market' — private firms look to leave province as 'auto insurance crisis' roils Alberta
calgarysun.com
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Canada’s P&C insurance industry drives and strengthens the country’s economy. In 2022, the industry contributed $22 billion to the country’s GDP, employed over 145,000 Canadians and supported over 297,000 jobs, in total. Learn more about the industry's contributions to economic growth in IBC's InsurEconomy report. #CDNInsurEconomy #CDNPoli
Canada’s property and casualty insurance industry: A major contributor to economic growth
ibc.ca
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Insurance Bureau of Canada reposted this
This was a fun one! Sat down for a chat with Karen Smith and Stuart Livingstone for the Emerging Environmental podcast to talk about climate risks, building resilient communities, keeping Canada insurable and our work at Insurance Bureau of Canada and Climate Proof Canada. 🇨🇦🌊🔥🚒🌧️🏘️🏡🏢🏗️🌱
Assistant Professor (Teaching Stream) - Conservation & Biodiversity - MEnvSc program at University of Toronto Scarborough
Curious about how the insurance (and reinsurance) industry is thinking about climate impacts and future climate risk? Then this episode of Emerging Environments is for you. We spoke with Jason Clark, the National Director of Climate Change Advocacy at the Insurance Bureau of Canada and the Chair of Climate Proof Canada, about how climate change is shifting the landscape of insurance in Canada. Find us on your favourite podcatcher!
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Canada’s cyber insurance market has grown significantly in recent years, potentially due to increased awareness of cyber threats and improved underwriting controls. According to Insurance Bureau of Canada’s latest report on cyber insurance trends, cyber liability premiums increased from $18 million in 2015 to $550 million in 2023. Read our latest In Focus piece by Mahan Azimi, Manager, Catastrophic Risk Policy, IBC, to learn more. #IBCINFocus #CDNPoli
Trends affecting Canada’s cyber insurance market
ibc.ca