IBAO CEO Colin Simpson, President Jeff Gatcke and President-Elect Joseph Carnevale attended the meeting with key policy figures at the Ministry of Finance — David Wai, Assistant Deputy Minister of the Financial Services Policy Department, Joel Gorlick, Director of the Financial Institutions Policy and Vivien Lee, Senior Policy Advisor, Financial Services Policy.
Ontario Auto was the central topic of the meeting with a focus on innovation in this space. They made clear that the government is committed to addressing a wide breadth of insurance issues. Additional topics of discussion included data connectivity, distracted driving, small commercial automation and telematics.
“They were interested in our insight and suggestions and we’ll be participating in various follow-up meetings over the next few weeks,” said President Jeff Gatcke.
“It’s very pleasing that the current government sees the IBAO as a source of valuable insight in the current market,” said CEO Colin Simpson. “There is a real recognition that brokers — and therefore the IBAO — are seen as the voice of the consumer.”