Human Resources, Jobs, and the Insurance Community

Insurance Brokers Association of Ontario Elects New President

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Toronto, ON (July 28, 2016) – On behalf of the IBAO Executive Committee and the Recruitment Committee, Doug Heaman, President of the Insurance Brokers Association of Ontario, is pleased to announce the appointment of Colin Simpson as CEO, effective July 27, 2016.

Colin brings with him over fifteen years' experience and knowledge of technical industry issues in the insurance field. His experience includes his role as President and Chief Executive Officer and Director of a number of insurance and service companies in Canada and the United States. Colin specializes in corporate transformation, technology advancement, and change management which are areas he will leverage to lead the IBAO. With an Honours Degree in Business Law and Economics, a Master's Degree in Accounting and Finance and his CA designation, Colin's academic background and industry experience position him well for this role.

"As a proud, long term supporter of the independent broker network, I am very honoured to be able to lead the Association's members as we develop in the evolving economy" said Colin Simpson. "It is my privilege to serve our member brokers across Ontario and represent their interests for the betterment of the channel."

"Our industry is experiencing rapid change," said Doug Heaman. "With change, come challenges as well as amazing opportunities. Our number one priority was to select a CEO who will provide the leadership, business acumen, vision and dedication needed to recognize these opportunities and position our association for future success. The IBAO Executive and Recruitment Committee took this task very seriously, and our members' needs governed our approach and decision. During our CEO assessment process, we reached out to a number of stakeholders including IBAO members, Past Presidents of IBAO, our Executive members as well as outside industry partners."

Mr. Simpson stated that his number one priority is people; leveraging their collective capability to shape the long term future of the Association and better serve its members, industry stakeholders, and the dedicated team at IBAO. His key focus for IBAO will be collaboration and strengthening communication and alignment with all stakeholders to work effectively together.

About IBAO

The Insurance Brokers Association of Ontario is a ‘not for profit’ association that represents and serves the interests of over 12,000 independent Property & Casualty Insurance Brokers in the Province of Ontario. For information about IBAO, visit www.ibao.org.

Source: Insurance Brokers Association of Ontario (IBAO)


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