CashNews.co
TORONTO, ON, DECEMBER 2, 2024/insPRESS/ – The Property and Casualty Insurance Compensation Corporation (PACICC) welcomes Jeff Stewart as its new Vice President, Finance, effective December 2, 2024. He will report to the President and CEO of PACICC, Alister Campbell. Jeff has a proven track record with two large organizations in the financial services sector. He is a Chartered Professional Accountant, with expertise in capital management, reinsurance, data analysis, risk management and internal controls.
Said PACICC CEO Alister Campbell, “We are delighted to welcome Jeff and the talents that he brings to the PACICC team. This is an exciting time for our organization, as we continue on our modernization journey. Jeff’s finance background in banking and life insurance will enhance our staff skills inventory, as we work to enhance our resolution capabilities and expand our financial capacity. He will also play a key role in our ongoing efforts to mitigate systemic risk in the industry.”
A long-time resident of Montreal and fully bilingual, Jeff will continue to reside in Quebec and work with the rest of the PACICC team on a hybrid basis.
_ _ _ _ _ _ _ _ _ _
PACICC is the industry-funded, resolution mechanism for Canada’s Property and Casualty (P&C) insurance industry. PACICC’s mission is to protect eligible policyholders from undue financial loss in the unlikely event that a Member Insurer becomes insolvent. The Corporation works to minimize the costs of insurer insolvencies and seeks to maintain a high level of consumer and business confidence in Canada’s P&C insurance industry through the financial protection it provides to policyholders.