2007 Conference

We are delighted with the turnout at our inaugural conference held in Montreal from September 30th to Oct 2, 2007. With the help of our 2007 Senior Advisory Committee we lined up a quality business program with dynamic sessions featuring distinguished Canadian and international speakers.

Some 330 delegates comprised of senior industry executives from insurers, reinsurers, intermediaries and regulators participated in engaging sessions and rewarding networking events over the three days.

Browse the NICC 2007 agenda (click on speaker names to see their bios) or download the brochure here (pdf).

For selected videos from the Conference please click here.

View selected photos from the 2007 Conference (courtesy of Canadian Underwriter Magazine).


Registration (4:00 pm - 6:00pm)
6:00 pm - 8:00 pm Cocktail Reception sponsored by Swiss Re 

Full American Breakfast sponsored by Tritech Financial Systems

Provincial Regulatory Panel

Moderated by Lawrie Savage, President Lawrie Savage & Associates Inc


This 90-minute panel provided delegates with the opportunity to hear from and interact with four superintendents representing regulatory perspectives from across Canada. Q&A will follow.

Refreshment Break sponsored by Gen Re

OSFI Presentation  [Video Available]

Julie Dickson, Federal Superintendent of Financial Institutions

Lunch and presentation sponsored by the IBC 

Insurance Technology: Standing Still is not an Option

David W. Kerr, Partner, IBM Global Business Services, Financial Services Sector

The Canadian and global insurance industry faces fundamental change in the short and long term. This drives the need for innovation and new approaches to business problems. It also creates opportunities and challenges for technology planning and solutions. The good news – new technology solutions and delivery approaches are available.

Refreshment Break sponsored by Aon Re 

Concurrent Sessions:

Enterprise Risk Management From an Insurer’s Perspective

  • Abbe Bensimon, Vice-President & Senior Consultant, General Re Capital Consultants
  • Tim J. Leech, Director, Corporate Trust Services, Navigant Consulting

Enterprise Risk Management (ERM) is the first step in a capital preservation process that involves the identification and quantification of risk from all sources including underwriting, investments, operational and reputation. ERM metrics are being used to enhance strategic business decisions involving reinsurance strategy, business growth targets, investment allocations and new products/markets. Boards of Directors endorse ERM from a corporate governance perspective, while rating agencies and regulatory authorities are requiring ERM since it typifies astute management. This session will examine insurer approaches to managing operational risk, financial risk and capital in today's environment. Q&A will follow.

Brokers – Critical Issues Panel

Moderated by Justin MacGregor, Executive Vice-President, Martin, Merry & Reid Ltd.


  • Brenda Rose, Vice-President, Firstbrook, Cassie & Anderson Ltd. and Immediate Past President of the Toronto Insurance Conference
  • Barry Lorenzetti, President, BFL Canada
  • Doug Guedes, Seafirst Insurance Brokers, Chair of IBABC
  • Chris Fawcus, President and CEO, Aon Reed Stenhouse Inc.

This outspoken panel will debate the future of broking in Canada in the face of the direct and multi-channel assault. Brokers will learn how they can best position themselves in light of new regulations, market conditions and advances in technology. Panelists will also discuss the different compensation models – fee-based vs. commissions, as well as what is and isn’t working in the current industry environment. Audience participation will be encouraged.

Cocktail Reception sponsored by Standard & Poor’s
Gala Dinner sponsored by Guy Carpenter
Dinner Wine sponsored by PricewaterhouseCoopers
Entertainment provided by The Fundamentals 
Full American Breakfast sponsored by Tritech Financial Systems 

Risk Modelling in a Canadian Context [Video Available]

Moderated by Gregg Hanson


In this 90-minute session, expert panelists debated the strengths, weaknesses and application of catastrophe modelling in Canada. Speakers will elaborate on how management, boards, reinsurers, rating agencies and regulators should interpret the complex outputs that models often generate in this volatile field. 

Where's the Action in Class Actions?  [Video Available]

Moderated by Randy Bundus, VP and General Counsel, IBC


Class actions against insurers and policyholders – where are they coming from and what can be done to defend against them? The speakers will come at this from diametrically opposed positions. Won Kim is a tenacious attorney involved in several high-profile class-actions against industry and government (Won was on the plaintiff's side in the 'salvage case'). John Campion is a highly renowned attorney who has, among other things, defended against these actions (John was on the opposing side of the same 'salvage case'). Won will describe how class actions shops operate and think. John will advise how insurers can better defend themselves. Sparks will fly. This session alone will be worth the price of admission. 

Refreshment Break sponsored by BMO Capital Markets 

Concurrent Sessions:

Actuarial Panel: Auto Rate and Reserve Adequacy

Moderated by Alain Thibault, President and CEO, TD Meloche Monnex Inc.


This panel of experienced actuaries will debate auto reform experience across Canada and discuss whether prevailing pricing and reserving philosophies are commensurate with coverage and claims trends.

Where is Executive Risk Insurance Going?


Director, Officer and Professional Liability & Protection – What coverage is needed and what can you get? In this post-Enron world, directors, officers and professionals such as accountants and lawyers are facing unprecedented liability exposures. The landscape for Executive Risks coverages has changed as a result of the proliferation of class actions, mega-settlements, aggressive institutional investors as plaintiffs, high profile bankruptcies, major financial scandals, and chaos in the pension system. This experienced panel will discuss what coverages are needed under these sophisticated policies, and what the insurance market is willing and able to provide. 

Lunch sponsored by the CIP Society
Luncheon speaker:  Frank McKenna, Deputy Chairman TD Bank Financial Group

The Global View from Standard & Poor’s

Mark Puccia, Managing Director and Global Chief Quality Officer of Insurance Ratings, S&P

Mark Puccia will provide S&P's views of financial and rating trends affecting P&C insurers and reinsurers in Canada, the U.S., Europe, and Bermuda going into 2008. He will also address the burgeoning risk securitization environment. 

Häagen-Dazs Ice-Cream® and Refreshment Break sponsored by Aon Re 

Closing Session

Patrick G. Ryan, Executive Chairman, Aon Corp.

Conference Wrap Up

Joel Baker, NICC President and CEO

Conference concludes 4:30PM