Financial Information IBC provides data collection services for GISA and sets standards for the submission of financial information. “Financial information (FI)” exhibits enable better understanding of the automobile insurance industry’s financial performance.What is GISA?The General Insurance Statistical Agency (GISA) is a federally incorporated, not-for-profit corporation. Regulators, industry representatives make up GISA’s 14-member board of directors.Since 2006, GISA has been overseeing mandated statistical information for all participating jurisdictions. As a statistical agent, GISA promotes:Timely statistical data collection, analyses and reporting Quality and value of statistical data generated by licensed insurersA coordinated approach to data filing requirements for insurers by acting on behalf of participating insurance regulatorsWhat a reporting insurance company must submitGISA’s Financial Information (FI) program outlines all of the data elements that reporting insurance companies need to submit. IBC’s FI Submission Requirements provide additional details about how the data is to be submitted.Your FI CoordinatorEach reporting company must assign one FI coordinator to be responsible for communications, data submissions and data quality verifications. Insurance companies can select the same coordinator to submit their data via IBC. Companies must provide GISA with information about their FI coordinator, including the coordinator’s:Full name and titlePostal and email addressesPhone number Company ID(s) – as defined under GISA’s Automobile Statistical Plan (ASP)Implementation of Collection of Financial Information - FI ULAE Submission RequirementsFinancial Information Main Collection - March 2014 Related ServicesAuto ExhibitsWith very few exceptions, Canadian auto insurers report statistics to GISA. Each year GISA uses these statistics to produce “auto exhibits,” documents that provincial governments and the insurance industry use to estimate future costs, claim trends and more. Commercial LiabilityIBC’s data quality analysts advise insurance companies on reporting requirements for the Commercial Liability Statistical Plan. FSRA mandates annual commercial liability reports from Ontario insurers. Health Claims DatabaseIBC collects and publishes Ontario auto insurance health claims data for statistical purposes. Stakeholders – governments, regulators, health care associations and insurers – consult on reporting standards. Useful LinksData Management (DM)IBC’s Data Management team helps auto and business insurance companies ensure that their submitted data meets all quality standards.Contact Data ManagementData Management Analysts and Senior Customer Data Analysts are the frontline support for any data submission, error correction or data issues. Vision and MandateConsumers and governments trust, value and support the private property and casualty insurance industry, and its products and services. General Insurance Statistics Agency (GISA)The GENERAL INSURANCE STATISTICAL AGENCY was incorporated on June 28, 2005 as an independent legal entity under the Canada Corporations Act - Part II to carry out the activities of a statistical agent on behalf of all participating Canadian jurisdictions.GISA Catalogue of Statistical ExhibitsThis catalogue outlines GISA’s product information. The Catalogue Information Guide contains frequently asked questions and answers. A Glossary of Terms for statistical plan data is also provided to help those users who may not be familiar with insurance industry terminology.