IBC welcomes Tokio Marine Canada Ltd. to its industry association

IBC member companies make up the vast majority of the property and casualty (P&C) insurance market in Canada.

Insurance Bureau of Canada (IBC) is proud to announce that Tokio Marine Canada Ltd. (TMCAN) has joined its membership, which represents the vast majority of P&C insurers in Canada. TMCAN brings a great deal of expertise in the specialty commercial insurance market to the industry association.

"We are proud to welcome our newest member, Tokio Marine Canada, to IBC," said Don Forgeron, President and CEO, IBC. "We admire TMCAN's entrepreneurial spirit and value the rich history of the Tokio Marine family of companies. By joining our association, TMCAN will help IBC strengthen its efforts to help shape public policy and better protect Canadians from risk."

TMCAN is a new Canadian P&C insurer and part of the Japan-based Tokio Marine Group of Companies. They bring diverse product offerings to the Canadian marketplace that are uniquely tailored to meet the complex insurance needs of businesses across Canada.

"TMCAN strives 'to be a good company' – to go above and beyond for its customers and society in their times of need," said Mike George, CEO, Tokio Marine Canada. "As these values align with IBC and the work they do for Canadians, we're proud to join the industry association. We look forward to helping build upon IBC's reputation as a credible, trustworthy voice for the insurance industry."

Canada's P&C insurers who want a fair and competitive insurance market look to IBC to influence positive change. IBC leads the process with a team of GR and policy experts who have the political acuity and data-driven insights to plot the best advocacy path.

Membership in IBC is available to private Canadian P&C insurers and reinsurers. IBC works on behalf of its members to:

  • Create competitive and sustainable auto insurance markets
  • Work with the insurance industry and governments to help shape decisions around and protect the public from natural catastrophes
  • Advance balanced financial, operational, and market conduct regulation
  • Improve road safety and awareness
  • Increase consumer understanding of P&C insurance and related issues.

To learn more about how your organization can take advantage of IBC's value and membership, contact us at memberservices@ibc.ca.

About Tokio Marine Canada Ltd.

Tokio Marine Canada Ltd. is a newly established Canadian domestic property and casualty insurer, led by an experienced team of Canadian entrepreneurs, and supported by the Tokio Marine Group of Companies – an international insurer with a market cap of over CAD50Billion, revenues of over CAD60Billion, with operations in over 40 countries around the world.

TMCAN strives 'to be a good company' and to be there for its customers and society in their time of need. TMCAN believes it can achieve this mission by delivering tailored insurance solutions in both commercial and specialty lines to customers of a select group of retail brokerages. For more information or to learn more about Tokio Marine Canada Ltd., please visit: https://www.tokiomarinecanada.com 


About Insurance Bureau of Canada

Insurance Bureau of Canada is the national industry association representing Canada's private home, auto and business insurers. Its member companies make up the vast majority of the property and casualty (P&C) insurance market in Canada. For more than 50 years, IBC has worked with governments across the country to help make affordable home, auto and business insurance available for all Canadians. IBC supports the vision of consumers and governments trusting, valuing and supporting the private P&C insurance industry. It champions key issues and helps educate consumers on how best to protect their homes, cars, businesses and properties.

For media releases and more information, visit IBC's Media Centre at www.ibc.ca. Follow us on Twitter @InsuranceBureau and like us on Facebook. If you have a question about home, auto or business insurance, contact IBC's Consumer Information Centre at 1-844-2ask-IBC.