The Insurance Brokers Association of Ontario today announced it has elected its 71st President, and he is vowing to get brokers ready for tomorrow, today.
Chris Floyd, CIP, will formally assume his duties on January 1, 2014, having been officially inducted at the recent IBAO convention in Toronto, Ont.
“Chris is well respected and admired in the industry for his hands on, results focused approach to leadership,” said IBAO CEO Randy Carroll. “We are honoured to have Chris take on this very important role as President of our association and we know he will lead our group of brokers with vigour.”
Currently serving as President of Individual Insurance for the Ontario Teachers Insurance Plan and its group of companies, Floyd is directly responsible for the marketing, business development and management of operations and results for the sales, service and underwriting business efforts of the group.
“It is humbling to take on this role,” said Floyd. “This is a challenging time for our brokers, our industry and IBAO. I am excited to work with brokers, insurers, and government to continue to move forward and make the broker channel the channel of choice for consumers. As I said during my induction speech, the job is to make sure that all brokers are ready to adopt the tools they need today in order to be successful for tomorrow. My goal is to help brokers understand the need to get ready for tomorrow today.” (continued.)
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Floyd got his start as a claims adjuster at Gore Mutual Insurance in 1986, later joining OTIP in 1994 as a service manager. He then advanced to the role of vice president soon after and took on his current role as president in 2004.
Floyd is a Chartered Insurance Professional (CIP) and a graduate of the Institute of Corporate Directors Program from the University of Toronto’s Rotman School of Management. In addition to his work with IBAO, Floyd also sits on the Board of Directors of the Insurance Brokers Association of Canada (IBAC). He also volunteers his time as a coach at the representative level with both Kitchener Minor Hockey and Waterloo Minor Hockey.
