The Insurance Bureau of Canada (IBC) has announced the appointment of two new directors to its board: Saad Mered, CEO of Zurich Canada, and London Bradley, president and CEO of Allstate Insurance Company of Canada.
The addition of Mered and Bradley was welcomed by Heather Masterson, chair of the IBC board and president and CEO of Travelers Canada.
In a statement announcing the appointments, Masterson lauded the two for their experience and tenure in the insurance industry, stating that their contributions will strengthen IBC’s “efforts to shape a public policy environment that better protects Canadians from risk.”
“The collective expertise and vision of IBC’s board of directors enables the P&C insurance industry to speak with a unified voice about the issues that matter most to Canadians,” she added.
Mered has over 29 years of experience in the insurance industry. He joined Zurich in 2008 and has been CEO for Canada since 2018. He was previously the regional CEO in the Middle East and Africa and the group chief claims officer. He also spent time with AIG at the beginning of his career, holding various underwriting leadership and general management roles in the US, Europe and Egypt.
Commenting on his new role with IBC, Mered expressed his commitment to tackling the complex challenges facing the insurance industry.
“I'm looking forward to working with the motivated team at IBC and with industry partners to help build resilience to better protect Canadian communities and contribute to solving the large societal issues we are all facing,” Mered said.
Bradley, meanwhile, has been with the Allstate Corporation since 1998. Throughout his tenure, he held sales leadership roles of increasing responsibility, including field senior vice president for the Southeast region. Prior to being named president and CEO of Allstate Canada in 2022, he leveraged his sales experience to help lead the US East Zone Region to strong results.
Regarding his appointment, Bradley spoke of his dedication to collaborating with IBC members to “help protect Canadians and prioritize much-needed solutions to pressing industry issues.”
“We are operating in an incredibly complex environment that is changing at speeds we haven't seen before,” he said. “I look forward to engaging our industry stakeholders to drive change that will benefit our consumers and businesses across the country.”
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