Intact Financial has appointed Benoit Morissette as chief risk and actuarial officer, effective July 10, 2020.
Morissette succeeds Martin Beaulieu, Intact Financial senior vice-president and chief risk officer, who retires on July 31, 2020.
“Martin Beaulieu has been a key member of the Intact team for 32 years. He has played a critical role in helping us grow Intact into the leader in the Canadian property and casualty insurance market,” said Intact Financial CEO Charles Brindamour.
Brindamour also commented that Morissette is “well suited” to take on the newly combined role of chief risk and actuarial officer.
“Benoit is a key member of the executive committee and has helped us to achieve best in class actuarial, risk management, audit, governance, and compliance practices,” the CEO added.
Morissette joined Intact in 2001 as vice-president, actuarial. He has since served in a number of roles, including deputy senior vice-president of pricing and underwriting for the direct to consumer distribution channel, senior vice-president and chief internal auditor, as well as chief risk officer. In 2018, he was named group chief actuary.
Following Morissette’s appointment as chief risk and actuarial officer, Intact Financial vice-president of corporate actuarial Mariane Takahashi will take on the additional role of appointed actuary for the company’s Canadian entities.