About IBC
Established
in 1964, Insurance Bureau of Canada is the national industry
association representing Canada’s private home, car and business
insurers. Our member companies represent nearly 95% of the property
and casualty insurance market in Canada, an industry that employs
over 104,000 Canadians, pays more than $6 billion in
taxes to the federal and provincial governments and has a total
premium base of $35 billion, approximately half of which is derived
from automobile insurance.
IBC’s role is to be active on behalf of its members. IBC does
this by:
- forecasting and responding to issues that may arise
in the industry
- anticipating opportunities to identify, shape and
influence change in support of members’ business needs
- lobbying the federal and provincial governments to
secure changes in public policy and in the business-operating environment
that will benefit insurance companies and their customers
IBC works on a number of fronts to increase public understanding of
home, car and business insurance. Public understanding is also fostered
through IBC’s five regional consumer
centres, where trained personnel with many years of industry and government
relations experience answer tens of thousands of consumer inquiries each
year.
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