On The Move (February 01, 2000)

Queensway Financial Holdings Limited has announced the appointment of Glenn Gibson as chief financial officer of Queensway replacing Cathy Wilson. Gibson brings more than 17 years of financial management to his new role.

Chubb & Son vice president John Owens, has been named the North American field marketing manager at the Chubb Group of Insurance Companies. Owens joined Chubb in 1984 and has held various positions in its personal lines division before becoming Charlotte office branch manager in 1996.

Optimum General has announced Jean-Claude Page has been named president replacing Yvon Trepanier. Page is president of parent company Optimum Group and will retain both positions.

The Office of the Superintendent of Financial Institutions has appointed Julie Dickson to the position of assistant superintendent, regulation. She replaces John Thompson who retired in December.

Pembridge Insurance Company has announced Bob Tisdale, previously vice president, sales for the company, has been promoted to the position of president and chief operating officer and vice president of Allstate Insurance Company of Canada. He replaces outgoing Pembridge president Doug McIntyre.

The Property and Casualty Insurance Compensation Corporation has launched an Internet website (paccic.com) explaining the layer of protection which PACICC affords p&c insurance policyholders and claimants. Behind the scenes, the website is also equipped to provide specific instructions for consumers in the unlikely event of an insurance company’s failure. The website is a no frills offering, concedes PACCIC president Alex Kennedy. “The site is unlikely to top Internet popularity polls. Indeed, the website is largely a precautionary measure, a matter of good governance by the p&c insurance industry. It enables consumers to access information as to the process to be followed in the event of the failure of a property and casualty insurer.”

With the launch of its home and auto insurance product in New Brunswick, RBC Insurance has become the first Canadian bank-owned insurance company to bring individual home and auto products to customers nation-wide. The insurance products is marketed by phone, with government regulation barring banks from retailing insurance from their branches. “We have worked hard to roll out our home and auto insurance products across Canada in 17 months,” says Jim Westlake, president of RBC Insurance. “We are focusing on building a leading direct insurance company for Canadians.”

Employers Reinsurance Corp. has announced its parent company, General Electric, was named the world’s most respected company for the second straight year in a worldwide survey of chief executives. The survey was conducted for the London-based Financial Times. GE chief executive officer Jack Welch was selected as the world’s most respected business leader in the survey. Pricewaterhouse Coopers conducted the survey of 754 chief executives from 75 countries. cu