Markham, ON (Mar. 22, 2016) – Effective January 11, 2016, Ryan Michel was appointed to the position of president and CEO of Allstate Insurance Company of Canada and subsidiary companies. Mr. Michel succeeds outgoing president and CEO John O’Donnell, who has taken on a new role as a senior vice president, with Allstate Insurance Corporation in the U.S. In his new role, Mr. Michel has reporting responsibility for the Allstate Corporation’s entities in Canada, which include the Allstate Insurance Company of Canada, Pembridge Insurance Company, Pafco Insurance Company and Ivantage Insurance Brokers.
Mr. Michel, originally joined Allstate Corporation in 1996 as an actuarial analyst. He has since assumed positions of progressive responsibility within the Corporation, focused primarily on product development, risk management and regulatory affairs. He moved to Allstate Canada’s leadership team in 2011 when he was appointed vice president and chief risk officer, enterprise risk management. In March 2014, Mr. Michel was promoted to senior vice president and chief risk officer and appointed an officer and vice president of the Allstate Insurance Corporation.
This latest step in assuming leadership of Allstate’s Canadian operations will enable Mr. Michel to continue to further the company’s track record of success and profitability in a challenging environment.
Mr. Michel brings an extensive knowledge of the marketplace to his new role, as well as the ability to drive results through strong relationships and integration, transparent communication and agility in leading through change. Mr. Michel has a bachelor’s degree in mathematics and in business and economics from Wheaton College and an MBA from the Booth School of Business at the University of Chicago. He’s also a Fellow of the Casualty Actuarial Society and a member of the American Academy of Actuaries.
Mr. Michel is uniquely qualified to oversee the Canadian companies, providing continuity in leadership for the business and the organizations 2000 plus employees and agents. He will report to Tom Clarkson, ?president West Territory at Allstate Insurance Corporation and the Allstate Canada Board of Directors.
About Allstate Insurance Company of Canada
Allstate Insurance Company of Canada is one of the country’s leading producers and distributors of home and auto insurance products, serving Canadians since 1953. The company strives to keep its customers in “Good Hands®” as well as its employees, and has been listed as a Best Employer in Canada for four years in a row — achieving platinum status in 2016. Allstate Canadian companies are committed to making a positive difference in the communities in which they operate and have partnered with organizations such as Mothers Against Drunk Driving (MADD Canada), United Way, and Junior Achievement. To learn more about Allstate Canada, visit www.allstate.ca. For home, auto and everyday life safety tips and advice, visit goodhandsadvice.ca.
Source: Allstate Insurance Company of Canada