Insurance Brokers Association of Canada Appoints New CEO

Toronto, ON (Feb. 13, 2017) – Insurance Brokers Association of Canada (IBAC) Chairperson, Lorne Perry, is pleased to announce the appointment of the association’s new CEO, Mr. Peter Braid, effective February 27, 2017. Braid is a well-known and highly respected former Member of Parliament with an extensive track record of policy making, consensus-building and work in the insurance sector.

Peter Braid, CEO, Insurance Brokers Association of Canada (IBAC)

Most recently, Braid served in a global leadership capacity with a Waterloo high tech firm. Previously, Braid served for 7 years as the Federal Member of Parliament for the riding of Kitchener-Waterloo. During his time in public service Braid was appointed by the Prime Minister as the Parliamentary Secretary for Infrastructure & Communities. Significantly, Braid was the founding Chair of the Insurance Caucus on Parliament Hill, which provided important stakeholders in the insurance sector with the opportunity to speak directly with legislators to help shape public policy.

It is also notable that Braid represented Canada abroad, travelling with the Governor General and the Prime Minister on state visits to enhance Canada’s image and on trade missions to strengthen business ties and trade opportunities. In the insurance sector, Braid worked for six years at the director level with Sun Life Financial.

Braid has a deep understanding of the association and non-profit sector having forged strong partnerships with the corporate, academic and not-for-profit sectors to advocate for their interests. As well, he has past experience serving as vice chair of an international parliamentary association.

Braid holds a Bachelor of Arts from the University of Toronto and completed the Not-for-Profit Governance Essentials Program offered by Institute of Corporate Directors and the Rotman School of Management.

“Peter Braid brings to IBAC and the broker community not only the professional expertise and background in key policy areas important to brokers, but more importantly, he is very well known and very well-regarded as a consensus builder and team leader,” stated Lorne Perry.

About IBAC

Representing over 35,000 insurance brokers across Canada, the Insurance Brokers Association of Canada (IBAC) is the national voice of P&C (Property and Casualty) insurance brokers and an advocate for insurance consumers. IBAC represents the interests of both insurance brokers and their customers to the Government of Canada.

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Source: Insurance Brokers Association of Canada (IBAC)