Cat Tales September/October 2016

e-newsletter of the Institute for Catastrophic Loss Reduction Volume 10, Issue 5 September/October 2016

ICLR’s fall board meeting Kathy Bardswick retires as Board Chair, new five-year plan approved By Glenn McGillivray, Managing Director, ICLR Inside this issue ICLR’s fall board meeting

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Skin in the game

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Three 1-in-1,000 year floods in 2016

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Workshop on Halton’s 6 basement flood mitigation program

ICLR Board of Directors Barbara Bellissimo (Chair) Desjardins Robert Andersen Western Charmaine Dean Western Joseph El-Sayegh SCOR Louis Gagnon Intact Andy Hrymak Western Paul Kovacs ICLR Sean Murphy Lloyd’s Canada Johnathan Turner Swiss Re Philipp Wassenberg Munich Re Canada

The Institute for Catastrophic Loss Reduction’s fall board meeting held October 18 at Western University in London, Ontario marked Kathy Bardswick’s last as Board Chair. The Co-operators announced in February of this year her intention to retire as President and CEO at the end of 2016 after 14 years in the role. She has been a board member of ICLR since 2004 and took over from Toa Re’s David Wilmot as Board Chair at the Institute’s AGM in May 2007. Kathy has held progressively senior roles within The Co-operators group of companies, culminating with her appointment as President and Chief Executive Officer of The Cooperators Group Limited on March 1, 2002. From 1998 to 2002, she served as Chief Operating Officer of two subsidiaries, The Sovereign General and L’Union Canadienne. Under her leadership, The Co-operators has been recognized with a number of honours, including being listed among Aon Hewitt’s 50 Best Employers in Canada; Corporate Knights’ Best 50 Corporate Citizens in Canada; the Top 50 Socially Responsible Corporations by Maclean’s and Sustainalytics; and in 2013 was ranked #1 on Corporate Knights’ Most Sustainable Co-operatives in the World list. Kathy was named one of the 2014 Top 25 Women of

Influence by Women of Influence Inc. She is a member of the board of the International Cooperative Alliance, is past Chair of the International Co-operative and Mutual Insurance Federation and currently serves as a member of its executive. In addition, Kathy is a board member of the Canadian Co-operative Investment Fund. She is a steering committee member of the International Insurance Development Forum, a founding member of the Council for Clean Capitalism, and a member of the United Nations Inquiry into the Design of a Sustainable Financial System. ►

Kathy Bardswick has retired as Board Chair of ICLR. She will retire as President and CEO of The Co-operators at the end of 2016 after 14 years in the role.