TORONTO, July 5, 2017 /CNW/ - Insurance Bureau of Canada (IBC) congratulates the City of Toronto for its ongoing commitment to emergency preparedness with the recent establishment of a Chief Resilience Officer (CRO) for the city.
"On behalf of Canada's property and casualty insurers, IBC congratulates Mayor Tory and the City of Toronto for taking a responsible step in support of all residents of the City," said Kim Donaldson, Vice-President, Ontario, IBC. "Having a Chief Resilience Officer sends a powerful message. This will allow the City to grow and thrive in a safe and responsible way while recognizing and adapting to the effects of climate change."
Mayor John Tory announced that CRO position will be filled by Elliott Cappell, an internationally-renowned expert on climate change strategy and resiliency principles. This is part of the City's partnership with the group 100 Resilient Cities. The CRO will report to the City Manager and will oversee city-wide resilience-building efforts to help Toronto prepare for events such as natural catastrophes and severe weather. Mr. Cappell will also be responsible for the development and implementation of a resilience strategy for the City.
"Natural catastrophes and severe weather events are occurring with greater frequency and stronger intensity," added Donaldson. "Canadian municipalities must do more to be prepared for when disasters strike. The City of Toronto is leading the way and is setting an example for other cities in Canada to follow. We know that insurance itself is not sufficient; federal and provincial governments can coordinate on a 'whole of society' approach to reduce risk for all Canadians."
About Insurance Bureau of Canada
Insurance Bureau of Canada (IBC) is the national industry association representing Canada's private home, auto and business insurers. Its member companies make up 90% of the property and casualty (P&C) insurance market in Canada. For more than 50 years, IBC has worked with governments across the country to help make affordable home, auto and business insurance available for all Canadians. IBC supports the vision of consumers and governments trusting, valuing and supporting the private P&C insurance industry. It champions key issues and helps educate consumers on how best to protect their homes, cars, businesses and properties.
P&C insurance touches the lives of nearly every Canadian and plays a critical role in keeping businesses safe and the Canadian economy strong. It employs more than 120,000 Canadians, pays $9 billion in taxes and has a total premium base of $49 billion.
For media releases and more information, visit IBC's Media Centre at www.ibc.ca. Follow IBC on Twitter @InsuranceBureau or like us on Facebook. If you have a question about home, auto or business insurance, contact IBC's Consumer Information Centre at 1-844-2ask-IBC.
SOURCE Insurance Bureau of Canada
For further information: For more information, or to set up an interview with an IBC spokesperson, please contact: Andrew McGrath, Manager, Media Relations, 416-362-2031 ext. 4312, firstname.lastname@example.org