Economical appoints Dan Fortin to board of directors
01 Oct, 2014, 14:02 ET
Seasoned executive brings more than 35 years of experience
WATERLOO, ON, Oct. 1, 2014 /CNW/ - Economical Insurance, one of Canada's leading property and casualty insurers, today announced the appointment of Dan Fortin, immediate past president of IBM Canada Ltd., to its board of directors.
"We look forward to benefiting from Dan's collaborative leadership and innovative thinking to support Economical's profitable growth and competitive advantage," said board chair Gerald Hooper. "Dan's appointment further strengthens our board as part of our ongoing renewal process."
He fills a vacancy left by Dr. A. Scott Carson who stepped down earlier this year from the Economical board after 14 years of service to focus on his academic and administrative responsibilities at Queen's University.
Dan retired as president of IBM Canada in July. With more than 35 years of experience, he led IBM staff working with businesses across Canada.
He began his IBM career in Ottawa and held a number of North American and Global roles including GM of IBM's global distribution sector responsible for clients worldwide.
Dan is also active on a number of non-profit boards and associations, including the Conference Board of Canada and World Vision Canada, where he served as chair of its board of directors. He is also the 2014 Campaign Chair for the United Way Toronto.
A native of Quebec, Dan is fluent in both English and French. He graduated in 1978 with a Bachelor of Civil Engineering degree from Carleton University in Ottawa, and received an honorary doctorate from his alma mater in June 2009.
About Economical Insurance
Founded in 1871, Economical Insurance is one of Canada's leading property and casualty insurers, with approximately $1.9 billion in annualized premium volume and $5.1 billion in assets as at June 30, 2014. Based in Waterloo, this Canadian-owned and operated company services the insurance needs of more than one million customers across the country. In 2010, Economical announced its decision to become the first federally-regulated mutual property and casualty insurance company to pursue demutualization. Economical Insurance conducts business under the following brands: Economical Insurance, Economical, Western General, Economical Select, Perth Insurance, Family Insurance Solutions, Federation Insurance and Economical Financial.
SOURCE: Economical Insurance
For further information: Doug Maybee, Economical Insurance, (T) 519.570.8249, (C) 519.404.0989, [email protected]
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