TORONTO, Feb. 20 /CNW/ - Kathleen A. Waters will become President and
Chief Executive Officers of the Lawyers' Professional Indemnity Company
(LAWPRO) and a member of its Board effective March 31, 2008, the LAWPRO Board
of Directors announced today.
Ms. Waters is currently Vice-President of LAWPRO's TitlePLUS program and
LawPRO's Chief Privacy Officer. She succeeds retiring President & CEO Michelle
L.M. Strom who said of her successor, "Kathleen's legal background and links
to the legal community, her strong leadership and inter-personal skills,
coupled with her experience in managing all aspects of our TitlePLUS business
make her the ideal candidate to lead this organization. I speak on behalf of
the entire LAWPRO organization when I say that we are extremely pleased that
our Board has selected Ms. Waters to lead this organization into the future."
A former partner at the Toronto law firm of Torkin Manes Cohen Arbus LLP,
Ms. Waters joined LAWPRO in 1995 with a mandate to develop and build a
lawyer-centric title insurance option and related technology tools for
Ontario's real estate bar. Under her guidance, the TitlePLUS program has grown
into one of Canada's four largest and most "high-tech" title insurers. Ms.
Waters also was instrumental in securing membership for LAWPRO in NABRTI
(North American Bar-related Title Insurers); LAWPRO still is the first and
only Canadian title insurer admitted to that organization, and Ms. Waters now
serves as NABRTI's Secretary-Treasurer. As a member of LAWPRO's senior
management team, she has also contributed to building LAWPRO into a
progressive, customer-focused, and financially sound insurance company. She
maintains strong links to the practising bar through her ongoing participation
on the Executive of the Real Property Section of the Ontario Bar Association,
the Working Group on Lawyers and Real Estate and the Joint Committee for
Electronic Registration. As well, she is co-chair of the Real Estate Fraud
Committee, a multi-stakeholder committee comprising representatives from the
insurance, government, and financial sectors.
Speaking on behalf of the Board, Ian Croft, Chair of the LAWPRO Board of
Directors, said, "We are extremely pleased that Kathleen has accepted the
position as President and CEO of LAWPRO; she brings to this position both
continuity and a fresh new perspective -- exactly what the Board had been
looking for in our search for a successor to Michelle.
"We also take this opportunity to thank Michelle for her leadership over
the past seven years, and wish her all the best as she pursues retirement and
Ms. Waters graduated from the University of Toronto, Faculty of Law
(LL.B.) in 1985 and was called to the bar in 1987. She received her LL.M. in
real estate law from Osgoode Hall Law School in 2001. In her law practice, she
gained extensive practice experience in real estate law, related
administrative law (including rent control, municipal and environmental law),
and the repair and/or defence of negligence claims against lawyers.
Lawyers' Professional Indemnity Company (LAWPRO) is owned by the Law
Society of Upper Canada and licensed to provide professional liability
insurance and title insurance in numerous jurisdictions across Canada.
Through its malpractice insurance program, LAWPRO insures more than
21,600 practising lawyers in Ontario, as well as providing them with risk and
practice management programs to assist them in their law practices.
LawPRO's TitlePLUS program is being used by more than 4,000 lawyers
across Canada to better meet their clients' needs for professional legal
advice and superior protection for their real estate transactions. In 2007,
the TitlePLUS program celebrated its 10th anniversary.
For further information:
For further information: Michelle Strom, President & CEO,
firstname.lastname@example.org, (416) 598-5802