Global Commercial Insurers’ Association (GCIA) announces the appointment of a new Chair and Vice Chair.

Toronto, ON, May 5, 2023 – The Directors of the Global Commercial Insurers Association (GCIA) are pleased to announce the appointment of Bernard McNulty as Chair. Mr. McNulty, Chief Agent Canada, Allianz Global Risks Insurance Company, was elected as Chair, succeeding Mr. Adrian Hall, CEO Canada & Chief Agent, Swiss Re Corporate Solutions America Insurance Corporation – Canadian Branch. Elected as Vice Chair is Rob Marsh, President/Chief Agent, Liberty Mutual Canada.

The Association, whose members represent a significant ratio of commercial insurance premiums in Canada, is a leading voice for global commercial insurance companies operating in Canada. The Directors on the Board of the GCIA and Company members are:

• AIG Insurance Company of Canada (Pete Walker, CEO and President)
• Allianz Global Risks US insurance Company Canada Branch (Bernard McNulty, Chief Agent Canada)
• FM Global (Dave Thompson, Chief Agent and Country Manager for Canada)
• HDI Global Specialty SE – Canada (Derek Spafford, General Manager & Chief Agent)
• Liberty Mutual Canada (Rob Marsh, President/Chief Agent)
• Lloyd’s Canada Inc. (Marc Lipman, President)
• Swiss Re Corporate Solutions America Insurance Corporation – Canadian Branch (Adrian Hall, CEO Canada & Chief Agent)
• AXA XL Specialty Insurance Company (TBC)
• Zurich Insurance Company Ltd. (Saad Mered, CEO and Chief Agent)

Formed in 2016, GCIA is an association where foreign-owned commercial insurance carriers are informed on current regulatory developments and advocate on issues relevant to the commercial insurance industry in Canada. Recently, GCIA has been involved in major consultations in response to various Office of the Superintendent of Financial Institutions (OSFI) initiatives including:

1. Guideline B-2: Property and casualty large insurance exposures and investment concentration;
2. OSFI Discussion Paper: Navigating Uncertainty in Climate Change: Promoting Preparedness and Resilience to Climate-Related Risks; and
3. Assurance on Capital, Leverage and Liquidity Returns – Federally Regulated Insurers and Deposit-Taking Institutions

The GCIA’s work complements the efforts of other insurance industry associations in order to benefit the property/casualty insurance industry and ultimately our clients.

For more information contact:
John Chagnon
General Manager
[email protected]
www.gciassociation.ca