FSRA Non-Auto Property & Casualty Stakeholder Advisory Committee meeting with the Board of Directors
Summary of the meeting of April 30, 2026
25 Sheppard Avenue West (in-person) and MS Teams (virtually)
Stakeholder Advisory Committee members present:
Colin Simpson – Insurance Brokers Association of Ontario
Elliott Silverstein – CAA Club Group
Jessica Kurylowicz – Northbridge Insurance
John Taylor – Ontario Mutual Insurance Association
Katarina Homolova – Insurance Bureau of Canada
Maria Benjamins – Desjardins
Nicole Seymour – Lloyds of London
Regrets:
Enrico Mastrangeli – Commonwell
Farah Zafar – Munich Reinsurance Company
Greg Smith – Crawford & Company (Canada)
Jesse Travis – Intact Financial Corporation
Obaid Rahman – Definity Financial
Susan Williams-Boney – Wawanesa Mutual Insurance Company
Tara Laidman – Co-operators Group Ltd.
FSRA Board members present:
Douglas Turnbull – Chair
Joseph Iannicelli – Board Member
Peggy McCallum – Board Member
Ali Salahuddin – Board Member
Lucie Tadesco – Board Member
Rob Wellstood – Board Member
Steve Geist – Board Member
Lawrence Ritchie – Board Member
Regrets:
Stewart Lyons – Board Member
FSRA Management/ Leadership present:
Dexter John – Chief Executive Officer
Jordan Solway – Executive Vice President, Property & Casualty Insurance
Jeff Kehoe – Executive Vice President, Legal and Enforcement
Meghan Kilty – Chief Public Affairs Officer
Chris Georgakopoulos – Director, P&C Insurance Policy
Danelle Brown – Corporate Secretary & Deputy General Counsel
David Maxwell – Head, Integrated Insurance Supervision
Erica Hiemstra – Head, Insurance Conduct, Property & Casualty Insurance
Jay Harris – Director, Legal for Policy and Rule Making & Deputy General Counsel
Melissa Grover – Senior Manager, P&C Strategy and Reform
Michelle Dodokin – Head, Auto Insurance Supervision
General comments
The Chair highlighted the importance of SAC meetings for helping FSRA understand key issues and to create dialogue between the sector and FSRA’s Board. The Chair thanked SAC members for their work on the Committee.
The CEO thanked SAC members for attending the meeting and for the important conversation and the Executive Vice President, Property & Casualty Insurance provided opening remarks about the formation of the new Property & Casualty Division.
SAC members highlighted issues they are actively monitoring such as pressures in the home construction sector; talent and an aging workforce; data sharing; and consolidation in the market and distribution channels.
The Committee noted that, despite challenges, the P&C sector in Canada/Ontario remains strong and they are grateful that FSRA is aware of multiple compounding pressures facing the sector.
SAC members also highlighted a range of sector risks and mitigations, including climate risks, natural catastrophes, flooding and sewer back-ups, with costs on homeowners continuing to rise; digital claims processes; labour mobility and adjuster licensing. SAC members indicated industry appreciated FSRA’s leadership on CEO undertakings for natural catastrophes – which made a meaningful difference for people in impacted areas. SAC members also indicated they are monitoring the development and pace of technology, as well as managing cyber risk.
SAC members noted that a strong and stable P&C industry depends on multiple critical factors and that the industry’s success depends on its ability to respond quickly and its capacity to handle change.
SAC members and the Board discussed competitive pressures in the industry and how organizations are positioning themselves to remain competitive.
SAC members expressed satisfaction with the industry’s relationship with FSRA and noted that FSRA has an approachable and collaborative team.
The Chair gave closing remarks.