FSRA announces leadership transition

The Financial Services Regulatory Authority of Ontario (FSRA) is pleased to announce that Glen Padassery has agreed to lead the Auto/Insurance Products (AIP) team at FSRA, as EVP Auto/Insurance Products, through the important work to develop and commence implementation of our Auto Rating and Underwriting Reform Strategy.  Glen became Acting EVP AIP as part of recent organizational changes at FSRA. 

This interim structure reflects the important linkages of AIP, and this new strategy, to ongoing policy work at the Ministry of Finance and FSRA, such as the new fraud reporting service. Accordingly, Glen will continue as EVP, Policy while leading AIP through this transition. 

We anticipate a review of the appropriate structure, design and leadership of Auto Insurance/Products further into this transition. 

If you have any questions about our ongoing auto insurance work or future priorities, please do not hesitate to reach out to Glen or to any member of his auto insurance leadership team. 

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FSRA continues to work on behalf of all stakeholders, including consumers, to promote financial safety, fairness, and choice for everyone.

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