Women Leaders in Insurance | Elite Women 2023

Women Leaders in Insurance | Elite Women 2023

Inspirational changemakers in the insurance industry

Insurance Business Canada recognizes 2023’s Elite Women as leaders, fostering meaningful change in the industry and setting an example for other aspiring female insurance leaders. Their professional accomplishments, industry contributions and eagerness to push against the status quo impressed an esteemed panel of judges, who ultimately selected 55 remarkable award recipients across Canada.

One of the panel, Rupinder Hayer, Armour Insurance Brokers’ president, noted that 2023’s Elite Women are breaking established barriers while empowering others.

“The women on the list were fighting the odds in some form and doing very well,” Hayer says. “I also looked beyond insurance. I wanted to know what else they’ve done, whether philanthropy, involvement in the community, or on boards, and how they are helping other people get into this industry.”

Fellow judge Ingrid Wilson, a senior human resources executive who also serves as the director of the Canadian Association of Black Insurance Professionals, says, “What stood out about the winners was their sponsorship initiatives in the industry and creating pathways for others.”

 

Melissa Bajwa

“We need to empower and lift each other up”

Melissa BajwaPROLINK

 

Courage drives the career growth of women insurance leaders

Christine Wilson learned from her breast cancer journey to make an impact on how insurance professionals discuss living benefits with clients. The assistant vice president of insurance inside sales at Canada Life was diagnosed when she was five months pregnant. As a financial adviser at the time, she initially resisted critical illness and disability insurance, but two years after purchasing the policies, she found herself drawing upon the benefits and becoming a staunch advocate of the coverage.

She shares that personal knowledge industry-wide on conference stages, inspiring colleagues globally on how to have those all-important client discussions that many shy away from.

“It’s helped my team in their business because they’re able to share a real-life story with clients rather than statistics,” Wilson says. “It’s interesting how my career has gone from talking about my story as a client and making a claim, to being an adviser that sold those policies, and now working for a carrier that offers them.”

Wilson’s accomplishments include:


being selected to speak at the 2021 Million Dollar Round Table (MDRT) global conference in Singapore to share her story on critical conversations  

 



establishing Canada Life Comrades, a program pairing team members nationwide to share best practices, build engagement and drive workplace satisfaction 

 



providing instrumental leadership in the company’s Asian market distribution strategy and advocating for Chinese-speaking advisers and clients  


 

Top female insurance leaders pave the way

for the next generation

Putting a pause on her post-secondary education was a blessing in disguise for Christa O’Neil, chief operating officer at McFarlan Rowlands Insurance Brokers. Instead of returning to study kinesiology more than a decade ago, she acquired her broker’s license at a brokerage in her hometown of London, ON.

See also  Cerchia platform transacts first cyber ILW using PCS Global Cyber trigger

“Missing the university degree has been a motivator for me throughout my career,” says O’Neil, who has completed the CAIB and CIP and is pursuing her ACIP designation.

O’Neil’s notable accomplishments include:


winning the Insurance Brokers Association of Ontario’s (IBAO) Brokerage of the Year award in 2022  

 



being director of the Insurance Institute of Ontario’s Southwestern chapter, planning symposiums, moderating webinars and hosting events  

 



being the former operations director of commercial lines, leading innovative projects such as the BrokerLift platform and completing three successful brokerage acquisition integrations 

 



leading the brokerage’s creation of a hybrid work model 

 



participating in the RIBO L1 competency profile review as a broker panel member  


 

The working parent knows how vital a flexible workplace is to providing equitable opportunities for women leaders in insurance.

“It is our responsibility as an organization and as female leaders to continue to pay that forward,” she says. “If we can help relieve the pressure of family responsibilities on female employees, it allows them to flourish in their roles.”

The organization comprises:

O’Neil is mentoring three operations team members, all “very strong females with unique strengths.”

She says, “As they learn from me, I learn from them, strengthening us both. Those internal female mentorship arrangements are important to develop female leaders and shape the next generation of female leaders.”

In putting O’Neil forward as an Elite Woman, her nominator says:

“Christa began at McFarlan Rowlands as a commercial account manager (13 years ago) and has since built her way up to COO, an accomplishment in itself.”

 

Anita Swamy

“Achievement is when we share our successes, lessons learned and even our failures”

Anita SwamyMedavie Blue Cross

 

Breaking barriers leads to innovation for top women in insurance

Medavie Blue Cross senior vice president of operations Anita Swamy discovered inner strength over 20 years ago after confronting ageism and sexism in the IT sector.

“I feel like having experienced that early in my career helped me to find my voice and establish my confidence in knowing the homework to do before you come to the table,” says Swamy. “The biggest challenge is not letting those barriers get in the way of standing up for the right path forward.”

Swamy has a reputation for confronting systemic barriers to diversity, equity and inclusion. She recalls a debate around the organization’s approach to biological sex in the insurance industry. She raised the issue of intersex individuals and advocated for acknowledging all sexes, challenging the prevailing binary male and female system.

Despite initial resistance to breaking from mainstream policies, Swamy successfully influenced a shift that resulted in the organization adopting a more inclusive approach.

“That decision could have gone either way, but part of being an effective leader is bringing something to the table for due consideration, and if it doesn’t proceed, that’s fine, too,” she says. “The critical thing is questioning the concept of ‘why not’”.

See also  Hurricane Idalia insured losses could hit $9.36 billion - report

Swamy’s outstanding achievements encompass:


teaching the youth program at Vedanta Ashram Society and being an active community booster of Feed Nova Scotia and United Way  

 



being the vice chairperson of the Canadian Association of Blue Cross Plans’ national benefit and claims committee  

 



being a 2022 Canadian delegate at the International Federation of Health Plans’ executive development program 

 



being an ally of the Connector program for newcomers and executives who relocate to Halifax and across Canada 

 



winning Insurance Business Canada’s 2022 Excellence Award for Claims Service  


In support of her Elite Woman recognition, Swamy’s nominator highlights:

“Anita spearheaded Medavie Benefits+, a unique walk-in health benefits and wellness resource centre, a Canadian insurance industry-first model in customer service.”

That industry-leading customer experience framework serves customers’ needs in person when many corporations are leaning into a digital environment.

“The next step is sharing that story so other insurers or even retail establishments can start to think about how things can be done differently,” says Swamy.

 

Christa O’Neil

“Don’t be afraid of self-promotion or stepping forward into roles you’re not sure you’re ready for; take that leap and believe in yourself”

Christa O’NeilMcFarlan Rowlands Insurance Brokers

 

Gender parity issues are a key concern for top female insurance leaders

Melissa Bajwa has witnessed an evolution in insurance brokerage over her nearly two decades of industry experience. But the vice president of compliance and broker network operations at PROLINK acknowledges that stubborn barriers remain for women in leadership.

“Just 26% of Ontario’s principal brokers are female, demonstrating much remains to be done to achieve gender parity,” says Bajwa, who devotes considerable time to mentoring and promoting the industry.

She prioritizes these issues in her role as PROLINK’s designated individual and principal broker and in her volunteer capacity with industry associations, such as the Registered Insurance Brokers of Ontario (RIBO) board.

Her nominator’s note of support mentions:

“Melissa’s RIBO appointment has not only given her a chance to be the voice of the modern broker, but it’s also allowed her to inspire other young women to be courageous, put themselves out there, and be a voice of influence.”

Bajwa’s range of accomplishments includes:


being an IBAO DEI committee member  

 



being the Insurance Institute of Canada’s career ambassador program volunteer  

 



being nominated as chairperson of RIBO’s personal development committee 

 



organizing an International Women’s Day 2022 event, highlighting work-life balance and breaking barriers that RIBO approved for its ethics continuing education programming 

 



being an awardee of IBC’s Elite Women 2022 and Women of Distinction 2022  


Of the more than 40 independent brokerages Bajwa supports in PROLINK’s broker network, 30% of the brokerage owners are women.

“I hope that by getting out there and speaking, I can inspire other women from diverse backgrounds to explore the opportunities that exist,” she says. “I want to encourage more women, young people and diverse voices at that table.”

See also  How to create a balanced, sustainable reinsurance portfolio

 

Meet the judges

 

 


Afifeh Daneshpanah

Senior Commercial Line Underwriter

CHES Special Risk

Alexandra Spence

Vice President, Distribution

Trisura

Amy Stiller

Underwriting Specialist

Northbridge Insurance

Aneeza Ahmad

Marketing Manager

KASE Insurance

Angel Yau-Vandenburg

Chief Data and Technology Officer

Équité Association

Ann Hildreth

Vice President, Technical Risk and Renewable Energy

HSB Canada

Asima Zahid

Director of Market Development

Lloyd’s

Becci Taylor

Executive Director

Insurance Brokers Association of New Brunswick

Becky Cameron

Head of Claims

AIG

Cara Stebbings

Senior Vice President and Regional Leader – BC and Territories

Liberty Mutual Canada

Cathy Prior

Director – Marine

Zurich Canada

Celyeste Power

Chief Executive Officer and President

Insurance Bureau of Canada

Daphne de Vitton

Chief Executive Officer

APRIL Canada Insurance

Darlene Schultz

Executive Vice President and Chief Transformation Officer

SGI

Dionne Bowers

Business Owner

D.B. Solutions

Gillian Van Kempen

Chief Operating Officer and President

Best Buy Insurance Brokers

Helen Liu

Manager, Legal Affairs

Intact

Jennifer Hamu

Manager, TPA Commercial Claims

Crawford & Company (Canada)

Joyce Usher-Mesiano

Vice President – Business Development, Eastern Canada

Westland Insurance

Julie Manske

Head of Underwriting – Greater Toronto Branch

Aviva Canada

Kari Davis

Director of Surety

Ai Insurance Organization

Kathy McCracken

President

Central Agencies

Laura Jordan

Corporate Specialist

Intact

Maria Jose Flores

Chief Compliance Officer

Carte Risk Management

Maureen Kurenoff

Chief Executive Officer

Growth Financial

Meagan Woensdregt

Managing Director and Head of Underwriting

Lions Gate Underwriting

Melanie Needham

President

MRD Training & Consulting

Michelle Diniz

Head of Global Operations

BOXX Insurance

Monica Ningen

Chief Executive Officer and President of Swiss Re Canada and English Caribbean

Swiss Re

Robyn Young

Chief Operating Officer and President

Excel & Y Insurance Services

Rowena Chan

President – Sun Life Financial Distributors (Canada) and Senior Vice President – Retail Advice and Solutions

Sun Life

Ruby Kaliray

Assistance Vice President Legal, Commercial and Technology

Definity

Shara Bierman

Business Development Manager

Tradition Mutual Insurance

Shirley Chisholm

Senior Vice President, Financial Institutions and Professional Services Practice

Marsh

Siham Alibux

Senior Vice President, Agency

APOLLO Insurance

Sukhdeep Kang

Chief Executive Officer

Armour Insurance Brokers

Susan Penwarden

Managing Director, Personal Lines

Aviva Canada

Suzanne Pountney

Commercial Lines Manager

Ontario West Insurance Brokers

Tanya Sinclair

Partner and Senior Risk Advisor

Lloyd Sadd

Traci Boland

Partner and Manager

Ontario West Insurance Brokers and Bill Blaney Insurance Brokers

Valérie Lavoie

Chief Operating Officer and President

Desjardins

Victoria Stanhope

Chief Executive Officer and President

Stanhope Simpson Insurance