February 21, 2014
Ms. Carolyn Rogers
Chair, Canadian Council of Insurance Regulators
c/o CCIR Secretariat
5160 Yonge Street, PO Box 85
Toronto, ON M2N 6L9
ccir-ccrra@fsco.gov.on.ca
Dear Ms. Rogers:
The Canadian Association of Financial Institutions’ in Insurance (CAFII) is pleased to provide input for CCIR’s development of its 2014-17 Strategic Plan. Our submission is appended to this letter. We have generally framed our input in accordance with the questions raised in your invitation letter.
Thank you for inviting CAFII to participate in this important stakeholder consultation process.
CAFII would be pleased to discuss our submission or answer any questions that the CCIR may have about it. Should you wish to meet for that purpose, either in-person or by teleconference, please contact Brendan Wycks, our Executive Director, at brendan.wycks@cafii.com or 647-218-8243 to arrange a mutually convenient date and time.
We look forward to working with CCIR on continuing to develop a sound and flexible risk-based regulatory regime for the Canadian insurance industry, which supports consumer protection and the ability of business to meet market needs in an efficient and effective manner.
Yours sincerely,
Mark Cummings, Chair
Canadian Association of Financial Institutions in Insurance