November 2015

Addressing the Cost of Climate Change: Making the Case for a National Flood Program

11:45am-1:30am | The Westin Edmonton - 10135-100 Street, Edmonton

Albertans know first-hand the rising costs of climate change. The Alberta floods of June 2013, the most costly in Canadian history, drove home the need for Canadians to better adapt to severe weather and prepare for the increasing potential of floods. Climate change adaptation will feature prominently at Cop21 in Paris – the insurance industry is responding to address rising global risk with a wide array of solutions.

Canada is the only G7 country without a national flood insurance program. However, we’re working on it. Join the Economic Club of Canada to hear Don Forgeron, President and CEO of Insurance Bureau of Canada, speak on a made-in-Canada approach developed from lessons learned in responding to the 2013 event.

Fundamentally, flood protection is a pocketbook issue that can be managed by the private sector while decreasing requirements for public disaster relief funds. Solving it will help contain the costs stemming from climate change, which in turn will help protect the finances of Albertans, and indeed all Canadians.

Special Guest Pricing:
Individual seat: $75 + GST
Table (seats 10): $700 + GST

Don Forgeron

President and CEO
Insurance Bureau of Canada

Don Forgeron

IBC’s President and CEO since 2009, Don Forgeron has a successful track record of more than 25 years in the property and casualty (P&C) insurance industry. He has a strong foundation in the public and private sectors, having worked for Alberta’s Department of Environment and the National Research Council in Nova Scotia early in his career.

As President and CEO, Don works with Canadian governments and key stakeholders to build a strong, stable P&C industry and a stronger and safer Canada. He is leading a national conversation with governments and Canadians on the need to adapt to climate change and on the need to better prepare Canada for an earthquake.

Don is active internationally on behalf of Canada’s P&C insurance industry to provide input to international regulatory bodies. He is a founding member of the Global Federation of Insurance Associations and leads an international working group focused on disruption.

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