Economical Insurance appoints Chris Van Kooten to senior vice-president and chief underwriting officer

Accountable for personal and commercial insurance, pricing and analytics

WATERLOO, ON, Nov. 19, 2014 /CNW/ - Karen Gavan, president and CEO of Economical Insurance, is pleased to announce the appointment of Chris Van Kooten as senior vice-president and chief underwriting officer. Reporting to Ms. Gavan, his new mandate now includes accountability for both personal and commercial insurance, as well as continuing to increase the level of sophistication in Economical's pricing and analytics.

As a member of Economical's executive team since October 2008, Chris has held various executive roles with accountability for corporate actuarial, pricing, analytics and personal insurance.

Chris holds both his FCAS (Fellow, Casualty Actuarial Society) and FCIA (Fellow of the Canadian Institute of Actuaries) designations. He has also been actively involved in the actuarial community outside of Economical. He previously held the position of president of the Ontario Conference of Casualty Actuaries.

About Economical Insurance
Founded in 1871, Economical Insurance is one of Canada's leading property and casualty insurers, with $2.0 billion in annual premium volume and $5.2 billion in assets as at September 30, 2014. Based in Waterloo, this Canadian-owned and operated group services the insurance needs of more than one million customers across the country. In 2010, Economical announced its decision to become the first federally-regulated mutual property and casualty insurance company to pursue demutualization. Economical Insurance conducts business under the following brands: Economical Insurance, Economical, Western General, Economical Select, Perth Insurance, Family Insurance Solutions, Federation Insurance and Economical Financial.

SOURCE: Economical Insurance

Doug Maybee, Economical Insurance, (T) 519.570.8249, (C) 519.404.0989, [email protected]