Insurance Bureau of Canada

The Insurance Bureau of Canada (IBC) is the national industry association representing the vast majority of Canada's private home, auto, and business insurers. Established in 1964, its core mission is to ensure that Canadians have access to affordable insurance and that the property and casualty (P&C) insurance industry's needs are represented through a unified voice. The organization advocates for a competitive, responsive, and resilient P&C insurance industry by collaborating with governments, regulators, and stakeholders. Its headquarters are located in Toronto, Ontario.

As an industry association, IBC provides a range of services primarily to its member companies and the public. For its members, these services include policy development, government relations, communications, legal support, investigative services to combat insurance crime and fraud, and vehicle information services. For consumers, IBC operates an Insurance Information Centre, offering guidance on purchasing home, auto, and business insurance, understanding claims processes, and providing resources on loss prevention and safety tips.

Celyeste Power assumed the role of President and CEO of IBC on January 1, 2023, becoming the first woman to hold this position. The organization is actively engaged in addressing significant challenges facing the insurance sector, particularly the escalating financial costs associated with climate change and natural disasters. IBC advocates for enhanced resilience measures and works with various levels of government on initiatives such as flood risk management. Recent reports from IBC highlight 2024 as Canada's costliest year on record for insured catastrophe losses, totaling approximately $8.5 billion, with wildfires identified as a major contributing factor.