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Phil Haynes
I am interested in the challenge and excitement and I know that I can contribute to the forward advancement of FirstOntario. My background is in Ontario mutual insurance which is similar to Ontario credit unions being Ontario based companies directly supporting local communities. I believe in the local concept of service employing local people and investing in our Canadian economy.
This is what I have done for the majority of my career and it is a formula for success that needs to be perpetuated and advanced. I would enjoy and make a positive contribution to the strength of FirstOntario.
Personal Value
- Extensive business experience at a senior management level
- Ability to read, interpret and analyze financial statements
- Knowledge of investment philosophies
- Extensive strategic planning background
- Risk analysis
- Knowledge of boards and their governance role
- Computer literacy
- Presentation skills
- Work independently and cooperatively
- Knowledgeable of the relationship with FSRA (formerly FSCO)
Educational/Professional Designations
- B.A. Carleton University, Ottawa
- Certified Insurance Professional (CIP)
Work Experience
- CEO, Peel Mutual Insurance Company, Brampton Ontario, 1993 - 2008
- Financial Review Committee, Fire Mutuals Guarantee Fund 2010 -2019
This involved solvency review and analysis of twelve specific mutual insurance companies and the reporting of same to FSRA
Board and/or Committee Experience
- Working with the board in my role as CEO
- Member of all committees in my role as CEO (finance, planning, etc.)
- Board Member/Chairman of Property & Casualty Conference, National Association of Mutual
- Insurance Companies (NAMIC), Indianapolis, IN, 1998 – 2004. Responsible for educational development with North America’s largest insurance association
- Member of various committees at OMIA
- Committee meetings with FSRA to report on solvency matters pertaining to Ontario regulated mutual insurance companies