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Phil Haynes

Picture of 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
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