Allstate Insurance coverage Firm of Canada has introduced London Bradley is its new president and CEO.
Bradley assumed the position of president and CEO of Allstate Canada, Pembridge Insurance coverage Firm, Pafco Insurance coverage Firm and Ivantage Insurance coverage Brokers Inc. (collectively ACG), efficient Might 20, Allstate Canada says in a press launch.
Bradley is at present the senior vice chairman, east zone chief for Allstate Gross sales and Distribution with The Allstate Company in the USA. He replaces president and CEO Ryan Michel, who might be transferring again to the U.S. to tackle the position of president, Allstate Enterprise Insurance coverage with The Allstate Company.
For his half, Bradley joined The Allstate Company in 1998 as an unique agent within the U.S. Midwest area. He transitioned into gross sales leadership in 2001 and progressed by way of roles of accelerating accountability earlier than turning into area senior vice chairman for the southeast area, the place he led one of many largest areas for the Allstate enterprise within the U.S. to worthwhile progress. In his most up-to-date position, Bradley leveraged his depth of expertise in gross sales to assist lead the U.S. east zone area to robust ends in 2021.
“Along with his skilled tasks, Bradley has developed a popularity as a folks chief, mentor and champion of inclusive range,” Allstate Canada says in a launch.
He has served within the U.S. as an enterprise range leadership council member, sponsor and mentor for intrapreneurs at The Allstate Company, Allstate enterprise tradition and worker expertise steering committee member, and a board member of the Allstate political motion committee.
Michel additionally began his profession with the U.S. Allstate enterprise in 1996 earlier than becoming a member of ACG in 2011 as its vice chairman and chief danger officer; he was appointed president and CEO in January 2016. In June 2021, he was elected chairman of Insurance coverage Bureau of Canada’s board of administrators.
Throughout Michel’s tenure, ACG noticed robust enterprise progress. Over the previous ten years, the Canadian workforce grew by 62% to over 3,000 staff, and the variety of houses and autos it insures doubled to over 1.4 million. Equally, the corporate’s dealer enterprise, by way of its Pembridge and Pafco divisions, has greater than doubled since 2017. (Pafco gives private auto insurance coverage for drivers who don’t qualify for protection in the usual insurance coverage market).
Based on Canadian Underwriter’s 2021 Stats Information, Allstate Insurance coverage Firm of Canada was the tenth largest P&C insurer in Canada with greater than $2.14 billion in web premiums written in 2020.