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Tag: Board of Directors

2023 AIRB Board Meeting Schedule

(August 17, 2022) Today the Automobile Insurance Rate Board (AIRB) released the Board of Directors‘ 2023 meeting schedule.

The AIRB Board of Directors brings a broad range of expertise and experience to help guide operations. Board members were recruited from across the province
and selected through a public, open competition.

The AIRB Board of Directors meets ten times per year to review rate filings and conduct other business, ensuring auto insurance is accessible, equitable and sustainable for all Albertans. They also meet during the Annual Review Open Meeting.

See the 2023 schedule in the PDF below.

Two New Members of AIRB Board of Directors Appointed

(June 30, 2022) The AIRB is pleased to announce the following appointments to the Board of Directors:

  1. Christopher Bruce – Mr. Bruce holds a Master’s degree in Business Administration – Financial Services from Dalhousie University. He is a Fellow of the Institute of Canadian Bankers and has an ICD.D designation from the Institute of Corporate Directors. Mr. Bruce is a retired banking executive with 36 years of experience and extensive experience in board governance with not-for-profit organizations.
  2. Rita Lazar-Tippe – Ms. Lazar-Tippe holds a diploma in Computer Systems Technology and an Information Systems Technology Degree with Honours, both from the Northern Alberta Institute of Technology. She is an experienced not-for-profit Director with over 12 years of board experience and 29 years of information technology experience in the private, public, and not-for-profit sectors. Ms. Lazar-Tippe’s professional experience spans across financial, environmental, entertainment, publishing, engineering, and education industries, all of which are dominated by regulatory and risk compliance issues.

The AIRB recruits Board Members based on specific skills, knowledge, experience, and diversity. The Lieutenant Governor in Council may appoint AIRB Board Members for a term of up to three years and re-appoint them for up to three terms.

The AIRB’s Board of Directors and staff look forward to continuing our mandate with these two new board members.

AIRB Releases 2022-25 Business Plan

(May 4, 2022) Today the Automobile Insurance Rate Board (AIRB) released their 2022-25 Business Plan.

This business plan was prepared for three years, starting on April 1, 2022, building on our updated vision, mission and values. All of the AIRB’s policy decisions as of March 31, 2022, with material economic or fiscal implications, have been considered in preparing this plan.

The plan’s strategic goals have been adjusted from the previous four goals, ensuring they reflect the market realities and future direction of the AIRB. The strategic goals affirm our commitment to:

  • Optimizing our regulatory process and making evidence-based decisions;
  • Leveraging technology to support innovation and enhance data collection;
  • Being recognized as a leader in our sector;
  • Enhancing our stakeholder engagement and building public confidence in insurance rate regulation; and
  • Continuing the development and engagement of our Board Members and staff to ensure we are proactive to new and emerging trends.

Read the complete plan below and find our past plans on our Infographics and Reports page.