Ontario Appoints Advisor on Auto Insurance and Pensions
David Marshall to Help Reduce Auto Insurance Costs and Support ORPP Implementation
Ontario is appointing David Marshall as Advisor on auto insurance and pensions, starting Feb. 1, 2016. As an advisor to the Minister of Finance, Marshall will provide recommendations to the government on further ways to reduce auto insurance costs in Ontario, as well as guidance on implementing the Ontario Retirement Pension Plan (ORPP).
Marshall has served as the President and CEO of the Workplace Safety and Insurance Board (WSIB) for the last six years. Marshall will apply the expertise he developed at WSIB in active claims management practices to identify additional opportunities for auto insurance reform. The goal of these reforms is to lead to better health outcomes, lower costs and more affordable insurance premiums.
As a former Deputy Minister of Public Works and Government Services Canada and Deputy Receiver General, Marshall will bring his expertise in administering the federal government's employee pension plan, as well as his experience managing the operations and technology of the Employment Insurance Fund, to support the government's commitment to simple, reliable and cost-effective ORPP administration.
Reducing auto insurance rates and implementing the ORPP are key initiatives in the government's plan to build Ontario up. The four-part plan includes investing in people's talents and skills, making the largest investment in public infrastructure in Ontario's history, creating a dynamic, innovative environment where business thrives and building a secure retirement savings plan.
- Prior to joining the WSIB, Marshall served in several senior executive roles in both the public and private sectors. In the Government of Canada, Marshall has served as Assistant Auditor General of Canada, Assistant Deputy Minister at Revenue Canada, Assistant Deputy Minister at Employment and Immigration Canada, Deputy Receiver General and Deputy Minister of Public Works and Government Services. In the private sector he has held the post of Vice Chairman of CIBC responsible for the bank's mortgage, insurance and credit card businesses as well as global operations. His appointment is for a one-year term with an opportunity to renew for another year.
- Affordable auto insurance is important to Ontario’s more than 9.5 million drivers who rely on cars to get to work, school and take part in community activities.
- The ORPP will help close the retirement savings gap for the two out of three Ontarians who do not have a secure workplace pension plan. The ORPP will expand pension coverage to about 3.5 million workers, providing a predictable and reliable stream of retirement income.
“David Marshall's expertise in management and operational planning will help guide our work reducing auto insurance rates for Ontarians. His proven success in improving organizational structure and investment will be a welcome asset in the implementation of the ORPP. These are two important streams of work, which will enable Ontarians to lead more safe and secure lives.”
“My goal is to build a secure, sustainable pension plan for Ontario workers. David Marshall’s guidance in setting up the Ontario Retirement Pension Plan will help ensure that we develop the best operational approach possible for the people of this province.”