Ian is a former Chief Risk Officer for a diversified public company and an international financial services company with responsibilities that included mergers and acquisitions, SEC and compliance reporting, investor and governmental relations, environmental, health and safety oversight, litigation management and corporate secretarial duties.
As Chief Consulting Officer and Senior Counsel for a global consulting company, Ian provided strategic risk planning and advisory services to public and private corporations and governments, including turn-key due diligence for complex mergers, acquisitions, financings, corporate reorganization and restructuring, including as a principal consultant for the reorganization of the Canadian blood supply system, litigation consultancy and management of mass toxic tort and class action claims and settlements, and the negation of consent decrees to enable voluntary and phased environmental remediation of contaminated sites or exceedances on an economically feasible and restorative basis. Consulting assignments regularly include catastrophe risk modeling and quantitative risk assessments for both corporate and governmental clients.
As Chief Development Officer of a multi-national insurance and risk services corporation, Ian was a co-founder of a capital markets division that initiated the securitization of risk using capital markets capacity in the form of Catastrophe Bonds, Insured-Linked Securities, Industry Loss Warranties and other financial instruments attractive to investors seeking alternatives and uncorrelated assets and investment classes; established in excess of forty-five insurance and reinsurance companies, including federal, provincial and state licensed and regulated multi and mono-line commercial insurance and reinsurance companies, reciprocals and co-operatives; pure, sophisticated, group, mutual and association captive insurance companies and risk retention groups; turn-key due diligence for the purchase and sale of federally and provincially licensed property & casualty insurance companies, including the preservation of financial-strength ratings from A.M. Best and other rating agencies; and the establishment, licensing, tribunalization and reinsurance syndication of new specialist managing general agencies, including for the specialty coverage lines of tax indemnity, title, director’s and officer’s, credit, credit enhancement and environmental insurance and the associated and respective insurance policy wordings, filings and approvals; and developed innovative insurance solutions in facilitation and credit enhancement of mergers and acquisitions and other commercial transactions.
As National Chair of an Indigenous services group, Ian was instrumental in the development of corporate-Indigenous partnerships and, through innovative insurance backed constructs, in advancing the availability of capital market access and commercial lending capacity to First Nations on competitive and non-recourse terms employing structures based upon Indigenous ownership or equity on a partnership basis. As a member of legislative working groups, he successfully advocated for legislative reforms beneficial to the development of wealth creation for First Nations, including recently enacted Captive Insurance Companies Act and Regulations and Insurance Act reforms in Alberta.
Ian holds or has held directorships with companies involved in the environmental services, transportation, chemical, manufacturing, health care, engineering, disaster recovery, emergency restoration, title insurance, financial and insurance services sectors, and served a four-year term as a Trustee of Healthcare of Ontario Pension Plan, one of the largest and best performing pension plans in Canada.