DCPD Refresh Session - Webinar (MDT)


Edmonton, AB [Map]
Date and Time: June 21, 2022 2:00 p.m - 3:30 p.m. MDT


Please Note:  This session is available to anyone for free. No membership is required, and No CE credits are available for this session.

IMPORTANT:  This session and the June 22nd session are both the same content - please register for only one session.

This session will provide a review of the Direct Compensation for Property Damage (DCPD) coverages that effected automobile policies as of January 1, 2022. We will review the legislative changes, fault determination collision scenarios in detail and discuss a few specific scenario examples. We will also discuss the impact on pricing and finishing with a dynamic question and answer interactive period.

Overview of session:

1. Overview of DCPD (a refresh)

2. Pricing and some insights

3. Unique Scenarios

4. Q & A

Registration:   1:45 p.m.
Presentation:   2:00 - 3:30 p.m. MDT


David Sorenson - is the Deputy Superintendent of Insurance, Financial Sector Regulation and Policy (FSRP), Treasury Board and Finance.  

David has played key leadership roles in insurance companies of various sizes in B.C. and Alberta.  He has lead claims teams through numerous catastrophic losses, including the 2011 Slave Lake fire and 2013 floods. Before joining government, David was Regional Director of Claims for a national property and casualty insurer.

In 2014, after 23 years in the insurance industry, David joined the Government of Alberta as Deputy Superintendent of Insurance.  David has been an integral part of the government’s development of Alberta’s Transportation Network Company insurance policy; and the response to the wildfires in Fort McMurray, liaising with industry, collecting data from insurance companies and informing the working groups.

David is a Fellow, Chartered Insurance Professional (FCIP), and also holds a Bachelor of Arts degree. He is a certified instructor with the Insurance Institute of Canada, where he also volunteers for Career Connections.

Laurie Balfour, Executive Director of the Automobile Insurance Rate Board. Prior to joining the Automobile Insurance Rate Board in 2018, she served as Senior Manager, Prudential Supervision within the Office of the Superintendent of Insurance for over nine years. Prior to joining the Alberta Government, she worked in the private sector as the Vice President of Corporate Services for an Alberta based non-profit organization.

She is a Chartered Professional Accountant and holds a Masters in Business Administration.

Laurie has served on numerous national committees for the Canadian Council of Insurance Regulators (CCIR) the General Insurance Statistical Agency (GISA) and the Canadian Automobile Insurance Rate Regulators (CARR).

COST: Free
Registration is required, please make sure your email is up to date as the webinar information will be sent out prior to the event.

CE Credits:   No CE credits are available for this session

Best Practices for Virtual Sessions:
Please be advised that your image and voice may be captured and recorded during this virtual session for review purposes. Your participation in this virtual session is considered consent to be recorded as required by law.It is highly recommended that you
follow our suggested best practices when participating in any virtual session. We have taken every precaution to keep you and your information safe. Here is what we are doing to protect all of our stakeholders**Please note that the recording of our webinars are used for audit/attendance purposes only and will not be available for distribution**