Transition committee of the Chambre de l'assurance

The Act also provides for the creation of a transition committee to oversee the implementation of the merger. In addition to the Chairman of the Board, the Quebec Minister of Finance has appointed Mr. Richard Blain and Ms. Sylvianne Chaput to act as independent directors on this committee. Mr. Jean-Alexandre Gouin and Mr. Jean-Philippe Vézina were also appointed from among the elected directors forming the boards of the Chambre de la sécurité financière and the Chambre de l'assurance de dommages.

The committee must, among other things, propose the Bylaws of the Chambre de l’assurance no later than April 4, 2026. It will be dissolved at the general meeting during which the bylaws are approved.

Board of Directors of the Chambre de l'assurance

The Board of Directors is composed of independent directors and members elected by their peers who represent the various fields of practice. The requirements regarding the composition of the Board of Directors of the Chambre de l’assurance are set out in the Autorité des marchés financiers Bulletin, Volume 22, No. 27, published on July 10, 2025 (in French).

At the extraordinary general meeting (EGM) held on January 20, 2026, the directors other than the members of the transition committee were declared elected by the assembly, in accordance with the special policy on the election of the members of the Board of Directors of the Chambre de l’assurance adopted by the Board and approved by the Autorité des marchés financiers. These individuals came from one of the two former boards of directors of the ChAD and the CSF. They had all either been elected by the members or appointed by the Minister of Finance and possess knowledge of the context surrounding the merger and its implementation since July 4 of last year, in addition to having the competencies required to hold these positions. 

It is important to note that neither the board of directors nor the management team is involved in the disciplinary process when a member is subject to an allegation of professional misconduct. The Syndic’s Office, which is responsible for conducting investigations, and the Disciplinary Committee, which imposes sanctions when necessary, are entities that operate confidentially and independently, thus ensuring the impartiality and integrity of the disciplinary process within the Chambre.

Standing committees of the Chambre de l'assurance

― Audit Committee

The Audit Committee (“AC”) is mainly focused on the optimal use of the Chambre’s material and financial resources, the integrity of financial information, the implementation of efficient internal measures of control, external audits, and risk management for the Chambre.

― Human Resources Committee

The Human Ressources Commitee ("CHR") is mainly focused on the remuneration and the other work conditions of the president and directors of the Chambre, on the risk management related to HR, on the selection, criteria and evaluation of the performance of the president and directors of the Chambre and the planning of the Chambre future hirings.

― Governance and Ethics Committee

The Governance and Ethics Committee (GEC) is a statutory committee of the Board of Directors of the Chambre de l’assurance. Its mandate includes supporting the Board in the application of sound governance and ethical practices by recommending the principles and guidelines relating to the structure of the Board and its committees, as well as the processes for identifying and recommending directors. It is also responsible for evaluating the performance of the Board, its committees, and its directors.

Management team of the Chambre de l'assurance