HSB CANADA
MIKE SCARBEAU
TITLE : VICE PRESIDENT , HEAD OF INFORMATION TECHNOLOGY
INDUSTRY : INSURANCE LOCATION : CANADA
Scarbeau has extensive experience in senior management roles leading and developing high performing teams and worked as a Director of IT at a large mutual insurance organization before joining HSB Canada . Prior to that , he worked within the same capacity in the banking and the provincial government . The Board of Directors appointed him Vice President in 2021 .
EXECUTIVE BIO to be at a different place in the journey ,” Scarbeau tells us . He accepts that most Canadian insurers are not at the fully digitised end of the spectrum .
“ I think the Canadian market is probably behind the curve a bit ,” Lansakara adds . “ If you think of things like digital quote and bind rate comparators that are available , the UK certainly leads the pack . The US , I ’ d say , is not there but definitely catching up . I think Canada is gradually moving there .”
He believes that the company ’ s global footprint – including the beneficial relationship it shares with Munich Re – means that HSB Canada is able to incubate ideas faster and create opportunities for new technologies or new insurance models , like embedded insurance , faster than locally grounded players can .
46 September 2023