The Toronto Insurance Council actively promotes the common interests of large commercially-focused insurance brokers with an office in the greater Toronto area.
Our Vision
Inspired by its core values and in accordance with its mission statement, TIC will endeavour to adhere to the following:
Membership
Seek to include 100% of the qualifying Ontario P & C commercial insurance brokers as full members of the TIC.
Represent all firms who qualify for membership. To qualify for full or associate membership in TIC, a minimum of $20,000,000 commercial-lines premium volume is required. The sponsorship of two current board members is an additional prerequisite. Existing members at the time of the March 2007 were grandfathered.
As of 2013, associate members may also be any self-employed individual, firm or corporation operating as a Wholesale Insurance Broker and/or Managing General Agent, authorized by RIBO, whose aims and practices are consistent with the objectives of the Council.
Communications
Provide a forum for discussion of common issues, underlaid by the fundamental principle of zero tolerance for any collusion or connivance to inhibit open competition.
Effectively communicate TIC activities and results to our membership.
Advocacy
Be the recognized voice of the large commercially-focused insurance broker, publicly and within the industry.
Management
Be recognized as an effective and well-managed and governed association.
Career awareness
Promote and encourage commercial P&C broking and risk management as a career of choice.
Networking
Provide unique and meaningful networking opportunities.
Our Values
In fulfilling our mission, we believe in:
Respecting our members as competitors
Supporting free and open competition within the marketplace, rejecting all collusion or coordination of pricing, terms or other competitive practices
Fostering beneficial relationships within the P&C insurance industry
Enhancing reputation, integrity and professionalism
Fostering an open forum for idea sharing and solution sharing
Being accountable to our members, and
Enhancing the sustainability and value of the independent P&C insurance broker.
