Policyholder Protection

Learn more about PACICC’s Coverage and Benefits

 

our purpose

To protect eligible policyholders from undue financial loss in the unlikely event of an industry insolvency

Who We Are

The Property and Casualty Insurance Compensation Corporation (PACICC) is an industry-funded, not-for-profit guarantee fund, approved by government regulators, to protect policyholders and claimants, in the unlikely event of the failure of a property and casualty (P&C) insurer in Canada

What We Do

protect eligible policyholders

We protect eligible policyholders from undue financial loss in the event that a member insurer becomes insolvent

minimize
costs

We minimize the costs of insurer insolvencies

maintain
confidence

We seek to maintain a high level of consumer and business confidence in Canada’s property and casualty insurance industry

What’s New

PACICC Welcomes New Vice President, Finance

Updated Catalogue of Insurer failures amplifies importance of policyholder protection

Canadian Underwriter Podcast – What’s on Dec? | Episode 15 | What’s shaking with quake?

Collective Strength — Learn more >
The International Forum of Insurance Guarantee Schemes (IFIGS)