FinTech Magazine April 2020 | Page 86

ONTARIO TEACHERS INSURANCE PLAN

Stacey Rous , Executive VP and Chief Financial Officer , explains how OTIP ’ s unwavering dedication to its members is being augmented with technological developments

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F ounded iFounded in 1977 and currently managed and owned by four teaching affiliates ( AEFO , ETFO , OECTA and OSSTF ) in Ontario , Canada , the Ontario Teachers Insurance Plan ( OTIP ) was established on the basis that nobody understands education better than educators . A not-for-profit organisation , OTIP is committed to providing the very best insurance benefits to its members , using its collective industry insights to go above and beyond the needs of the teaching and education professionals it serves . Starting out handling long-term disability insurance , OTIP has subsequently grown to over 700 dedicated staff and covers a wide range of auto , home and health insurance .

Joining the company in 2016 , Stacey Rous , EVP and CFO , came from an accountancy background originally , but gradually gained experience in insurance from some of the top companies in the sector , including Allianz . “ I have a property , accident and sickness and group benefits background too ,” she explains . “ My career has really been about change :
APRIL 2020