Vancouver, BC – The Insurance Corporation of British Columbia (ICBC) has announced changes in its leadership, with the appointment of a new CEO and the departure of its current president.
Effective January 1, 2021, Nicolas Jimenez will take over as the new CEO of ICBC, replacing outgoing president and CEO, Mark Blucher. Jimenez brings with him over 20 years of experience in the insurance industry, having previously served as the CEO of the Insurance Corporation of British Columbia and the CEO of the Insurance Corporation of British Columbia.
In a statement, Jimenez expressed his excitement for the new role and his commitment to leading ICBC through its ongoing transformation. “I am honored to have been chosen to lead ICBC during this critical time,” he said. “I am committed to working closely with our team to continue delivering on our promise to provide affordable and sustainable insurance to British Columbians.”
Jimenez’s appointment comes as part of a larger restructuring at ICBC, which includes the departure of Blucher. Blucher has been with the corporation for over 30 years, serving in various roles including president and CEO since 2012. Under his leadership, ICBC has undergone significant changes, including the implementation of a new insurance model and the introduction of new technology to improve customer service.
In a statement, Blucher thanked the ICBC team and expressed his confidence in Jimenez’s ability to lead the corporation. “It has been an honor to serve as the president and CEO of ICBC for the past eight years,” he said. “I am proud of the work we have accomplished together and I have full confidence in Nicolas to continue driving ICBC towards success.”
The changes at the helm of ICBC come at a crucial time for the corporation, as it continues to navigate the challenges of the COVID-19 pandemic and work towards financial stability. With Jimenez’s extensive experience in the insurance industry and Blucher’s successful leadership, ICBC is well-positioned to continue providing essential insurance services to British Columbians.
As the new CEO, Jimenez will lead ICBC in its ongoing efforts to improve customer experience, reduce costs, and ensure the long-term sustainability of the corporation. With a strong team and a clear vision, ICBC is poised for success under its new leadership.
