The Canadian Association of Financial Institutions in Insurance (CAFII) announced June 6 that Nicole Benson has been elected Chair of its Board of Directors. Benson succeeds Peter McCarthy who has completed a three-year term as Chair.

Benson is Chief Executive Officer at Canadian Premier Life Insurance Company. McCarthy, who is President and CEO at BMO Life Assurance Company, remains on the CAFII Board as the director from his member organization.

Positioning association for long-term success

“I would like to thank Peter McCarthy for his leadership as Chair of CAFII for the past three years,” said Benson. “I look forward to working with my colleagues on the Board, and to building on Peter’s accomplishments in positioning the association for long-term success.”

CAFII was established in 1997 to be the voice for financial institutions involved in selling insurance through a variety of distribution channels. Its members provide insurance through client contact centres, agents and brokers, travel agents, direct mail, branches of financial institutions, and the internet.