Stephen Frank has been appointed president and chief executive officer of the Canadian Life and Health Insurance Association (CLHIA), effective July 1.
“Canada’s life and health insurance industry is entering one of its most intense eras of change, particularly in areas of public policy such as the industry’s distribution and disclosure practices, and lowering prescription drug costs for all Canadians,” Frank says, in a statement.
“We will continue to put our customers interests first and I look forward to working with governments and other stakeholders to develop solutions to these important issues.”
Prior to his appointment, Frank was senior vice president of policy for the CLHIA. In this role, he led advocacy for “insurance distribution matters, health and disability insurance, the industry’s anti-fraud strategy and overall policy strategy development and analysis,” says the association’s news release.
Frank is also a board member of the Canadian Drug Insurance Pooling Corporation. His previous experience includes senior roles in global transaction banking and financial strategy at a major bank and as an economist in the financial sector policy branch at the department of finance in Ottawa.
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