The provincial government has appointed two special advisors to review Workplace Safety and Insurance Board (WSIB) practices.
In a news release, the province said Linda Regner Dykeman and Sean Speer were appointed based on their “respective areas of expertise in insurance and public policy.”
The review is to start immediately, and a report to the Ministry of Labour is expected by the end of the year.
Linda Regner Dykeman heads up MidCorp Canada, a division of Allianz Global Corporate & Specialty (AGCS), a global insurance carrier providing risk consultancy, property-casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 12 dedicated lines of business.
Sean Speer is a Senior Fellow in public policy at the Munk School of Global Affairs and Public Policy, a Senior Fellow for fiscal policy at the Macdonald-Laurier Institute, and an associate fellow at the R Street Institute.
Together, the pair is tasked with examining the WSIB’s operations and how they compare with best practices in the industry.
Specifically, the operational review will focus on:
- financial oversight: sustainability of the WSIB insurance fund and controls over it;
- administration: effectiveness of the current WSIB governance and executive management structure; and
- efficiency: the cost-efficiency and effectiveness of operations, including comparisons to competing jurisdictions and private sector insurers.