Gordon Rasbach is a seasoned professional in the insurance and regulatory sectors, currently serving as Senior Manager, Insurance Investigations at the Financial Services Regulatory Authority since September 2019. Previously, Rasbach held multiple executive roles at Aviva Canada, including Vice President of Property Claims & Fraud Management, overseeing a vast claims operation and leading significant transformation initiatives. Additional roles included leadership of the in-house litigation department and global fraud management across several countries. Rasbach's diverse experience encompasses executive responsibilities in claims transformation, legal and fraud management, and healthcare services, with a strong background in law enforcement from prior service as a detective with the Toronto Police Service. Educational qualifications include advanced business management programs from renowned institutions such as INSEAD, Wharton, and London Business School.
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Financial Services Regulatory Authority of Ontario (FSRA)
The Financial Services Regulatory Authority of Ontario (FSRA) is a new, independent regulatory agency created to improve consumer and pension plan beneficiary protections in Ontario. FSRA was established to replace the Financial Services Commission of Ontario (FSCO) and the Deposit Insurance Corporation of Ontario (DICO). The agency is flexible, self-funded and designed to respond rapidly to an evolving commercial and consumer environment. In this capacity, FSRA will: • Promote high standards of business conduct • Foster a sustainable, competitive financial services sector • Respond to market changes quickly • Promote good administration of insurance and pension plans • Encourage innovation The newly created agency protects Ontarians by regulating: • Property and casualty insurance • Life and health insurance • Credit unions and caisses populaires • Loan and trust companies • Mortgage brokers • Health services providers (related to auto insurance) • Pension plan administrators • Financial planners and advisors For more information, visit www.fsrao.ca