President and CEO
MSA Research Inc.
Joel Baker has devoted his career to the insurance industry, gaining expertise as one of Canada’s leading authorities on insurance industry analytics. In 2004, he founded MSA Research Inc., the renowned analytical research and financial publishing firm entrusted to provide independent, accurate research and analysis to all those who have a stake in the Canadian insurance industry. MSA Research Inc.’s clients include the overwhelming majority of Canada’s insurers, reinsurers, brokers, reinsurance brokerages, risk managers, industry associations, regulators, investment bankers and equity analysts.
Joel began his career in the insurance industry with the Sun Alliance Insurance Company of Canada, now part of RSA Canada. In 1994, recognition of his analytical capabilities resulted in him being offered the position of General Manager with the Canadian rating agency, TRAC Insurance Services Ltd., which he led until 1999. When the company was acquired by A.M. Best, he led A.M. Best Canada for four more years, during which time he was heavily involved in the rating process of property and casualty insurers, as well as life insurance companies.
Joel’s depth of understanding of the Canadian insurance industry makes him frequently called upon to comment on industry results. He is often quoted on his unique perspective of the industry. It was Joel’s commitment to the industry that prompted him to create a forum in which all of Canada’s insurance leaders could unite to share ideas, insights and initiatives that would strengthen the country’s property and casualty insurance industry. In 2007, he launched the National Insurance Conference of Canada (NICC), which quickly became the Canadian P&C industry’s pre-eminent leadership forum. The highly anticipated 12th NICC will be held at the Hilton Lac Leamy in Gatineau-Ottawa, QC from October 10-12, 2018.
New in 2018, MSA launched NICC’s companion conference, InsurTech North. This new forum is designed specifically for digital leaders, entrepreneurs and venture capitalists in the P&C and Life/Health insurance space. The inaugural InsurTech North runs from October 9-10, 2018 followed immediately by the NICC.
Another long-standing conference focused solely on financial and actuarial issues confronting insurers was launched by MSA in 2010: The Canadian Insurance Financial Forum (CIFF). This annual event will be held May 27-28, 2019 at the Beanfield Centre in Toronto.
Now going into its fifth year in Canada and into its first year in Bermuda, the International Cyber Risk Management Conference (ICRMC) addresses the most salient and timely issues that will help organizations manage cyber risk internally and effectively transfer it. The ICRMC brings together the most comprehensive spectrum of issues and experts in one place. The Bermudian edition of the ICRMC will run Dec 6-7, 2018 at the Hamilton Princess and the 2019 Canadian ICRMC will be held April 15-16, 2019 at the Metro Toronto Convention Centre.
In 2014, Joel also founded Catastrophe Indices and Quantification Inc. (CatIQ), delivering detailed analytical and meteorological information on Canadian natural and man-made catastrophes. Through its online subscription-based application, CatIQ combines comprehensive insured loss indices and other related information to better serve the risk management needs of the insurance and reinsurance industries. CatIQ’s fifth annual CatIQ Canadian Catastrophe Conference (C4), will take place at the Metro Toronto Convention Centre, February 4-6, 2019.