Last update: Sept. 28, 2017
Media Release archive
Michelle Strom appointed LPIC President
Ms. Strom succeeds Malcolm Heins who has accepted the appointment of Chief Executive Officer of the Law Society of Upper Canada (LSUC). Mr. Heins will remain on the LPIC Board of Directors.
Commenting on Ms. Strom's promotion, Mr. Heins said: "As a financial institution, LPIC requires a president skilled in the areas of finance and administration. I am confident that with Michelle's extensive background and expertise, coupled with her excellent track record at LPIC, she is the ideal candidate to lead this organization."
Over the past six years, Ms. Strom has played a pivotal role in building LPIC into a progressive, customer-focused, and financially sound insurance company. As LPIC's Senior Vice President and Chief Financial Officer with responsibilities for technology, finance and administration, Ms. Strom has been instrumental in re-engineering LPIC's operations and establishing a sound financial base for the insurance program. Over the past two years, she has been closely involved in identifying and developing new business opportunities and growth strategies for LPIC, to meet the evolving needs of lawyers in a changing practice climate. LPIC's success in these areas was recently corroborated by the A (Excellent) rating which it received from the A.M. Best Company, a leading insurance industry rating service.
Ross Murray Q.C., Chair of the LPIC Board of Directors, speaking on behalf of the Board said, "We wish Malcolm Heins all the best as he takes on the challenge as the Chief Executive Officer of the Law Society of Upper Canada (LSUC). We thank him for his leadership at LPIC since 1994. We are extremely pleased that Michelle Strom has accepted the position as President of LPIC. Michelle will lead a strong management team and an enthusiastic and highly competent staff."
Ms. Strom holds a degree in Business Administration from York University, and received her Chartered Accountant designation in 1983. Before joining LPIC in 1995, she held senior administrative and financial positions with a number of organizations, with an emphasis on change management. She currently serves on the Board of Directors of the Ontario Bar Assistance Program (OBAP), a not-for profit organization that provides peer-to-peer support to lawyers and family members in need; and DIVORCEmate Software Inc., which supplies family law software.
LPIC currently provides liability insurance to more than 18,000 lawyers in Ontario and to 450 lawyers in Newfoundland. It also offers lawyers a competitive title insurance product through TitlePLUS, its innovative title insurance/real estate conveyancing program, and excess liability insurance on an optional basis.
January 31, 2018