ICBC names Mark Blucher as interim CEO


Mark Blucher has taken over as interim president and CEO of the Insurance Corporation of British Columbia.

ICBC's board of directors announced today (October 23) the appointment, which is effective immediately.

Blucher had been the public auto insurer's senior vice president of insurance since 2010.

"As interim CEO, Blucher will ensure ICBC continues to provide superior customer service and the best insurance coverage at the lowest rates possible. He will also work closely with the Board of Directors and management to implement ICBC’s business plan, with a renewed focus on cost control and financial stability," reads a statement from ICBC.

In August, ICBC announced that Jon Schubert would be leaving as president and CEO of the provincial Crown corporation.

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ICBC is a great disservice to consumers. Why must we have a monopoly in auto insurance?? Competition is good for the consumer. This quasi - governmental agency must turn a profit for it's shareholders as well as the government, so we wind up paying way too much for insurance.
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