The General Insurance Statistical Agency (“GISA”) operates as a statistical agent on behalf of the insurance regulatory authorities of Alberta, New Brunswick, Newfoundland & Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island and the Yukon. GISA is a federally incorporated, not-for-profit corporation governed by a Board of Directors, with representation from the nine participating insurance regulatory authorities, the property and casualty insurance industry, and the public.
The statistical and financial data collected supports participating member jurisdictions in fulfilling the following public policy objectives:
• Monitoring insurance rates to ensure that they are not excessive or unfairly discriminatory;
• Monitoring market structure and performance, and taking steps, if necessary, to restore competition or remedy the problems caused by market instability;
• Providing aggregate industry data to assist industry in making informed pricing decisions.
Read more about GISA's
Governance.
Mission Statement
To provide effective oversight of statistical plans and related insurance data, ensuring that timely, reliable, accurate and value added information is efficiently produced to meet the needs of an evolving marketplace.
GISA 2020-03