Karen Gavan , president and CEO of Economical Insurance, announced the appointment of Chris Van Kooten as senior vice-president and chief underwriting officer.

Reporting to Ms. Gavan, his new mandate now includes accountability for both personal and commercial insurance, as well as continuing to increase the level of sophistication in Economical’s pricing and analytics.

As a member of Economical’s executive team since October 2008 , Chris has held various executive roles with accountability for corporate actuarial, pricing, analytics and personal insurance.

Chris holds both his FCAS (Fellow, Casualty Actuarial Society) and FCIA (Fellow of the Canadian Institute of Actuaries) designations.

He has also been actively involved in the actuarial community outside of Economical. He previously held the position of president of the Ontario Conference of Casualty Actuaries.

Founded in 1871, Economical Insurance is one of Canada’s leading property and casualty insurers, with $2.0 billion in annual premium volume and $5.2bn in assets as at September 30, 2014 . Based in Waterloo , this Canadian-owned and operated group services the insurance needs of more than one million customers across the country.