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About the Fonds d'assurance

Creation of the Fonds d’assurance

Creation of the Fonds d’assurance

The Fonds d’assurance was created on April 12, 1988 by resolution of the General Council of the Barreau du Québec under section 86.1 of the Professional Code. The Fonds d’assurance operates in virtue of an insurer’s licence issued by the Autorité des marchés financiers on April 14, 1988. It commenced its operations on May 1st, 1988.

Mission

The mission of the Fonds d’assurance is to provide long-term, not-for-profit, professional liability insurance to the members of the Barreau du Québec.

Governance

Under section 174.6 of the Loi sur les assurances, RLRQ c A-32, the Fonds d’assurance is administered by a board of directors that is independent of that of the Professional Order. This provision remains in force until March 31, 2020 (Decree 553-2019 of June 5, 2019).

There are four committees of the Board of Directors :

       Audit Committee

       Investment Committee

       Governance and Human Resources Committee

       Ethics Committee