our purpose

To protect eligible policyholders from undue financial loss in the unlikely event of an industry insolvency.

Who We Are

The Property and Casualty Insurance Compensation Corporation (PACICC) is an industry-funded, not-for-profit guarantee fund, approved by government regulators, to protect policyholders and claimants, in the unlikely event of the failure of a property and casualty (P&C) insurer in Canada.

What We Do

protect eligible policyholders

We protect eligible policyholders from undue financial loss in the event that a member insurer becomes insolvent

minimize
costs

We minimize the costs of insurer insolvencies

maintain
confidence

We seek to maintain a high level of consumer and business confidence in Canada’s property and casualty insurance industry


What’s New

Canadian Underwriter Podcast – What’s on Dec? | Episode 15 | What’s shaking with quake?

PACICC Appoints a New Board Chair and Welcomes New Board Members

PACICC Board makes inflation adjustment for personal lines benefit limits First-time implementation of new inflation-protection policy


Collective Strength — Learn more >
The International Forum of Insurance Guarantee Schemes (IFIGS)