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

PACICC Welcomes New Board Members

Pandemic a reminder Canada’s insurance industry needs a government backstop for catastrophic events

PACICC Expands Board of Directors


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