A bit about me and my vision for FCT
Oct 15th, 2013 | By Michael LeBlanc
Recently in August, I was honoured to become FCT’s second CEO in its 20+ year history. I owe a debt of gratitude to all FCT employees whose contributions have made FCT the industry leader it is today. In my first blog, I would like to introduce myself and give you a glimpse of where I see FCT going in the future.
I have been working with FCT for almost 20 years starting as their Atlantic Regional Director in 1994. Here is the link to my corporate bio if you want all the details. At the time I was practicing law in Nova Scotia and focusing primarily on litigation. As a litigator like an insurer, I had to make judgements about “acceptable” risks- which strategy would minimize the risk for my clients? What were risks that my clients wanted to avoid? And did this risk profile offer any opportunities?
These questions are also relevant to how an insurance company approaches risks. As the pioneer and leader in the Canadian title insurance industry, FCT changed the way homes are bought, sold and mortgaged by introducing a third party risk taker -the title insurer- into these transactions. For over twenty years FCT has been reducing the risk in real estate transactions through innovative products and services for lenders, legal professionals, insurers, real estate agents, mortgage brokers and homeowners like our title insurance, valuation insurance, and indemnity insurance products. We also have a relatively new division providing leading edge solutions reducing the risks in debt and default management.
While I intend to build on this legacy of innovation and risk management, I also know that the changes in the real estate and financial landscape from new market entrants, new technologies, government regulations, are changing the risks in real estate and financial transactions and therefore offering new opportunities. FCT will continue to introduce new solutions to reduce financial risks that build on our core commitment to our customers and ensure that they will “experience excellence.”
We intend this blog to be a gathering point for all professionals (and consumers) involved in the real estate and financial marketplace to discuss risks in Canadian real estate and financial transactions. I say “we” because FCT is a company built on the expertise and excellence from every one of our employees. Through this blog you will meet FCT’s product leaders and experts who will be able to respond to your questions about our products, services and solutions.
As part of FCT’s culture we have a standard saying at the end of a presentation – so I will conclude with it here because it is now your turn – “What questions do you have?”