Paul Spence
About Paul Spence
Paul Spence is a Senior Specialist in Equipment Breakdown at Intact Insurance Company, where he has worked since 2015. With over 25 years of experience in underwriting and technical training, he has held various roles in notable companies including RSA, Chubb, and Catlin Canada.
Work at Intact Insurance Company
Paul Spence has been employed at Intact Insurance Company as a Senior Specialist in Commercial Lines - Equipment Breakdown since 2015. In this role, he assists the Corporate Commercial Lines Manager with the development and maintenance of computer software and database information. His responsibilities include coordinating system upgrades and improving reporting formats. He also develops, reviews, and updates technical policy wordings and Equipment Breakdown manuals as necessary. Spence plays a key role in ensuring the quality control of underwriting accounts by providing recommendations and reports based on audit findings.
Previous Experience in Insurance
Prior to his current position, Paul Spence held various roles in the insurance industry. He worked at Catlin Canada Inc. as a Senior Boiler & Machinery Underwriter from 2010 to 2014. Before that, he spent 15 years at RSA (Royal & Sun Alliance Insurance Company of Canada) as a Boiler & Machinery Underwriter from 1987 to 2002. He also worked at Chubb Insurance Company of Canada as a Machinery Breakdown Underwriter from 2002 to 2010. Additionally, he briefly served as a Client Services Analyst at Marsh in 2014.
Education and Expertise
Paul Spence studied at Ryerson University, where he earned a Bachelor of Applied Arts (Honors) degree in Business from 1990 to 1998. He also attended DeVry Institute of Technology, where he studied Electronics Engineering Technology and obtained an Electronics Engineering Technology diploma from 1980 to 1983. His educational background supports his expertise in the insurance sector, particularly in equipment breakdown and machinery underwriting.
Technical Training and Development
In addition to his underwriting responsibilities, Paul Spence participates in the development and delivery of technical training programs, presentations, and marketing materials aimed at underwriters, managers, and brokers. He contributes to the development of new products and corporate guidelines that help control insurance risks and enhance profitability. His involvement in training and product development reflects his commitment to advancing industry knowledge and practices.