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Matthew Turack - CAA South Central Ontario. Thornhill, ON, CA

Matthew Turack Matthew Turack

Insurance Companies President | CAA South Central Ontario

Thornhill, ON, CANADA

Matthew Turack is an executive insurance leader with over 18 years of experience

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Biography

Matthew is a dynamic, team-oriented, and innovative President who possesses excellent interpersonal, analytic, and project management skills. Over Matthew’s 18 years of insurance experience, he has successfully lead teams of underwriters, actuaries, claims, and sales/service professionals in product design, rate making and the development of risk models.

Matthew has been honoured to speak at many insurance industry events about the organization’s success and experiences in implementing industry-leading technologies.

Matthew holds a Bachelor in Business Management degree; completed the Business Design Program at the Rotman School of Business, and is a Chartered Insurance Operations Professional. He is also currently completing his Certified Accountant designation. On a personal note, Matthew is a devoted husband and father of two girls, and is also an avid golfer.

Industry Expertise (3)

Insurance Business Services Corporate Leadership

Areas of Expertise (4)

Management Strategic Planning Travel Insurance Property & Casualty Insurance

Education (1)

Rotman School of Business: Business Design, Business

Media Appearances (16)

Pay-as-you-go auto insurance coming to Ontario this summer

Insurance Business Magazine  online

2018-09-29

“We are now entering a new chapter at CAA Insurance. We believe that insurance should be designed based on individual lifestyles and stages of people’s lives,” said Matthew Turack, CAA president, during the press conference. “People should be able to get the insurance when they need it and at the price that works for them.”

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CAA unveils 'pay as you go' insurance

CTV Northern Ontario  online

2018-09-24

The Canadian Automobile Association is launching a new policy that allows you to pay for insurance based on mileage.

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New Telematics Product For Infrequent Drivers

Canadian Underwriter  print

2018-07-31

Clients who select MyPace "will start with a base rate and be charged in 1,000 kilometre increments", CAA Insurance president Matthew Turack said during a press conference.

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CAA MyPace Now Available In Ontario

Canadian Auto World  online

2018-07-12

“CAA MyPace has been generating a great deal of interest in the market, and we’re excited to offer this new program to Ontario drivers,” said Matthew Turack, president, CAA Insurance Company.

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Pay-as-you-go Auto Insurance

CI Top Broker  online

2018-06-01

Matthew Turack explains how CAA Insurance’s new product for low-mileage drivers works.

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CAA considers launching pay-as-you-go auto insurance in PEI

Insurance Business Magazine  online

2018-06-01

“We’re going to work with each one of them individually taking the experiences we have gotten from Ontario… and really look at what is the right fit for each individual province,” Turack said.

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Pay-as-you-go car insurance could be possible for P.E.I. drivers

CBC PEI  online

2018-05-31

"We're going to work with each one of them individually taking the experiences we have gotten from Ontario … and really look at what is the right fit for each individual province," he said.

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Winter tires cut auto insurance claims frequency: CAA

Canadian Underwriter  online

2018-05-28

“Claims are reduced when people have winter tires on their cars, especially driving in climates like we have in Ontario,” CAA Insurance president Matthew Turak said Wednesday during a press conference at Toronto Union Station.

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CAA introduces pay-per-mile insurance for Ontario drivers

CI Top Broker  online

2018-05-23

“People should be able to access the insurance they need, when they need it at a price and payment schedule that works for them,” CAA Insurance president Matthew Turack said in a news release. “CAA MyPace brings Ontario motorists one step closer to that reality.”

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Broker training underway for new distance-based auto insurance

Canadian Underwriter  online

2018-05-23

“FSCO mandates that we do not reflect the cost related to the device or the billing of the program back to the consumers,” Turak said Wednesday during the launch of MyPace. “None of our costs that the consumer would pay includes any aspect of that it is completely absorbed by us.”

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'Pay as you go' auto insurance rolls out in Ontario

The Toronto Star  

2018-05-23

“We believe that insurance options should be designed based on individual lifestyles and the various stages of people’s lives,” CAA Insurance president Matthew Turack said Wednesday at Toronto’s Union Station. “People should be able to access the insurance they need, when they need it, at a price and payment schedule that works for them.”

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CAA unveils pay-as-you-go car insurance

CP24  online

2018-05-23

CAA MyPace Interview

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Willis Towers Watson announces CAA Insurance now offering real-time upload of auto and property insurance through BrovadaOne platform

Willis Towers Watson  

2016-11-23

"Brovada One streamlines the insurance buying process and allows us to deliver on our promise of service excellence," said Matthew Turack, Division President, CAA Insurance. “We wanted to provide our broker channel with a platform that made it easy to do business with us and demonstrate our commitment to support positive growth through brokers.”

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CAA Insurance expands strategic relationships in broker market with appointment of 17 brokerages

Canadian Underwriter  

2016-06-16

CAA Insurance Company announced on Thursday that it has appointed 17 “well-known and experienced brokerage firms across Ontario” to provide its customers with more choice.

Strive for progress not perfection“The decision to enter the broker market was a simple one,” said Matthew Turack, president of CAA Insurance Company said in a press release. “What distinguishes our unique approach from other insurers is our ability to offer one rate whether customers buy direct or through a broker.”

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CAA Insurance Enhances Digital Customer Experience with Guidewire Systems

Insurance Innovation Reporter  

2015-09-21

“Our positive experiences with the innovation and quality of InsuranceSuite were important factors in our selection of Quote and Buy Portal and Account Management Portal for Policyholders,” says Matthew Turack, division president, Insurance, CAA South Central Ontario. “We are excited about the added functionality we will be able to offer to our policyholders, which builds on the brand and reputation we’ve established in the Canadian P&C industry.”

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CAA to offer coverage for high net worth Canadians

Insurance Business Magazine  online

2015-04-02

The Canadian Automobile Association, representing more than six million members across Canada, has announced that it will now offer a tailored insurance solution for high net worth clients called CAA Distinct.

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