Jim Murphy joins another financial services association

The industry player may have just upped his professional profile, with a leading position at a not-for-profit organization often considered a role model for CAAMP

Former CAAMP president and CEO Jim Murphy has joined the Insurance Brokers Institute of Ontario.

“I am delighted to be joining the Insurance Brokers Association of Ontario,” Murphy said in an official release. “I’m looking forward to working with the board and our engaged membership to address the pressing issues facing the insurance industry.”

Murphy served as the president and CEO of CAAMP since March 2007.

“Our members have asked us to focus on three strategic pillars—advocacy, education, and sustainability of the channel,” said Michael Brattman, President of IBAO. “We are very pleased to have Jim join the IBAO team. His depth of advocacy and membership association experience will help focus our efforts and deliver value to our members.”

Murphy was said to have left to pursue a role with a not-for-profit, according to CAAMP’s release, published Friday.

CAAMP announced Murphy’s departure on Friday and the organization said it was surprised by his decision to leave.

“Jim tendered his resignation because a new opportunity presented itself,” Dan Putnam, current CAAMP chair told MortgageBrokerNews.ca following the announcement. “We were surprised by his resignation.”

According to the IBAO it is “a ‘not for profit’ association that represents and serves the interests of over 12,000 independent Property & Casualty Insurance Brokers in the Province of Ontario.”