Dave is Chief Operating Officer and Senior Vice President of HSB BI&I.
Mr. Picot has held a range of executive positions including responsibility for Equipment Breakdown Underwriting, Engineering and Claims. His current responsibilities include overseeing commercial brokerage business through its national network of branch and regional offices, reinsurance assumed and new strategic products. Mr. Picot originally joined HSB BI&I in 1981 as a marketing services coordinator in Toronto and was promoted to regional representative for Manitoba/Northern Ontario in 1984. In 1986 Dave left HSB BI&I to join Reed Stenhouse Limited where he held various marketing, sales and management positions over a 10 year period. Looking to get back into Equipment Breakdown insurance, he joined the Kemper Insurance Company of Canada as a Senior B&M Underwriter in 1996. In 1997, Mr. Picot re-joined HSB BI&I as Toronto Branch Manager and was promoted to Director in 2003. The Board of Directors appointed Dave Assistant Vice President in 2004, Vice President and Corporate Secretary in 2006, Senior Vice President and Corporate Secretary in April 2012, Chief Financial Officer in 2012 and Chief Operating Officer, Senior Vice President and Corporate Secretary in 2014.
Mr. Picot has a Bachelor of Arts degree from the University of Western Ontario. He earned a Chartered Insurance Professional (CIP) designation in 1989 and a Fellowship of Chartered Insurance Professional (Honours) designation in 2006, both from the Insurance Institute of Canada. Mr. Picot has been a guest lecturer for the Insurance Institute of Canada and served two terms on the Insurance Bureau of Canada’s National Underwriting Committee. In addition he served as a Little League coach in the Town of Oakville for three years.