ICBC offers insight into future of driving in British Columbia

A sold out Pacific Ballroom at the Victoria Marriott Inner Harbour heard from ICBC Interim President and CEO Jason McDaniel last week, as he candidly discussed the road ahead for the Crown Corporation.

The latest in The Chamber’s series of Business Leaders Luncheons was facilitated by Chamber Board member Mary Lou Newbold, Chief EyeCare Officer at Mayfair Optometric Clinic.

McDaniel offered insight into how ICBC is planning for uncertain times, as well as an update on a major change to how the insurer compensates drivers involved in accidents. The “no fault” model, which McDaniel prefers to call “enhanced care” is up for review by the province next year.

McDaniel also answered questions about proposed changes to the licensing system —including the removal of the second road test.

The event ended with a thoughtful discussion of a question posed by Kyle Granger of ColdStar Solutions about using technology to reduce costs based on advanced driving metrics. The idea of tracking how large vehicles are operated is an interesting opportunity for professional drivers, as well as one that could lead to innovation that helps regular drivers as well.