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Michel Turcotte receives Donald M. Stuart Award at RIMS Canada

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Michel Turcotte receives Donald M. Stuart Award at RIMS Canada

SASKATOON, Saskatchewan — Michel Turcotte, senior director of risk management and insurance at Montreal-based Ivanhoe Cambridge Inc., has received the Donald M. Stuart Award for his pioneering work in risk management in French-speaking Quebec, including translating risk management education materials into his native language.

Bestowed during a luncheon ceremony held Tuesday during the 38th annual RIMS Canada Conference in Saskatoon, Saskatchewan, the award is recognized as Canada's highest honor in the risk management field.

Besides his significant contributions to risk management education, Mr. Turcotte also has developed and implemented risk management programs for major corporations throughout Canada and around the world, most notably launching one of the nation's most complex enterprise risk management programs for Quebecor Media Inc., RIMS said in a statement.

“Under his leadership, the program successfully emphasized the importance of a sound risk management strategy and included components such a risk appetite statement, an insurance and claims management system and, eventually, a fully integrated enterprise risk management program,” RIMS said.

Also presented at the conference was the Fred H. Bossons Award recognizing the risk management professional who earns the highest marks on the three courses required to receive the Canadian risk manager designation. This year's recipient was Gareth J. Lewis, manager of claims at Toronto-based health care liability insurer HIROC.

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