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Posted February 19, 2008
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LAWPRO Appointment

Kathleen Waters appointed LAWPRO President & CEO

TORONTO - Kathleen A. Waters will become President and Chief Executive Officers of the Lawyers' Professional Indemnity Company (LAWPRO) and a member of its Board effective March 31, 2008, the LAWPRO Board of Directors announced.

Ms. Waters is currently Vice-President of LAWPRO's TitlePLUS program and LawPRO's Chief Privacy Officer. She succeeds retiring President & CEO Michelle L.M. Strom who said of her successor, "Kathleen's legal background and links to the legal community, her strong leadership and inter-personal skills, coupled with her experience in managing all aspects of our TitlePLUS business make her the ideal candidate to lead this organization. I speak on behalf of the entire LAWPRO organization when I say that we are extremely pleased that our Board has selected Ms. Waters to lead this organization into the future."

A former partner at the Toronto law firm of Torkin Manes Cohen Arbus LLP, Ms. Waters joined LAWPRO in 1995 with a mandate to develop and build a lawyer-centric title insurance option and related technology tools for Ontario's real estate bar. Under her guidance, the TitlePLUS program has grown into one of Canada's four largest and most "high-tech" title insurers. Ms. Waters also was instrumental in securing membership for LAWPRO in NABRTI (North American Bar-related Title Insurers); LAWPRO still is the first and only Canadian title insurer admitted to that organization, and Ms. Waters now serves as NABRTI's Secretary-Treasurer. As a member of LAWPRO's senior management team, she has also contributed to building LAWPRO into a progressive, customer-focused, and financially sound insurance company. She maintains strong links to the practising bar through her ongoing participation on the Executive of the Real Property Section of the Ontario Bar Association, the Working Group on Lawyers and Real Estate and the Joint Committee for Electronic Registration. As well, she is co-chair of the Real Estate Fraud Committee, a multi-stakeholder committee comprising representatives from the insurance, government, and financial sectors.

Speaking on behalf of the Board, Ian Croft, Chair of the LAWPRO Board of Directors, said, "We are extremely pleased that Kathleen has accepted the position as President and CEO of LAWPRO; she brings to this position both continuity and a fresh new perspective -- exactly what the Board had been looking for in our search for a successor to Michelle.

"We also take this opportunity to thank Michelle for her leadership over the past seven years, and wish her all the best as she pursues retirement and other options."

Ms. Waters graduated from the University of Toronto, Faculty of Law (LL.B.) in 1985 and was called to the bar in 1987. She received her LL.M. in real estate law from Osgoode Hall Law School in 2001. In her law practice, she gained extensive practice experience in real estate law, related administrative law (including rent control, municipal and environmental law), and the repair and/or defence of negligence claims against lawyers.

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