ICBC (Insurance Corporation of British Columbia)

The Insurance Corporation of British Columbia (ICBC) is a provincial Crown corporation established in 1973, serving as the sole provider of universal, compulsory basic auto insurance for all motorists in British Columbia, Canada. It operates under various acts and is one of Canada's largest property and casualty insurers, employing over 5,000 staff across multiple claims centres and driver licensing locations. ICBC offers mandatory basic auto insurance, which includes essential coverage options such as third-party liability and accident benefits. Additionally, it provides optional auto insurance through a network of independent brokers and government agents. The corporation also manages driver and vehicle services, including vehicle registration and licensing, and processes approximately 900,000 claims annually. ICBC is committed to road safety initiatives and has modernized its operations to enhance customer service and efficiency.