Steve Phillips

Steve Phillips

Executive Vice President,
Chief Operating Officer
Sovereign General

Toronto, Ontario

As EVP, Chief Operating Officer, Sovereign, Steve provides leadership to the company's team of professionals and is accountable for the organization's underwriting performance and growth in addition to overseeing Federated Agencies Ltd. P&C operations and liaising with Premier Group to support its strategic alignment within the group of companies.

Steve joined The Co-operators in January 2017, and brought a wealth of over 20 years of leadership experience in the insurance and financial services sector along with him, including a variety executive-level roles at two major Canadian banks and a global insurer with more than $8 billion in annual revenue. In addition, Steve was the owner of a consulting company where he helped financial services organizations develop and deliver customer and growth strategies.

Steve holds an MBA, Marketing & Finance from the Richard Ivey School of Business and a BA (Hons) Economics from University of Western Ontario; as well as a Director's Education Program (ICD.D) designation from the Rotman School of Management/Institute of Corporate Directors. He has served on a number of Boards, including the CIBC Life Insurance Company in 2014, and was Vice-Chair of the Canadian Association of Financial Institutions in Insurance from 2004 to 2006. Steve currently sits on the Board of the Muskoka Lakes Association.