# Workplace Safety and Insurance Board

Workplace Safety and Insurance Board is an Insurance based in Toronto, Canada.

## Overview

- **Organization type:** Insurance
- **Headquarters:** Toronto, Canada
- **Region:** North America
- **Address:** Toronto, ON, Canada
- **Founded:** 1914
- **Assets under management:** Undisclosed
- **Website:** wsib.ca
- **LinkedIn:** https://www.linkedin.com/company/wsib

## Regulatory record

- **Reports private funds:** No

## About

The Workplace Safety and Insurance Board is a Toronto-based insurance company with approximately $28.1 billion in assets. It operates primarily in North America.

## Sectors

- Real Estate
- Infrastructure
- Insurance

## Offices

- London, ON, Canada

## People

- Jeffery Lang — President and Chief Executive Officer
- Grant Walsh — Chair of the Board of Directors

## Questions

### Who runs investment decisions at the Workplace Safety and Insurance Board?

Jeffery Lang, as President and CEO, holds ultimate executive responsibility for WSIB's operations, including the investment portfolio. Day-to-day asset management is delegated to the Investment Management Corporation of Ontario (IMCO), the public-asset manager Ontario established in 2017 to serve provincial clients like WSIB and the Ontario Pension Board. Strategic asset-allocation decisions remain with the WSIB board and executive team.

### How is WSIB structured in relation to the Ontario government?

WSIB is a statutory corporation and trust agency of the Province of Ontario, created under the Workplace Safety and Insurance Act. It operates independently from the government in day-to-day functions, including investment decisions, but it reports to the Ontario legislature and its board members are appointed by the provincial government. The insurance fund exists to cover workers' compensation liabilities, not to generate profit for the province.

### Does WSIB manage its assets internally or through external managers?

WSIB pools its investment assets with other Ontario public-sector entities through IMCO, which provides centralized portfolio management. IMCO handles manager selection, asset allocation execution, and direct investments in real estate and infrastructure. WSIB itself maintains governance oversight and sets the long-term investment policy, but does not operate an in-house trading desk.

### What is WSIB's relationship with Paris Aligned Asset Owners?

WSIB participates in the Paris Aligned Asset Owners initiative through its investment manager, IMCO. This gives the board access to a network of institutional investors committed to net-zero portfolio alignment by 2050. The membership reflects an environmental, social, and governance posture that Ontario's public-sector asset owners have increasingly adopted, though the direct investment implications remain subject to the WSIB board's own policy decisions.

## Related profiles

- [Workers Pension Trust](https://altss.com/profile/workers-pension-trust)
- [WorkSafe Victoria](https://altss.com/profile/worksafe-victoria)

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Last updated: 2026-06-03T20:00:00.000Z

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