Toronto, ON — September 8, 2025
MSA Research, Canada’s leading independent provider of financial analytics and insights for the insurance industry, is pleased to announce key leadership changes that mark a new chapter in the company’s evolution.
Joel Baker, Founder and long-time CEO of MSA Research, will transition into the role of Vice-Chairman. Joel’s visionary leadership since founding MSA in 2003 has positioned the firm as a cornerstone of the Canadian insurance landscape. In his new role, Joel will continue to provide strategic guidance and industry thought leadership.
Stepping into the role of Chief Executive Officer is Nevina Kishun, previously President of MSA Research. Nevina brings a dynamic blend of strategic acumen and deep industry experience, having played a pivotal role in MSA’s integration into the Valani Global family of companies. Her leadership will focus on innovation, client engagement, and expanding MSA’s impact.
Joining the executive team as Vice President is Sarah Fong, a seasoned economist and policy expert with extensive experience in government and regulatory affairs, and insurance analytics. Sarah previously held senior roles with Travelers Canada and the Insurance Bureau of Canada where her collaborative approach and deep industry insights earned her recognition as a trusted voice in the insurance industry. She played a key role in aligning senior executives to establish positions with government officials on complex regulatory issues facing the industry, such as regulatory capital, IFRS 17 accounting and tax policy and non-financial risk guidance. She played an active role in global forums representing the Canadian P&C industry on issues such as reinsurance and the OECD BEPS initiatives on global minimum tax. Most recently, she delivered impactful positions to government on key auto insurance industry matters including fraud and auto insurance reforms. Her appointment reflects MSA’s commitment to partnering with key stakeholders to address the industry’s evolving needs through data-driven decision-making.
“These leadership changes reflect our commitment to continuity, innovation, and excellence,” said Nazir Valani, Chairman of MSA Research. “Joel’s continued involvement ensures we retain our founding vision which will be complemented by Nevina and Sarah’s expertise to propel MSA forward.”
MSA Research remains dedicated to delivering unparalleled financial intelligence, software solutions, and industry events that empower Canada’s insurance professionals.
For media inquiries, please contact:
Olajumoke Awotungase
Email: olajumoke.awotungase@msaresearch.com
Website: www.msaresearch.com