SUMAssure Election

During the SUMA convention the SUMAssure AGM was held. During the course of the meeting I was elected to be a Director of the municipally owned insurance reciprocal. My responsibilities are two-fold:

• run the company with policy decision and oversee their implementation, and
• protect the interests of the subscribers.

Briefly:

• SUMAssure is owned by the subscribers.
• SUMAssure is a model which exists in both Alberta and Manitoba, and in many other jurisdictions. Lawyers, hotel operators, libraries and school boards across the nation use this model.
• SUMAssure designs and delivers a risk management product that municipalities need. Municipalities are complex operations and the insurance coverage they need can now be tailored to suit them.

Here is some more information regarding SUMAssure:

Mission: We provide ownership and protection for urban governments and related entities throughout the province by offering municipal insurance, risk management and premium stability.

Vision: SUMAssure – providing risk management solutions for all Saskatchewan cities, towns and villages.

Values: SUMAssure is committed to the following fundamental principles and beliefs. These principles and beliefs guide our behaviours, decision-making processes, actions, programs and services:

• Reliable - We are dependable, consistent and trustworthy
• Integrity - Our processes are fair, ethical and transparent
• Responsive - We make every effort to meet the needs of our subscribers
• Strategic - We think, plan and operate in a planned and strategic manner
• Transparent - We are open and accountable to our subscribers and partners
• Collaborative - We work in partnership with our subscribers and strategic partners
• Innovative - We are progressive and dynamic organization open to new ideas

The SUMAssure Insurance Reciprocal is a not-for-profit reciprocal insurance exchange owned by its subscribing urban municipalities. SUMAssure is devoted exclusively to providing Saskatchewan’s urban municipalities with the best possible insurance program at the lowest possible cost.