2020  Annual Report
Chair, Terry Knight   s theme for 2020 was,    2020 Vision  Setting Our Sights on Future Success   . The concept of mainta...
2020 OMIA BOARD OF DIRECTORS  Terry Knight Chair Group C Director North Blenheim Mutual  Neil Shay Director at Large CTM I...
2020  Annual Report
ONTARIO MUTUAL INSURANCE ASSOCIATION President   Management  Sharon Dittmer Treasurer Manager, Administrative Services  Jo...
Policyholders, People, Pro   t.  2020 ANNUAL CONVENTION Web Meeting  April 29, 2020  OMIA   s 138th Annual General Meeting...
POLICYHOLDERS, PEOPLE, PROFIT  5. BYLAW AMENDMENT Bob Burley provided a review of the reason for this membership category ...
2020 PRESIDENTS   MANAGERS Web Meeting  October 27, 2020 In a year of    firsts   , the first ever virtual Presidents   Ma...
2020 COMMITTEE REPORTS The OMIA Membership has a long tradition of working together to achieve goals, develop strategies a...
Accounting Advisory Committee Report Mandate - to assist member companies in meeting requirements for audit and financial ...
In 2020 it was announced that IFRS-17 would be delayed by one year and currently has a target effective date of January 1,...
Auto Rate Filing Committee Strategic Directions 1.  Committee responsibility and awareness  education and communication   ...
Automobile Committee Report Mandate - To develop OMIA   s position on auto insurance issues and communicate with the indus...
The purpose of mandatory mediation was to bring plaintiff and defendants together in an environment for early resolution o...
Benefits Committee Report Mandate -To provide guidance on issues related to employee benefit programs and company benefit ...
Information sessions were held in December 2018 and OMIA requested input from members on the potential changes early in 20...
Following the market volatility that started in March 2020, a majority of the Defined Benefit pension plans experienced si...
Committee closely monitors this trend and potential methods to reduce claims costs, while still providing a competitive be...
employee orientation onboarding, and completing pay equity assessments. Given the COVID-19 pandemic, the HR Roundtable sch...
Data Strategy Committee Report Vision     Better Data. Better Decisions. Knowledge Beyond Intuition. Mission     To facili...
2020  Annual Report
Legislative Affairs Committee Report Mandate - To communicate the association   s position on legislative issues to our el...
Our second speaker was MPP Stan Cho  Willowdale . MPP Cho is the Parliamentary Assistant to the Minister of Finance and si...
Tort Reform MPP Norm Miller   s Private Members Bill 118, an act to amend the Occupiers Liability Act, moved rapidly forwa...
Market Issues Committee Report Mandate - To gather and analyze industry market information that affects Mutuals    ability...
IBC were extremely proactive in launching a Business Insurance Action Team program. The program had two important features...
Treatment of Consumers and we can probably expect more regulatory oversight on market conduct and insurance sales over the...
Priority Exhibitions OMIA Marketing facilitated the Ontario Mutuals presence at the London Farm Show in early March, the l...
2020  Annual Report
Composition of the Committee The composition of the product strategy committee is structured to provide an appreciation of...
on specific points from over 40 independent insurance companies. We have had some challenges, but remain committed to inve...
FSRA continues to take steps to refine its regulatory structure and its relationship with stakeholders. FSRA   s organizat...
In addition to consultations with FSRA, we anticipate that the Regulatory Review Committee and the Regulatory Compliance R...
OMIA GROUPS OMIA   s voting members are constituted into five distinct groups linked by geography and tradition. The group...
Group E Meeting  Thursday, November 19th, 2020 Allan Sheppard, Chair of HTM Insurance, welcomed over 40 participants to Gr...
2020  Annual Report
At this point, Rob was already a seasoned leader in the insurance field however, he continued to build his leadership skil...
2020 OMIA OUTSTANDING CONTRIBUTOR AWARD Dumfries Mutual Insurance Company  The Outstanding Contributor Award is presented ...
During his tenure with the Association, Walter Cross helped establish the supplemental reinsurance pool, the forerunner of...
2020 APPOINTMENTS Transforming the Mutuals  SASKATCHEWAN MUTUAL Senior Vice President  Rob Jones was appointed as Senior V...
2020 APPOINTMENTS Transforming the Mutuals  BRANT MUTUAL President   CEO  Jeff Barnard was appointed as President   CEO ef...
Ontario Mutual Insurance Association Financial Statements Year ended December 31, 2020  7 Union Street East Waterloo, Onta...
Independent Auditor s Report to the Directors of Ontario Mutual Insurance Association  Continued  Auditor s Responsibiliti...
OntarioMUTUAL MutualINSURANCE Insurance ASSOCIATION Association ONTARIO  Statement of of Financial andChanges Changesinin ...
OntarioMUTUAL MutualINSURANCE Insurance ASSOCIATION Association ONTARIO Statement Operations Statement of of Operations De...
OntarioMUTUAL MutualINSURANCE Insurance ASSOCIATION Association ONTARIO Statement of Cash CashFlows Flows Statement of Dec...
Ontario InsuranceAssociation Association OntarioMutual Mutual Insurance Notes Statements Notesto toFinancial Financial Sta...
Ontario Mutual Insurance Association  Ontario Mutual Insurance Association Notes to Financial Statements Notes to Financia...
Ontario Mutual Insurance Association NotesMutual to Financial Statements Ontario Insurance Association December 31, 2020 N...
Ontario Mutual Insurance Association  Ontario Mutual Insurance Association Notes to Financial Statements Notes to Financia...
Mission  To Serve and Strengthen Our Mutual Insurance Community Vision  Grassroots Insurance at the Core of Thriving Commu...