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Grassroots 2021

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A Rich History The farm mutuals started in the mid-1800s and have remained strong, stable and reliable throughout the years. Although their roots are agricultural, today they offer a full range of home, auto, business and farm insurance. They are part of the fabric of communities across the province, and have been for generations.Working Together, For the Good of All The Ontario Mutuals brand is managed through its trade association OMIA, (Ontario Mutual Insurance Association) who develops marketing, communication and consumer solutions for its member companies. The Association was formed in 1882 and originally went by the name Purely Mutual Underwriters Association, and later, Mutual Fire Underwriters Association. The Canadian Association of Mutual Insurance Companies, or CAMIC, networks mutuals nationally.Rooted in Community Ontario Mutuals is the overarching brand for 38 independent, 100% Canadian, property and casualty insurance companies across the province. Community based, mutual companies are owned and operated for the benet of policyholders. ere are no shareholders. Each mutual’s board of directors is elected from among its policyholders. Premiums, together with income from investments, are used to pay losses sustained by the policyholders as well as the expenses of running the company. Any excess surplus generated on a year to year basis either remains in the company’s surplus account for the benet of the policyholders or may from time to time be refunded to policyholders.

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A Strong & Sophisticated Financial Model Ontario’s purely mutual insurance companies participate in what is called the Fire Mutuals Guarantee Fund. Formed in 1976, the Fund places surplus of all member companies behind any one of the members. In the very unlikely event of the insolvency of one of the members, all other member mutuals would cover 100% of current insurance claims, and policyholders would not lose any unearned premiums paid.The Mutuals also own their own reinsurance company. Farm Mutual Re was the rst Canadian-owned reinsurance company when formed in 1959 and is one of only two Canadian-owned reinsurers in existence today.Quick FactsNumber of Farm Mutuals: 38Formed: 1856 to 1910Ontario Ownership: 100%Employees: over 1,400Policyholder Directors: about 300Policyholders: more than 450,000Financial Stability• $1.4 Billion policyholders’ surplus (among highest in Canada)• Formed in 1959, Farm Mutual Re is one of only two 100% Canadian reinsurers• The Fire Mutuals Guarantee Fund was formed in 1976, protecting policyholders through surplus of all farm mutuals and Farm Mutual Re2021 PremiumsTotal $1.07 Billion (10th largest in Ontario) including:Property $586 Million (6th largest in Ontario)Auto $394 Million (12th largest in Ontario)1920s Convention Delegates of the Mutual Fire Underwriters’ Association

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Algoma Mutual ThessalonAmherst Island Mutual StellaAxiom Mutual Zurich & StrathroyAyr Farmers Mutual AyrBay of Quinte Mutual PictonBCM Insurance Welland (Pelham)Brant Mutual BrantfordCaradoc Townsend Mutual Waterford & KilworthCayuga Mutual CayugaThe Commonwell Lindsay & Perth Dufferin Mutual ShelburneDumfries Mutual ShefeldEdge Mutual DraytonErie Mutual DunnvilleGermania Mutual AytonGrenville Mutual KemptvilleHTM Insurance CobourgHalwell Mutual GuelphHeartland Farm Mutual Waterloo & ThamesfordHoward Mutual Ridgetown & BlenheimHowick Mutual WinghamKent & Essex Mutual ChathamL&A Mutual NapaneeLambton Mutual WatfordMaple Mutual Dresden McKillop Mutual SeaforthMiddlesex Mutual IldertonNorth Blenheim Mutual BrightNova Mutual Simcoe & JarvisPeel Mutual BramptonSouth Easthope Mutual TavistockTradition Mutual SebringvilleTrillium Mutual ListowelUsborne & Hibbert Mutual ExeterWest Elgin Mutual Dutton Westminster Mutual BelmontWest Wawanosh Mutual GoderichYarmouth Mutual St.ThomasProtecting Communities Across Ontario350 Pinebush Road, P.O. Box 3187 Cambridge, Ontario N3H 4S6 Phone: