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Grassroots 2020

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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 benefit of policyholders There 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 benefit of the policyholders or may from time to time be refunded to policyholders 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

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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 first Canadian owned reinsurance company when formed in 1959 and is one of only two Canadian owned reinsurers in existence today Quick Facts Number of Farm Mutuals 38 Formed 1856 to 1910 Ontario Ownership 100 Employees over 1 100 Policyholder Directors over 300 Policyholders more than 450 000 Financial Stability 1 3 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 Re 2020 Premiums Total 1 015 Billion 11th largest in Ontario including Property 541 Million 6th largest in Ontario Auto 390 Million 11th largest in Ontario 1920s Convention Delegates of the Mutual Fire Underwriters Association

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Protecting Communities Across Ontario Algoma Mutual Thessalon Germania Mutual Ayton Middlesex Mutual Ilderton Amherst Island Mutual Stella Grenville Mutual Kemptville North Blenheim Mutual Bright Halwell Mutual Guelph Nova Mutual Simcoe Jarvis Ayr Farmers Mutual Ayr Heartland Farm Mutual Peel Mutual Brampton Bay of Quinte Mutual Waterloo Picton Thamesford South Easthope Mutual Tavistock BCM Insurance Howard Mutual Welland Pelham Ridgetown Tradition Mutual Blenheim Sebringville Brant Mutual Brantford CTM Insurance Waterford Komoka Howick Mutual Wingham HT C Mutual Zurich Strathroy Cayuga Mutual Cayuga HTM Insurance Cobourg The Commonwell Lindsay Perth Alexandria Kent Essex Mutual Chatham Dufferin Mutual Shelburne Dumfries Mutual Sheffield Edge Mutual Drayton Erie Mutual Dunnville L A Mutual Napanee Trillium Mutual Listowel Usborne Hibbert Mutual Exeter Westminster Mutual Belmont West Elgin Mutual Dutton Lambton Mutual Watford West Wawanosh Mutual Goderich Maple Mutual Dresden Yarmouth Mutual St Thomas McKillop Mutual Seaforth www ontariomutuals ca 350 Pinebush Road P O Box 3187 Cambridge Ontario N3H 4S6 Phone 519 622 9220 www omia com