(Toronto) â€“ Moving forward with a strong voice that advances the shared interests of their members was the outcome of a strategic planning meeting of the members of the Canadian Association of Insurance Reciprocals (CAIR). The members met recently and emerged with a strategic plan that defines their core mission and objectives.
CAIR was founded in 2010 by five reciprocals: the MEARIE Group, the Ontario Municipal Insurance Exchange, the Canadian Universities Reciprocal Insurance Exchange, the Ontario School Boardsâ€™ Insurance Exchange, and the Healthcare Insurance Reciprocal of Canada. Today the Association is comprised of 13 reciprocals from across Canada that represent the interests of members in a wide variety of industries and sectors.
â€œAs Insurance Reciprocals, we face a unique set of challenges and concerns,â€ says Peter Flattery, Board Chair of CAIR and CEO of the Healthcare Insurance Reciprocal of Canada (HIROC). â€œWith the association, we can benefit from harnessing our collective wisdom in order to further the shared interests of insurance reciprocals.â€
Foremost on the list of shared interests is advocating for their members with government insurance regulators and the insurance industry. â€œBeyond providing the reciprocal operating licences, provincial and federal agencies are an essential partner in establishing and maintaining industry standards,â€ says Peter.
CAIR sees building a productive partnership with these agencies as crucial for instilling confidence in subscribers, insurers/reinsurers and the public.
â€œThis meeting helped us define our key priorities which are attracting new members, sharing best practices and relationship-building with key strategic partners,â€ said Peter. â€œWe look forward to being a strong voice for insurance reciprocals in Canada and engaging in productive discussions about the future of our industry.â€
– 30 –
For information, contact: