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Being insured with us means you’re an owner and a member of our company. You can have a say in how we operate through our Board of Directors at our Annual General Meeting.
There are no shareholders demanding high profits… in fact, we’re not looking to make huge profits. The goal is to provide our members with amazing coverage at or near cost.
Any profits of a mutual company are either applied in future rate
reductions or rebated to policyholders. This is the mutual advantage!
Together the companies form one of the largest insurers in Canada, and our unique way of risk sharing provides a cost-effective way of protecting you, our policyholder and member. Everything we do is for your benefit. You have a say in how the company is to be represented and run. Over the years, it has proven to be an extremely successful formula for providing Canadians with secure insurance protection at reasonable costs.
In the 1930s, property insurance was next to impossible to get in rural New Brunswick. In order to protect their farms, four farmers decided to pool their resources and form their own insurance company in 1937. This was the beginning of Stanley Mutual.
At first we wrote only farm policies for fire coverage. Over the years we’ve expanded our offering and now deliver, top-notch, industry-leading homeowner policies as well as auto and commercial insurance. Our newly revamped Home Packages are second-to-none. We also continue to protect many of the farms in the province.
Our first policyholder, who has been with us since day one! Their trust and loyalty inspire us to keep providing exceptional service and support. Here’s to many more years together!
To create a community where the strength of all supports the needs
of each.
To responsibly grow our insurance company and communities the mutual way.
Mutuality – we respect the mutual interest of our members, our team and our communities by sharing the same vision and values
Underwriting – we ensure a progressive, sustainable and profitable organization by providing competitive insurance products through sound underwriting and loss prevention practices
Trust – we demonstrate integrity in all dealings as this is the foundation of our organization
Understanding – maintain an interdependent and diverse culture promoting a positive and supportive team environment to achieve common goals
Accountability – we engage people with clear expectations and empower them to make informed decisions with integrity and professionalism
Lifelong Learning – we achieve professional and personal excellence by continuously improving our skills, our attitudes and our wellness
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