Saskatchewan Mutual Insurance

SMI was originally established in 1908 by a group of pioneer farmers searching for a way to meet their shared need for affordable, easily available insurance coverage. SMI was created with a pioneering spirit that has remained successful for more than a century and has delivered service and stability to many of the policyholders. SMI policyholders have the right to vote and can elect the Board of directors, which will supervise and implement long-term strategic goals. SMI is a federally licensed property & casualty (P&C), insurer that operates in Saskatchewan and Alberta. The company generates over $83 Million in direct written premiums annually. SMI is managed by the Office of the Superintendent of Financial Institutions. The company employs about 75 people and provides commodities via an independent brokerage. The Company's headquarters is in Saskatoon, and it has service centers in Calgary and Regina.