SUMAssure was created by the Saskatchewan Urban Municipalities Association (SUMA), after its members passed a resolution asking for a group insurance program. Cities and hometowns were concerned about their rates and coverage, and turned to SUMA for help. Other associations like SUMA had created similar programs, and SUMAssure was based on the best practices and lessons learned by those associations.
Launched in 2009, the program is structured to provide a collective self-insurance limit, access to larger insurance markets for excess insurance required, provide municipal insurance expertise, faster settlement of claims, better coverage, and proactive risk management. With the ultimate goal of providing rate stability to members. Since the program began we have offered more than two dozen enhancements that were not covered by traditional insurance providers.
SUMAssure is a robust competitor in municipal insurance, and we continue to operate under the oversight of the Saskatchewan Superintendent of Insurance and a Management Board elected by our members. The program is available to SUMA members—urban municipalities and related entities such as regional water systems and waste management boards.
We provide access to property and liability coverage, and offer advantages over traditional carriers:
- Expertise in municipal insurance
- Broader coverage
- Municipal tailored service
- Faster settlement of claims
- Proactive risk management
- Rate stability
- Owned and governed by members
So, what’s an insurance reciprocal, exactly?
Insurance at its core is people getting together and agreeing to help each other out in a time of need.
An alternative to traditional insurance, an insurance reciprocal is owned and governed by subscribers (also referred to as members). Operated as a non-profit entity, any profit becomes equity of the members. Each member of the insurance reciprocal agrees to share in the losses and the profits.
Premiums collected are used to purchase excess insurance above the self-insurance limit, cover administrative costs, pay out losses, or used to build equity for members. Just like other insurance companies, SUMAssure is regulated by the Saskatchewan Superintendent of Insurance to make sure the program has enough assets to cover member’s losses.
Visit the Why SUMAssure page to get all the details on why SUMAssure is the best choice for Saskatchewan communities.
SUMAssure will provide exceptional municipal expertise, service, and support to members as the insurance and risk solutions provider of choice.
SUMAssure is the provider of choice for insurance and risk solutions for Saskatchewan communities.
SUMAssure is committed to these fundamental principles and beliefs. They guide our behaviours, decision-making processes, actions, programs and services:
We are fair, ethical, and transparent.
We make every effort to meet the needs of our members.
We work in partnership with our members and partners.
We are a progressive and dynamic organization open to new ideas.
SUMAssure is governed by The Saskatchewan Insurance Act and managed by the SUMAssure Management Board. Board members serve a two-year term and must be from a member municipality.
Kim Gartner, Chair / CAO, Town of Macklin
Glenn George*, Vice-Chair / Mayor, City of Melfort
Margarita Pena, Treasurer / Finance Manager, City of North Battleford
Tara Fritz / CAO, Town of Shaunavon
Bryan Matheson* / Mayor, Town of Lumsden
Rod Perkins* / Mayor, Town of Kindersley
Jim Weninger / CAO, Town of Dalmeny
Elections for four of the board positions take place at the SUMAssure Annual General Meeting. Member municipalities will receive a call for nominations ahead of the meeting. Three board members are nominated by SUMA (noted with an asterisk above).
Governance and Conduct Committee: Tara Fritz – Committee Chair, Bryan Matheson, and Jim Weninger
Audit and Finance Committee: Margarita Pena – Committee Chair, Glenn George, and Rod Perkins.
Board Chair, Kim Gartner is ex-officio on both committees.
Tania Wendling, Chief Executive Officer
Kevin Madden, Principal Attorney and Account Executive (Aon)
Susan Fedyck, Account Executive (Aon)