Transcript The Co-operators by Doug Wright - Canadian Worker Co

Canadian Worker
Co-operative
Federation
October 30, 2010
Doug Wright
Vice-President, Co-operative Business
Development
47 Member-Owners in 7 Regions
British
Columbia
6
Alberta
7
Saskatchewan
5
Manitoba
5
Ontario
8
Atlantic
11
Quebec
5
Member-Owners by Region
British Columbia
Ontario
Central 1 Credit Union
Co-operative Auto Network
*Mountain Equipment Co-op (BC,QC)
Okanagan Tree Fruit Cooperative
PBC Health Benefits Society
United Community Services Co-op
*Co-operative Housing Federation of Canada (all regions)
Credit Union Central of Ontario
Gay Lea Foods Co-operative Limited
GROWMARK Inc.
Ontario Federation of Agriculture
Ontario Natural Food Co-op
Organic Meadow Co-operative Inc.
United Steelworkers of America, District 6
Alberta
Alberta Federation of Rural Electrification Associations
* Agrifoods International Cooperative Limited
Credit Union Central Alberta Limited
Lilydale Inc.
Federation of Alberta Gas Co-ops
UFA Co-operative Limited
Wild Rose Agricultural Producers
Quebec
La Coop fédérée
La Fédération des coopératives du Nouveau-Quebec
Fédération des coopératives d’alimentation du Québec
Fédération des coopératives funéraires du Québec
Fédération des coopératives québecoises en milieu scolaire/COOPSCO
Atlantic
Saskatchewan
Access Communications Co-operative Limited
Credit Union Central of Saskatchewan
*Federated Co-operatives Limited (AB, BC, MB, SK)
Regina Community Clinic
Viterra Inc.
Manitoba
Arctic Co-operatives Limited
Credit Union Central of Manitoba
Keystone Agricultural Producers
Granny’s Poultry Cooperative (Manitoba) Ltd.
La Fédération des caisses populaires du Manitoba inc.
Amalgamated Dairies Limited
*Canadian Worker Co-operative Federation
Co-op Atlantic
Credit Union Central of New Brunswick
Credit Union Central of Nova Scotia
Credit Union Central of P.E.I.
Farmers Co-operative Dairy Limited
La Fédération des Caisses Populaires Acadiennes Limitée
Newfoundland/Labrador Federation of Co-operatives
Northumberland Co-operative Limited
Scotsburn Co-operative Services Limited
* indicates multi-region representation
The Co-operators Group Limited
DEMOCRATIC STRUCTURE
47 members
nominate
Delegates to
7 region committees
who nominate
the 22-member
Board of Directors
of
THE CO-OPERATORS GROUP LIMITED
Membership by Sector
8.7%
4.3%
2.2%
37.0%
21.7%
Agriculture
(17 members)
Services
(12 members)
Financial Services
(10 members)
Retail/Consumer
(4 members)
Health
(2 members)
Labour
(1 member)
26.1%
CWCF Delegates
► Hazel Corcoran
► David Wilson
► Yuill Herbert
► Peter Hough
► Mark Goldblatt
► Colin MacDougall
Presentation Information to
Benefits of Membership
Potential Members
► Participation
1) History of the Company
- Region Committee Meetings
- AGM 2) Mission and Vision Statement
- Director3)
Election
Democratic Structure
- Sharing in the directing of a Canadian Co-operative Insurer
4) Current Members by Region
► Member Engagement
Survey
5) Membership
by Sector
6) Business Structure of the company
► Loyalty Program
7) Corporate Profile
8) Role
andPrograms
Responsibility:
► Customized
Insurance
Member,Delegate and Region
Total Member-Owner Business
2002
2003
2004
Premium
73,000,000
76,410,000
83,916,000
Member Loyalty
1.9 M
4.7 M
10.5 M
2005
2006
2007
95,745,000
104,607,186
107,830,975
10.6 M
10.2 M
12.6 M
2008
2009
110,968,370
134,032,888
6.6 M
1.3 M
Program for Members of MemberCustomized Insurance – “MOMO”
Owners
Benefits
To
Make this Program Successful
a)
the “member”
of our member-owner:
1)ForFarm
Insurance
- improved coverages
b)
For
the Member-Owner (Sask.Wheat
- reduced
premiums
Pool):
- Finders fee and renewal fee
b) For the member-owner
- 2% Added”
on new
business
- increased “Value
to your
member
- 1.5% on renewal of the new business
c) For The Co-operators
for at least 3 years
- meeting the needs of our member-owners
 - Value Added Benefits for members
- more informed and pro-active policyholders
 the-trust,
Lossreputation
Ratio Profit
Share Shows Group
- building
and co-operative
awarenessName
Program for Members of MemberMOMO
Owners
Benefits
Benefit Examples
1)
Farm /Insurance
 Health
Dental Benefit
For the Member-Owner (Sask.Wheat Pool):
Commercial
Insurance
- Finders
fee andBenefit
renewal fee
- 2% on new business
Home Policy Benefit
- 1.5% on renewal of the new business
at least 3 years
Auto Policyfor
Benefit
 - Value Added Benefits for members
TravelPackage
- LossBenefit
Ratio Profit Share Shows Group
Name
b)




Thank you
Questions?