The Co-operators Group Limited is a Canadian multi-line insurance and financial services cooperative with CAD 47.3 billion in assets under management. Its subsidiary companies provide solutions in four core areas: property and casualty insurance, life insurance, institutional asset management and brokerage operations. The cooperative company is supported by 6,249 employees and a financial advisor network with 2,530 licensed insurance representatives. Its member organisations include cooperative organisations, credit union centrals and representative farm organisations. Co-operators is a signatory to the United Nations Principles for Sustainable Insurance and Principles for Responsible Investment. For more information visit their website.
Wildfire resilience events
In 2019, 125 Canadian communities joined in a national effort to reduce wildfire risk. In partnership with FireSmart® Canada, the Institute for Catastrophic Loss Reduction, and the National Fire Protection Association, Co-operators contributed funding and resources to promote and support Wildfire Community Preparedness Day events — raising awareness and encouraging wildfire resiliency at home through the clearing of dead or combustible vegetation, the installation of wildfire-resilient landscaping, and the use of fire-resistant roofing materials.
Water First Education and Training
Water First Education and Training Inc., a registered charitable organisation based in Creemore, Ontario. Water First is dedicated to working with First Nations communities — through education, training and meaningful collaboration — to resolve local water challenges. Paid internship opportunities take place in local communities and support Indigenous youth, by providing the customised skills, training and tutoring needed to obtain certifications in drinking-water treatment and environmental water-quality monitoring.
Flood mapping technology
Using industry-leading flood-mapping technology, Co-operators is able to pinpoint flood risk down to an individual household. In 2018, The company was able to make Comprehensive Water insurance available to all homeowners in Canada. In 2019, it expanded its offering by making this coverage available to all risk types and all property types — including cottages and seasonal dwellings, apartments and condos.
Partners for Action Network
Co-operators is a founding partner in the Partners for Action Network (P4A), an applied research network based on the University of Waterloo dedicated to reducing the risk of flood damage and advancing flood resilience in Canadian communities. The P4A advances flood resiliency the promotion of flood awareness and preparedness, as well as strategies to adapt to and prevent flooding events.
