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The MEARIE Group is the only Canadian insurance supplier dedicated to the electricity sector. Created in 1987, MEARIE offers a full range of insurance solutions to the energy sector, including comprehensive general liability, property, vehicle insurance and group benefits. Our clients include electrical utilities, municipalities, small hydro and gas generation, telecommunications, fiber optics and water distribution. MEARIE's focus on energy drives the development of products, coverages and stable pricing that are highly distinctive and responsive to the needs of our subscribers. Operating as a reciprocal insurance exchange, no profits are paid out to shareholders and the costs associated with commissions or brokers' fees are all but eliminated under the reciprocal structure. MEARIE is truly member-driven and exists to serve the energy sector's needs exclusively. The MEARIE Group represents the entities of the Municipal Electric Association Reciprocal Insurance Exchange (MEARIE) and MEARIE Management Inc. (MMI). MMI manages the day-to-day business of the Reciprocal and offers an extensive range of services that include Human Resource solutions and Financial and Business solutions. Reciprocals need not build a profit element into premium rates, which allows coverage to be provided on a very competitive basis. This operational advantage has allowed MEARIE to provide greater price stability and lower premium rates than commercial insurers on a consistent basis. THE MEARIE GROUP FACTS AND FIGURES - 23 years of service to the energy sector
Since reciprocals are "owned" by their members, they are solely motivated to serve the needs of their members. Anticipating the needs of our members has always been a strong point of the organization - a fact that has set The MEARIE Group apart from other insurers. In fact, after consulting with our members, we began offering an enhanced range of services, including group benefit plans, group home and auto insurance, trades and professional management training, financial and business solutions, conferences and claims services. Our successful long-term strategic alliances with some of Canada's leading firms has brought together the resources, expertise and best practices to deliver exceptional results. For over 23 years, The MEARIE Group has pursued quality growth consistent with the interests of its clients. We maintain a customer-service-first attitude and deal fairly, ethically and professionally with clients and employees. |
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