Saskatchewan Government Insurance (SGI) was created in 1945 and is a provincial Crown corporation that has been developed over the years into two linked operations.
The Saskatchewan Auto Fund is the province's compulsory public auto insurance program, operating the driver's licensing and vehicle registration system. The Auto Fund is financially self-sustaining, operating on a break-even basis over time. The Saskatchewan Auto Fund claims that it does not receive money from or pay dividends to the government.
SGI CANADA sells property and casualty insurance on properties such as homes, farms, businesses and automobile insurance in seven Canadian provinces. It operates as SGI CANADA in Saskatchewan, SGI CANADA Insurance Services Ltd. in Manitoba and Alberta, the Coachman Insurance Company in Ontario and as a major partner in the The Insurance Company of Prince Edward Island in Nova Scotia, New Brunswick and Prince Edward Island.
Read more about Saskatchewan Government Insurance: History, Corporate Governance, Board of Directors, Structure and Functions
Famous quotes containing the words government and/or insurance:
“Plato says that the punishment which the wise suffer who refuse to take part in the government, is, to live under the government of worse men; and the like regret is suggested to all the auditors, as the penalty of abstaining to speak,—that they shall hear worse orators than themselves.”
—Ralph Waldo Emerson (1803–1882)
“In taking out an insurance policy one pays for it in dollars and cents, always at liberty to discontinue payments. If, however, woman’s premium is a husband, she pays for it with her name, her privacy, her self-respect, her very life, “until death doth part.””
—Emma Goldman (1869–1940)