SMI is a federally regulated property and casualty insurance company operating successfully in Alberta, Saskatchewan and Manitoba with annual direct written premiums of $76.6 million. As a mutual, the Company’s Policyholders have voting rights and annually have the opportunity to participate in the election of the Board of Directors that oversees and sets strategic direction for the organization. Earnings are retained to support future growth, to maintain a strong capital position and to help keep insurance rates low for its policyholders.
In 1908, a group of Saskatchewan farmers founded SMI in order to create ready access to affordable insurance protection. With that pioneer spirit in mind, SMI has prospered for over 110 years, providing security and service to its many policyholders. SMI, has approximately 75 employees and distributes its products through the brokerage system. The Company’s head office is located in Saskatoon with service offices in Calgary, Regina and Winnipeg.
Sandbox Mutual Insurance Company is dedicated to providing security for its policyholders and employees. Building on an historical foundation of integrity, commitment and superior service, SMI will successfully meet the challenges of the future through strategic planning and innovation.