RMA Insurance is a member-owned, non-profit organization, with one central goal: to help your organization gain the safety and service you need, while helping you control and reduce long-term risk-related costs. In keeping with this goal, we have experienced staff who can match your organization with the right insurance and risk management program (consulting and training), while keeping you on budget.
RMA Insurance was founded in 1955 as Jubliee Insurance Agencies (JIAL) to give rural municipalities access to insurance when other insurance agencies could not, or were not able to. We maximize initial gains through a simple bulk buying concept while utilizing our independence, size, and self-insurance capabilities to build reciprocal models. RMA Insurance also offers group insurance programs to insure organizations that do not fit the homogeneous categories required for reciprocals.
As a result, RMA Insurance enables municipalities and non-profit organizations in Alberta to access and secure insurance protection through two distinct types of insurance programs:
An insurance reciprocal is a non-profit entity focused on its members. It is comprised of organizations that share similar risk and come together for a mutually beneficial insurance relationship. The resulting collective value of this relationship allows access to larger insurance markets with preferential rates.
In 1985, Jubilee Reciprocal Insurance Exchange (JRIE) property reciprocal was created and included most member property and heavy equipment risks. JRIE ran parallel with Genesis Reciprocal Insurance Exchange (GRIE) liability reciprocal, which was created in 2001. In 2016, the two merged under the Genesis name. Genesis has been recognized as Canada’s oldest reciprocal by the Canadian Association of Insurance Reciprocals
Our Genesis program is broadly tailored for municipal exposures. This includes specific challenges stemming from: zoning and permit liability; road, sidewalk, and public building occupier’s liability; and liability defence of staff and elected officials. Our claims personnel and adjusting partners understand their responsibility to find coverage on your behalf.
Our property program utilizes a broad manuscript policy that has been designed for risks like yours. It has evolved to meet our clients’ needs for over 25 years. Our rate stability is supported by the best spread of risk of any program in Canada. Our risk management efforts focus on reducing both insured and uninsured losses for our members.
Our automobile coverage offers extremely competitive rates for municipal fleet vehicles based on a large pool of members and a well managed loss history. In-house risk management staff can provide access to distracted driving and safe equipment training. RMA’s superior service allows our members to employ solid, defensible policies in how their vehicles and equipment are being operated.
We offer a full range of additional insurance programs to provide complete protection for your assets and exposures. We have access to almost all available insurance lines, at or below typical market rates.