REGINA – SGI Canada announced Tuesday they are expanding services into British Columbia.
The provincial insurance company recently received a license to sell property and casualty insurance in B.C.
“B.C. is a province with strong growth potential and, with SGI CANADA’s experience writing insurance for the mining and oil and gas industries, moving further west is a good fit,” said Andrew Cartmell, SGI Canada President and CEO.
“This move also allows us to further spread our risk, meaning losses due to events like catastrophic storms in one region are offset by profits in other regions. This benefits customers in all regions by assisting with rate stability.”
Over the last 20 years, SGI Canada has been expanding theior business outside of Saskatchewan, with success in Alberta, Manitoba and Ontario.
“We’re excited to add B.C. to the mix and look forward to providing customers and the brokers we partner with, with the same high level of service we strive to provide in all provinces where we operate,” said Cartmell.
SGI Canada plans to start operating in B.C. in the summer of 2015.
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