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Sep. 21, 2005
SGI and IBAS sign Issuer Accord
SGI and the Insurance Brokers' Association of Saskatchewan (IBAS) have
signed an Issuer Accord to better their working relationship and deliver
even better service to their customers.
The Issuer Accord was recently signed between SGI’s Auto Fund, which
administers the driver’s licence and vehicle registration system on behalf
of the Government of Saskatchewan, and IBAS, which represents the interests
of Saskatchewan motor licence issuers.
“The goal of this accord is to foster a strategic, mutually-beneficial
partnership, which enhances the delivery of superior, cost-effective, customer-focused
products and services,” said SGI President Jon Schubert.
“Most importantly this agreement will help both organizations serve Saskatchewan
people even better.”
IBAS President Shawn Wasylenko said he looks forward to the continuing
partnership with SGI.
“We are pleased to be solidifying our relationship with SGI and look forward
to an even brighter future thanks to this new agreement,” said Wasylenko.
The Issuer Accord outlines 15 agreed upon points, ranging from such items
as fostering better communication between both groups, recognizing
the value of each other’s roles to provide service to Saskatchewan people, along
with teaming-up on traffic safety programs.
The idea for the Issuer Accord came out of long-term discussions that
began in early 2003. At the time, IBAS and SGI committed to exploring
the long-term benefits of an agreement to clarify and strengthen the relationship
between IBAS and SGI. The Issuer Accord is expected to be a key tool in
achieving the Auto Fund strategic objective of supporting its issuer and
broker partners.
About SGI:
SGI is a Crown corporation established in 1945 and has evolved into three
distinct operations: the Saskatchewan Auto Fund, SGI CANADA
and SGI CANADA Insurance Services Ltd. (SCISL). The Saskatchewan
Auto Fund operation administers the driver’s licence and vehicle registration
system, along with that province's compulsory auto insurance program, on
behalf of the Government of Saskatchewan. SGI CANADA sells property and
casualty insurance products in Saskatchewan where it competes with other
companies. SCISL competes in the property and casualty insurance market
across Canada. SGI employees 1,700 people.
About IBAS:
The Insurance Brokers' Association of Saskatchewan (IBAS) is a voluntary
organization of professional independent insurance brokers. It is committed
to the promotion and preservation of the independent insurance brokerage
system for the betterment of its members, consumers and the insurance industry.
IBAS, headquartered in Regina, is comprised of more than 380 brokerage firms
employing more than 2,500 people throughout the province.
For media inquiries, contact:
Barbara Cross
SGI Communications
Regina
(306) 751-1360
Ernie Gaschler
Executive Director
Insurance Brokers' Association of Saskatchewan
(306) 525-5900
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