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369. The Co-operators Celebrates IYC with the Launch of The National Co-op Challenge

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Coop Name: The Co-operators Group Ltd N° of Employees: 5017
City: Guelph N° of Members: 47
Country: Canada Year of formation: 1945
Website: http://www.cooperators.ca
Facebook: Link
About this coop:

The Co-operators is a leading Canadian-owned, multi-product insurance and financial services organization with more than $40.3 billion in assets under administration. Within our three core areas of operation — Property and Casualty (P&C) insurance, Life insurance, and institutional investments — we employ 5,017 staff members. We are supported by 512 exclusive agents with 688 retail outlets, four contact centres and one call centre for our travel insurance business, and an extensive national broker network. We also serve approximately 375 credit unions with a total of more than five million members.

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In celebration of the International Year of Co-operatives (IYC), The Co-operators is donating a total of $220,000 to deserving co-ops across Canada through their National Co-op Challenge.

The challenge invited emerging and expanding Canadian co-operatives to submit an application to fund their initiatives. After a review process, 24 finalists were selected from four regions – West (includes British Columbia, Alberta, Saskatchewan, Manitoba, Yukon, Northwest Territories and Nunavut), Ontario, Quebec and Atlantic (New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland).

Each finalist created a 90 second video that highlights their co-op, shows their commitment and enthusiasm for co-op growth, and explains how they would use the funding. You can view these videos by visiting The Co-operators Facebook page. You can help a Canadian co-op win by casting your vote by November 21.

There will be 12 winners in total. Three co-ops from each of the four regions will receive:

> 1st place: $30,000 donation

> 2nd place: $15,000 donation

> 3rd place: $10,000 donation

One Grand Prize winner will be declared through a random draw of the first place winners and will receive consulting services, a resource package and professional video support to create a promotional video for their co-op.

When co-ops grow, everybody wins!

Author of this story
Lan Lai-Minh
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