Congratulations to the 145 co-ops completing CHF Canada’s new Risk Management program
Published November 02, 2022
Get a head start on qualifying for next year’s discount
This year was the first year of our enhanced Risk Management Program for members in CHF Canada’s Commercial Insurance Program. The focus of the program, built in partnership with Co-operators Insurance, is to provide education to co-op boards on the importance and value of inspecting their co-ops for risks, and of having their own annual risk management practices.
We reached out to members to ask what would fit their needs and built that feedback into the enhanced program, working closely with key staff at Co-operators Insurance to develop content that would educate members, help minimize risks, and help members keep their co-op communities and members safer.
Co-ops that participated in the Program by completing the year one requirements will receive a 5% discount on their insurance rate for their 2023 insurance renewal.
Going forward, the enhanced program will be more flexible. . This means that co-ops that weren’t able to complete the year one requirements by the end of September should keep working on them – once you complete them, you can still get a discount on your 2024 insurance renewal.
Many more co-ops are still working on completing the program requirements and doing their part to help minimize risk. It’s great to see that co-ops are choosing to join and participate. Thank you to everyone that helped reduce risks, which reduced overall program claims and helped keep co-op communities safer.
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