Membertou Insurance Brokers
President & General Manager, Malcolm Smith

The Membertou First Nation is part of the Mi’kmaq Nation of Atlantic Canada, one of the two main Aboriginal groups in Atlantic Canada. Membertou is located near Sydney, Nova Scotia. Membertou Insurance Brokers Inc. (MIB) is 100% owned and controlled by the Membertou First Nation. It partners with the Jardine Lloyd Thompson Group (JLT), the fifth largest insurance broker in the world and New Sky Insurance Solutions Inc. (New Sky), a new insurance alternative created specifically to address the unique cultural, commercial and lifestyle needs of Aboriginal communities across Canada. MIB is the only Aboriginal-owned insurance broker and the only New Sky affiliate in Atlantic Canada.

New Sky is a national General Insurance Agent, 90% owned by Aboriginals and 10% owned by JLT. New Sky is teamed with the country's top insurance carriers to offer general insurance products to all Canadians while offering unique insurance products designed specifically to meet the needs of Aboriginals and people/businesses doing business with Aboriginals. The New Sky network of insurance brokers extends across Canada and emanates from the most financially stable, best governed and most progressive aboriginal communities in every province and territory in Canada.

New Sky goes beyond conventional insurance by supporting Aboriginal employment, education and community growth and is a strong advocate of the Treaty Economy, i.e. commercial relationships between two or more first nations. When a community buys its insurance from New Sky, it creates own-source revenue from premiums and referrals.

Some Products and Services

• Aboriginal Self Government Liability
• Aboriginal Self Government Errors & Omissions
• All types of property insurance including for all community owned assets
• Liability coverage: includes all commercial operations in addition to healing lodges, wellness centres, holistic healing and counseling.
• Renewable energy, natural resources, tourism and marine insurance.
• $2,500 funeral expense for all community members with no medical or individual requirements.

Special Features of New Sky Coverage

• Permission to Delay Construction (for up to “1” year on reserve property for healing purposes)
• Professional & Abuse liability - $3 million coverage
• Owners and Contractors Protection - Covers liability arising from the operation or action of an unrelated worker or contractor while on premises
• Marinas, docks and marine exposures – included in coverage
• Environmental - on-site Clean-up Costs
• Wrongful dismissal - includes coverage for defense costs as well as settlement claims
  Benefits of dealing with Membertou Insurance Brokers
  MIB provides general insurance products, services as well as custom designed product solutions. Coverage and customer service is provided through its relationships with New Sky & JLT Canada representing leading insurance providers such as ACE INA, ARCH, Lloyd’s of London, Royal Sun Alliance, Great West Life, Manulife and others. An insurance policy is just a piece of paper until you suffer a loss. MIB and New Sky provide cultural sensitivity training for all claims adjusters who respond to operational and business claims for losses on Aboriginal lands.

The specific benefits of dealing with MIB include: affordable and broad coverage, competitive advantage when bidding on government procurements; distribution of benefits to policy-holders, proven systems (JLT) and training. Aboriginal capacity-building in insurance and risk management is a key component of this business model and will provide employment to young Aboriginal graduates.

MIB plans to open offices throughout Atlantic Canada with aboriginal partners who will provide insurance products & services to Maliseet, Mi’kmaq, Innu and Métis communities across the region.

Contacts
Malcolm Smith BBA, CAIB, RHU, CRM
President & General Manager
Membertou Insurance Brokers Inc.
1969 Upper Water Street, Suite 1703
Halifax, Nova Scotia
Canada, B3J 3R7
Telephone: (902) 429-5445
Cell Phone: (902) 402-7624
Fax: (902) 429-5461
malcolmsmith@membertou.ca

Richard Paul
Senior Business Development Officer
Membertou Corporate division
1969 Upper Water Street, Suite 1703
Halifax, Nova Scotia, Canada
Telephone: (902) 429-5445 Ext. 5005
Fax: (902) 429-5461
richardpaul@membertou.ca