WATERLOO, ON, April 24, 2020 /CNW/ - Economical Insurance has announced that its 148th Annual Meeting will be held on May 21, 2020 at 10:30 a.m. (Eastern Time) online. Mutual policyholders and duly appointed proxyholders will be invited to register to attend and participate in the Meeting, which will be held via live audio webcast. Attendance at the Meeting is by invitation only.
The decision to adopt this online-only format instead of an in-person meeting was made due to continued public health concerns relating to the COVID-19 pandemic, and to ensure that mutual policyholders, proxyholders, Board members and other guests can participate while still respecting the prevailing guidance relating to physical distancing.
The 2020 management proxy circular from Economical Insurance will be mailed to current mutual policyholders, along with its annual report for 2019.
During the Meeting, attendees will hear from management and the Board, receive the financial statements for the year ended December 31, 2019, have an opportunity to ask questions, and vote securely on the appointment of the external auditor and the election of directors.
About Economical Insurance
Economical Mutual Insurance Company ("Economical" or "Economical Insurance", which includes its subsidiaries where the context so requires) is a leading property and casualty insurer in Canada, with $2.5 billion in gross written premiums and approximately $6.0 billion in assets as at December 31, 2019. Economical is a Canadian-owned and operated company that services the insurance needs of more than one million customers.
SOURCE Economical Insurance
Sarah Stevens, Director, Public and Media Relations, Economical Insurance, http://www.economicalinsurance.com/, (C) 416.986.9360, [email protected]
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