Our Annual General Meeting (AGM) is usually held in late March. At each AGM, three of our nine directors are retired; this means that their term of service is over, and three directors are elected. A director whose term is ending may choose to stand for re-election and serve another term.

Occasionally, more than three directors may be elected if a director has retired.

The term of service is three years.

A person is not qualified to be a Director unless he or she has been a policyholder in good standing for at least one year. There are additional qualifications outlined in the by-laws and Corporations Act. If you wish to let your name stand for election, you must file written intent to do so with the Secretary of the Company no later than twenty days before the published starting time of the Annual Meeting. The AGM will be scheduled for a date before the end of March, at a time and location to be determined.

The deadline to submit your written intent will be 20 days prior to the date and time of the Annual Meeting. Any names submitted after that time will not be accepted.

As a director, you will sit on the board at CTM and help craft and support the company’s long-term goals and strategy. You will also provide oversight on behalf of all policyholders at CTM. You may also be asked to serve on one of the board’s committees to further support CTM’s mission.

The Board meets approximately ten times a year for regular meetings, usually on the last Monday of every month. Committees have mandates that dictate how often they should meet; some are annual, and some are quarterly.

In addition to the board meetings, directors are expected to attend the AGM, strategic planning sessions (typically 1-2 days each year), and
complete continuing education hours to further their knowledge of the insurance industry and the board’s role in governance.

We also encourage our directors to attend conventions and group meetings for the mutual community in Canada and North America.

And finally, we want our directors attending our company social events to get to know the staff that support our policyholders on a daily basis.

If this sounds like something you are interested in, send a letter of intent along with your CV to HR@ctmins.ca with the subject line “Director Position.” Please remember that the deadline to apply is 20 days before our AGM.

A more detailed description of the process and requirements is also here: CTM Be A Director.

If you have specific questions, you can also contact us directly at contact@ctmins.ca or 1-888-302-6052