Grants and Contributions:
Title:
Captive Insurance Company (CIC) Feasibility Study Project
Agreement Number:
ARI-IAR-RD-48
Agreement Value:
$74,827.00
Agreement Date:
Jun 17, 2021 - Mar 31, 2023
Description:
The objective of this project is to conduct a feasibility study to determine if a Captive Insurance Company (CIC) could be a sustainable long-term solution to support reduce insurance premiums while providing comprehensive insurance coverage for the floriculture sector.
Organization:
Agriculture and Agri-Food Canada
Expected Results:
New financial tools developed
Location:
Guelph, Ontario, CA N1H1J2
Reference Number:
235-2021-2022-Q4-00110
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
819889056
Recipient Type:
Not-for-profit organization or charity
Recipient's Legal Name:
Flowers Canada Growers Inc.
Program:
Agri-Risk Initiatives Program
Program Purpose:
The AgriRisk Initiatives (ARI) program supports the research and development as well as the implementation and administration of new risk management tools for use in the agriculture sector.
NAICS Code:
0