Headquarters address | 245 Centre Avenue East, Altona, Manitoba R0G 0B0, Canada |
---|---|
Year established |
1875 |
Size (employees) | 120+ |
Insurance revenue | $230.9 million |
Locations | Altona, Winnipeg |
Underwriting expertise |
Residential, commercial, and farm insurance |
Key people | Brenda Gibson (president & CEO), Geoff Branson (SVP, chief financial officer & chief risk officer), Lyndon Friesen (SVP, insurance operations & service), Jennifer Ewankiw (vice-president, sales and strategic excellence), Jenna Book (vice-president of human resources), Amanda Evenson (vice-president of data & analytics), Bonnie Goertzen (vice-president of finance) |
About the Red River Mutual
Red River Mutual is a property and casualty insurance company that has been protecting homes, farms, and businesses since 1875. The mutual insurer serves more than 75,000 policyholders from Thunder Bay, Ontario to the West Coast.
The company offers residential insurance (including broad and comprehensive policies as well as additional coverages) and farm insurance (including options for different types of farming operations). It also provides a range of commercial insurance packages, such as church, apartment/condo, contractors, office, restaurant, and many others. The insurer also offers cyber privacy protection that covers data ransom, extortion and blackmail, and regulatory fines.
Key business performance of Red River Mutual
Red River Mutual specializes in claims handling, cyber protection, equipment breakdown coverage, condo insurance, farm, and home insurance services. The company’s annual insurance revenue saw an increase of 14.1%, reaching $230.9 million, up from $202.4 million in 2022.
Red River Mutual has been recognized as one of Insurance Business Canada’s Top Employers in 2019, 2020, 2021, and 2022. In 2020, the insurer was also recognized as one of Insurance Business Canada’s 5-Star Insurers for Home Insurance. In 2022, it was named among Insurance Business Canada’s 5-star Insurers for Construction.
Leadership at Red River Mutual
Brenda Gibson – President & Chief Executive Officer
Brenda Gibson was appointed president and CEO of Red River Mutual in April 2023. She brings almost two decades of experience in the insurance industry. Prior to her appointment, Gibson held several senior leadership roles in Wawanesa Insurance. These include as vice-president of financial planning and analysis, life operations, and most recently, personal lines. Gibson holds CPA, CA, and CIP designations.
Work culture & corporate giving at Red River Mutual
Red River Mutual believes in the power of community and care for customers and coworkers. The insurer is proud to be a hybrid company with a strong focus on diversity, equity, inclusion, and belonging (DEIB). It runs a corporate giving program called Spruce Up Your Story, which has invested over $750,000 locally, restored more than 50 spaces, and supported over 35 communities.
COO highlights the importance of the national advocacy
Brokers are "an important, valued part" of the industry
Sponsoring firm is "grateful for its network of broker partners"
Move aims to boost capacity for brokers
CEO breaks down what the support means for the industry