The Canadian Association of Mutual Insurance Companies (C.A.M.I.C.) is a trade association of property & casualty insurance companies formed as mutuals. Its role is to provide information, research and advocacy to its members in areas of general concern and to negotiate supply agreements for goods and services of common needs.

The association's objectives are:

• To promote a strong, healthy and competitive insurance market;

• To support regulatory efficiency and legislative change which are in the interest of all policyholders;

• To keep member companies well-informed on matters affecting the industry and to build consensus on action plans;

• To provide member companies with the necessary tools to foster their development;

• To promote the development of self-regulation for the property & casualty insurance industry.

There are currently 88 farm mutual insurance companies members of the Canadian Association of Mutual Insurance Companies (C.A.M.I.C.). Together, these member companies serve 5.1 million policyholders and underwrite $4.6 billion in premium. They have therefore a 11% market share of the total Canadian p&c insurance market. Their niche market is rural and small town Canada where they have a significant market share of the total p&c market and a least 75% market share of the canadian farm market . Together, C.A.M.I.C. member companies employ 15,000 managers, employees and agents.

Companies use the premium received to pay claims. Although the sums of money paid in claims vary from year to year, it is not unusual for these payments to exceed the total amount received in premium.

C.A.M.I.C. member companies hold $4.4 billion in assets on behalf of their policyholders. The large majority of their assets are invested in Canada's economy, primarily in government (federal/provincial/municipal) bonds, in Canadian corporate bonds and in Canadian corporate stocks.

To help maintain the mutual insurance companies' image and high standards; C.A.M.I.C. developed a minimum code of business conduct and practice. Consistent with their philosophy, most mutual insurance companies have adopted even stricter codes of ethics.