International Year of Cooperatives 2025 for Promutuel Insurance
This year, cooperatives will take their place in the spotlight. That’s because the United Nations has designated 2025 as International Year of Cooperatives (IYC) to highlight the importance and many benefits of cooperative and mutual models in the economic, social, and cultural development of communities around the world.
For Promutuel Insurance, a proud local mutual, this recognition has very special significance because it celebrates the same values of solidarity, openness, commitment, and ambition that lie at the heart of our mission and our responsibility to members.
Cooperatives and mutual companies: Two models, one mission
Cooperatives and mutual companies are important agents of change. Rather than seeking maximum profits no matter the cost, they contribute to the social and economic development of their communities.
Both are dynamic organizations where members do not just passively own the company—they’re actively involved in its management and strategic decisions. And both are deeply rooted in their communities, playing a key role in local development.
Based on principles of cooperation and solidarity, cooperatives and mutual companies focus primarily on providing insurance services to their members. As owners, insured members join forces to provide mutual insurance coverage and they have an opportunity to participate in decisions at the annual meeting. This unique model allows for competitive pricing, while surpluses are reinvested for the benefit of members.
In an economic sense, they are drivers of regional growth. They create jobs, invest locally, and form business partnerships with nearby companies and suppliers, strengthening the economic landscape of their region.
Insurance cooperatives and mutual insurance companies alike are firmly committed to democratic governance and want their members to participate actively in policy decisions, making each member responsible for the organization’s collective success.
Promutuel Insurance: A committed local mutual
As a mutual insurance company, Promutuel Insurance is committed not only to its members, but also to all the communities where we operate. Our team works hard to promote cooperative concepts in Québec society and embodies strong values such as solidarity, openness, commitment, and ambition, which form the common thread of our actions and our vision for a more inclusive future.
We believe that insurance is not just about coverage, but also about protecting and supporting our communities.
For example, every year Promutuel Insurance supports a number of community engagement projects, be they educational programs or cultural initiatives. We make a point of investing in missions that foster economic growth and the well-being of local communities.
Promutuel Insurance in 2025: Actions aligned with the IYC
Throughout the IYC, Promutuel Insurance will remain committed to educating the public about the benefits of cooperatives and mutual companies through specific actions such as awareness campaigns and educational initiatives. We will actively participate in key events such as Co-op Week in October to share our values and promote the benefits of cooperative models.
We also have a series of blog posts, videos, and social media posts in the pipeline, to inform and educate our community on the principles of cooperatives and mutual companies. This outreach will demonstrate how these models foster a more just, more equitable, and more united community. We believe that education plays a vital role in inspiring the younger generations—the leaders of tomorrow.
Together for a better tomorrow
At Promutuel Insurance, we’re proud to be part of IYC 2025 and we’re committed to fostering purposeful leadership and collective action. We believe that solidarity and cooperation are key in addressing today’s social and economic issues. As a mutual company, we have a responsibility to be a model of transparent governance.
We invite our members, partners, and all stakeholders to join us in promoting a more inclusive view of insurance and community development. We want to strengthen the ties that unite our communities and foster a vision of a common future built on mutual support and engagement.
Looking for an insurer with the right values?
At Promutuel Insurance, for 170 years we’ve been protecting our world like we protect a family. Learn more about our values and join us as an insured member. You’ll benefit from insurance tailored to your needs at a competitive price today, and you’ll be acting as a force for good for tomorrow.
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