The P.E.I. Agricultural Insurance Corporation (P.E.I.AIC) is a Provincial Crown Corporation and has a board of directors who oversee the Corporation's activities. The Board of Directors of a Crown Corporation has the legal responsibility to act in the best interests of the corporation and to exercise due care and diligence.
Role of the Board
The role of the P.E.I.AIC Board of Directors is to provide advice regarding the production insurance policy, review of claims to be paid, reinsurance plans, and mediation requirements.
Under the Agricultural Insurance Act (AI Act) the role of the Board is to manage the business and affairs of the Prince Edward Island Agricultural Insurance Corporation (s.2(3)).
Click here to learn more about the Board of Directors and its members.