5 June 2019 14:45
Photo : Freepik
LEDOR Assurances and The Capital mutual of the public administration have announced plans to merge.
The project will be submitted to the members of LEDOR Assurances for approval at a special meeting, which will be held on Tuesday, June 11.
“It is therefore for the benefit and in the interest of our members, employees, brokers and business partners that LEDOR Assurances wishes to unite with an organization with similar values,” said the insurer by way of a press release.
LEDOR says that she is “convinced that it is the best decision” for its members and its employees.
The Capital, also being a mutual, account 310 000 members, 2 600 employees and a premium volume of more than $ 2.3 billion at December 31, 2018.