Agricultural Insurance Corporation
Responsible for providing insurance schemes for agricultural crops and to advise the Minister on policy
regarding agricultural business risk management programs.
Advice regarding Production Insurance Policy, review of claims to be paid, reinsurance plans, mediation
The Board shall consist of not fewer than seven members and not more than 13 members. The members shall be appointed by the Minister, and shall be (a) one representative of the Department of Agriculture; (b) one representative of the Department of the Provincial Treasury; and (c) not fewer than five or more than eleven representatives of the private sector.
Work & Experience Requirements
Understanding of agricultural practices and agricultural economics
Mediation, Regulatory, and Agriculture Policy
Statutory Nomination Requirements
The Minister shall appoint all members.
Traditional Nomination Requirements
Department provides names to Executive Council. Recommendations are based on commodity and geographical diversity.
Chair - $200/diem and Members - $142/diem.
Anticipated Time Commitments
The term of office of a member of the Board is three years and a member is eligible for re-appointment.