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Management Discussion & Analysis: Annual Report 2003
     
      Goal 2 Dashboard  
       
  2. Goal:
The Basic plan will return 85 per cent of premium revenue to Manitobans in the form of claims benefits.
 
       
     Measure: Premium returned for each dollar earned  
       
   

Strategies:
To maintain operating costs at a maximum of 50 per cent of industry average.

To break even over the long term on Basic automobile insurance.

To utilize investment income to reduce the average premium paid by Manitobans.

 
         
      Goal 3 Dashboard  
       
  3. Goal:
Manitoba Public Insurance will be a leader in automobile insurance, providing Manitobans with superior products, coverage and service.
 
       
     Measure: Public satisfaction with claims performance  
         
   

Strategies:
To ensure Manitobans receive understandable information on Manitoba Public Insurance products, their entitlements, services and service standards. The corporation will adopt a strategy that ensures messages reach the appropriate target groups at appropriate times.

Autopac Extension—to be profitable by providing products and services that continue to recognize the changing needs of our customers and continue to successfully achieve high levels of customer satisfaction through strategic pricing, accessibility and convenience. To mitigate risk through appropriate product design and automated underwriting techniques.

Special Risk Extension—to be profitable by responding to the variable and specialized needs of our commercial customers and providing personalized auto-related insurance products that cannot be met by the universal, compulsory program or by the Autopac Extension program. To partner with customers in pursuing fleet safety and loss prevention initiatives. To provide Manitobans with a stable market choice that promotes long-term partnerships.

   
         
      Goal 4 Dashboard  
       
  4. Goal:
Manitoba Public Insurance will provide service that is responsive, fair, courteous and convenient. Customer service standards will be set by customer expectations and Manitoba Public Insurance will meet these service standards.
 
       
     Measure: How often we meet/exceed standards  
       
   

Strategies:
To create, publish and comply with comprehensive customer service standards for ourselves, brokers, business associates and service providers who are in contact with our customers.

To promptly address and respond to legitimate concerns expressed by our customers. To provide internal and external appeal mechanisms.

 
     
       
Printable (PDF) version of 2003 Annual Report: Management Discussion & Analysis Download the entire 2003 Annual Report www.mpi.mb.ca Copyright 2004