A.P. Reid Insurance Stores Limited

A.P. Reid Insurance Stores Limited

February 02, 2011 09:48 ET

A.P. Reid and Membertou Launch New Office in Membertou Business Center

New Client Service Centre now open for business

MEMBERTOU, NOVA SCOTIA--(Marketwire - Feb. 2, 2011) - A.P. Reid Insurance Stores and Membertou Corporate Division are excited to announce their new partnership. This new company will provide a full range of personal lines and commercial insurance products and programs to the residents, businesses and organizations of Cape Breton while providing sustainable employment to the Membertou First Nations community.

Membertou Corporate Division continues to "Welcome the World" through mutually beneficial partnerships and a joint venture with local company A.P. Reid was a logical choice for this industry. A.P. Reid Insurance Stores has been expanding their network of insurance stores to better service their current clients and attract new customers to their services.

"This initiative is important to A.P. Reid as it embodies our goal of Exceeding Expectations. It's through unique partnerships like this that we grow and develop," says Jamie Reid, CEO of A.P. Reid Insurance Stores. "Membertou is a perfect fit for our expansion plans as they share our views on value to the client and our views on what is expected of a service provider. We are thrilled to partner with Membertou."

This is the first joint venture pursued by A.P. Reid with a First Nations community and marks their first insurance store located on the island of Cape Breton. Membertou Development Corporation and A.P Reid Insurance Stores are excited that together they can provide their wide comprehensive suite of insurance products and services to the people of Cape Breton. "This partnership will bring accessibility to the specific insurance needs of our Cape Breton communities but also, it is another positive business venture for our corporate division" says Chief Terry Paul. "Taking advantage of the opportunity to work with local companies and to bring success to our region just makes sense."

The new A.P. Reid Insurance Store will be located in the center of Sydney at Membertou's new commercial center on Churchill Drive situated less than a minute's drive from the Cape Breton Regional Hospital and Membertou's Trade and Convention Centre. This new location will provide professional training and employment opportunities to the Membertou community.

The Membertou Corporate Division is committed to creating and enhancing relationships between Membertou First Nations and the Canadian and international business community. In 2000, the Membertou Corporate offices were opened in downtown Halifax. Two years later, Membertou Corporate Division became the first Aboriginal government to be ISO 9001:2000 certified. Eleven companies make up the Membertou portfolio ranging from Anaia Global Renewable Energies and First Fisherman's Seafood to the Membertou Trade and Convention Centre and Membertou Market.

A.P. Reid Insurance Stores first opened their doors in 1980 and since then have expanded to 13 offices across the Maritimes. In addition to their many locations, A.P. Reid is the only Atlantic Canadian Independent broker protecting clients in every province and territory in Canada.

The Sydney A.P. Reid Insurance Store is now open for business, with an official opening scheduled for the spring of 2011.

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