In December 1906 at Lyster Station, an assembly was held which would define the direction of the fire insurance company of the county, based on the principles of mutuality. In the following year, the Fire Insurance Mutual Company of the counties of Lotbinière and Mégantic would officially begin operations.
Some seventy years later, brought the first fusion of the Mutual of Saint-Pierre-Baptiste. Then, from 1979 to 1981, the parish Mutuals of Sacré-Coeur-de-Marie, Saint-Jacques-de-Leeds and Saint-Méthode d'Adstock would join ranks to make up the Appalachian General Insurance Mutual Association, its new name adopted in 1987.
Over the years, the acquisition of insurance offices and various strategic developments have always promoted closeness to its customers. The Mutual Association, of which the head-office is located at Saint-Pierre-Baptiste, today has 5 outlets situated at Plessisville, Thetford Mines, Disraeli, Saint-Méthode and Sainte-Agathe as well as an administrative office in Windsor.
The year 2001 marks a turning point in the history of the association. In fact, the association is witnessing the doubling in size of its territory by the addition of a part of the territory of Promutuel Val St-François, which will allow it to serve close to 20,000 members in the regions of Amiante, Érable and of Val St-François.
Highlights
Promutuel Appalaches — St-François, is :
the trust of more than 25,000 people who insure their property and lives or those of their loved ones
a total of $25,498,000 in subscribed premiums
$13,497,000 paid in indemnities to insured members