MPI provides compulsory auto insurance (Autopac) for Manitoba residents and also runs driver licensing and vehicle registration under The Drivers and Vehicles Act. Its products are funded by premiums and investment income, with most revenue reinvested into claims benefits, and the basic Autopac coverage is supplemented by optional extension options sold against private insurers. MPI differs from private insurers through its government ownership, universal mandate, and a focus on reinvestment and rate stability rather than profit. Its goal is to offer universal, affordable auto insurance while maintaining financial self-sufficiency and promoting road safety.
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Winnipeg, Canada
Founded
1971
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