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The Independent Order of Foresters, [1] operating as Foresters Financial, is a fraternal benefit society headquartered in Toronto, Ontario, Canada, that provides life insurance and other financial solutions in Canada, the United Kingdom, and the United States. As of 2022, Louis Gagnon has served as the company's president and CEO.
In November 2019, the company opened an office in Montreal, Quebec. [2] [3] On October 1, 2020, Canada Protection Plan was acquired by Toronto-based fraternal life insurer Foresters Financial. [4] [5] Foresters has been the exclusive underwriter of Canada Protection Plan's life insurance products since 2008. [6]
In April 2019, Cetera completed the purchase of select assets of Foresters Financial’s U.S. broker-dealer and investment advisory business, rebranding it and the 43 branches it comprises as Cetera Investors. [27] In June 2021, Cetera completed the acquisition of assets related to Voya Financial Advisors’ independent financial planning channel.
On September 28, 2010, Fairfax purchased 41.3% of Gulf Insurance Co. (a Kuwait insurance company), for approximately $217 million. [ 41 ] First Mercury Financial Corporation , On October 28, 2010, Fairfax announced to acquire all of the outstanding shares of First Mercury common stock for approximately $294 million.
The company acted as partner for a range of well known financial services and child-orientated brands in providing Child Trust Funds, such as Boots, Asda, Mothercare and Lloyds Bank. [5] The total number of members and other customers that The Company serves more than doubled from 330,000 to well over 700,000 between 2006 and 2007, with funds ...
Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in the United States by 1989.
Canada's second insurance company, after the Halifax Fire Insurance Company. Queen City Fire Insurance Company 1871 1960 Liquidated? Southwold Farmers Mutual Fire Insurance Company 1878 1979 Merged with Dunwich Mutual to form West Elgin Mutual. SSQ Insurance: Merged with La Capitale to create Beneva: State Farm: 2014 Desjardins Financial Security
FM (formerly FM Global) is an American mutual insurance company based in Johnston, Rhode Island, United States, with offices worldwide, that specializes in loss prevention services primarily to large corporations throughout the world in the Highly Protected Risk (HPR) property insurance market sector. "FM" is the communicative name of the ...