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This is a list of Canadian insurance companies. The top insurance providers in Canada are Manulife, Canada Life (subsidiary of Great-West Lifeco), Sun Life Financial, Desjardins, and IA Financial Group (aka Industrial Alliance). [1] [2] Smaller insurers include those operating as subsidiaries of banks, such as CIBC Insurance and TD Insurance. [2]
Desjardins General Insurance (DGI) is the P&C insurance subsidiary of Desjardins General Insurance Group, itself a subsidiary of Desjardins Group.The brand is sister with Desjardins Financial Security, and both of them regroup under the banner of Desjardins Insurance.They now serve customers in three provinces of Canada: Quebec, Alberta and Ontario. [1]
The Personal offers group insurance products to insure cars, homes, recreational vehicles and pets, and also includes identity theft assistance. [10] They offer their services through agents, their company website, and recently through their mobile app (used as a control center for all the mobile programs).
Created in 1945 by Tommy Douglas's CCF government, Saskatchewan Government Insurance is the oldest public auto insurer in Canada. [16] Saskatchewan is the only province in Canada that offers motorists a choice between no-fault and tort systems of insurance. Although a choice, majority of the people are unaware of it.
The original purpose of ICBC was to provide universal and affordable compulsory public auto insurance in British Columbia by operating on a non-profit basis. [3] [4] However, in March 2010, Christy Clark's BC Liberal government announced that it would require ICBC to pay the province dividends totaling some $778 million over three years, thus signaling the end of ICBC's operation as a non ...
Aviva Canada came into being on 31 March 1999 as the CGU Group Canada, and was created through the merger of the Commercial Union Assurance Company of Canada and the General Accident Assurance Company of Canada. The merger was the result of the 1998 merger of the mother companies, Commercial Union and General Accident, to form CGU plc.
The company's head office is located in Wawanesa, Manitoba, with its executive office in Winnipeg and regional offices across Canada; it also operates in the US states of California and Oregon. [1] As of 2020, it has assets of over $11.3 billion and over two million policies in force. [4] [3]
Prior to its merger it served over three million customers and employs 2,000 employees. It was one of the major insurance companies in Canada. SSQ Insurance was also one of the 500 largest companies in Quebec, ranking 79th in 2018. [2] As of 2015, business volume approached $3 billion with $11 billion in assets under management.