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It was founded in 1944 in Quebec and was merged in 2020 to become Beneva. SSQ Insurance was headquartered in Quebec City, with offices in Longueuil, Calgary, Halifax, Vancouver and Toronto. [1] 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.
Beneva is a Canadian mutual insurance company that was established in mid-2020 by the merging of La Capitale and SSQ Insurance. [ 2 ] [ 3 ] As of 2020 [update] , the preceding companies are in a transition period, with La Capitale transferring by 2022 and SSQ becoming Beneva in 2023.
Beginning with La Capitale General Insurance, the mutual company continued to form new subsidiaries, including La Capitale MFQ Real Estate Management in 1981, which is responsible for acquisitions and property management, La Capitale Insurance and Financial Services in 1989, and La Capitale Civil Service Mutual and La Capitale Civil Service Insurer in 1991, among others.
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