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List Of Canadian Insurance Companies
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). Smaller insurers include those operating as subsidiaries of banks, such as CIBC Insurance and TD Insurance. Current insurance carriers * Allstate Canada — Canadian subsidiary of Allstate (US). * Assumption Life * Assurant Canada * Aviva Canada * Beneva (created through merger of La Capitale and SSQ Insurance) * CAA Insurance Company * Canadian Association of Blue Cross Plans ** Alberta Blue Cross ** Canassurance Hospital Service Association *** Ontario Blue Cross *** Quebec Blue Cross ** Manitoba Blue Cross ** Medavie Blue Cross ** Pacific Blue Cross ** Saskatchewan Blue Cross *Canadian Premier *Combined Insurance Canada — Canadian subsidiary of Combined Insurance (US). * The Co-operators Group ** Sovereign General Insurance Company * Desja ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insurance
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canadian Association Of Blue Cross Plans
The Canadian Association of Blue Cross Plans (CABCP; french: Association canadienne des Croix Bleue) is a federation of regional not-for-profit insurance providers in Canada. All providers that are members of CABCP, called "member plans", are independent entities which are overseen by the association to ensure consistent performance standards. The first Blue Cross Plan was offered to residents of Manitoba in 1939. The association is headquartered in Etobicoke, Ontario. The CABCP is affiliated with the Blue Cross Blue Shield Association and the International Federation of Health Plans. Member plans * Alberta Blue Cross (Alberta and Northwest Territories) * Canassurance Hospital Service Association ** Ontario Blue Cross (Ontario) - Etobicoke (c. 1941) ** Quebec Blue Cross (Quebec) - Montreal (c. 1942) * Manitoba Blue Cross (Manitoba and Nunavut) - Winnipeg * Medavie Blue Cross - Moncton, NB - New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador (c. 1943) * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Personal
The Personal Insurance Company, operating as The Personal (french: La Personelle), is a Canadian insurance company which specializes in group insurance, primarily home insurance and vehicle insurance. The Personal is a subsidiary of Desjardins General Insurance, the third largest P&C insurer in Canada. History The Personal was the first insurer in Canada to provide auto and home group insurance, the concept was originally common only for group life insurance. Auto and home were the only products offered initially. Later, The Personal broadened their range of services to include other products, such as recreational vehicles, travel and pets. On May 2, 1986, The Personal (then called ''The Security)'', reached an agreement with the ''Centrale de l'enseignement du Québec'' (CEQ), who was looking for group insurance. This agreement signaled the official start of group P&C insurance in Quebec. In 2004, Desjardins Group did a major restructuring of The Personal to unify its activiti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Desjardins Financial Security
Desjardins Financial Security (DFS) is the life and health insurance arm of Desjardins Group, the leading financial institution in Quebec and the largest cooperative financial group in Canada. DFS registered a record-breaking revenue data in 2016, with a year-over-year increase of 12.5%. In terms of written premium, the industry ranks second in Quebec, and fifth in Canada. The head office of Desjardins Financial Security is in Lévis, Quebec, and has branches in several cities across Canada, including Vancouver, Calgary, Winnipeg, Toronto, Ottawa, Montreal, Quebec City, Halifax and St. John's. They represent more than 5 million Canadians and administer over 100 billions in assets. In 2018, they are targeting four new acquisition sectors: P&C insurance, wealth management, payment world and fintech/insurtech. About The company offers insurance for individual, groups or businesses, and also savings for individual or group retirement savings. They were the first ones in Que ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sovereign General Insurance Company
The Sovereign General Insurance Company, operating as Sovereign Insurance, is a Canadian property and casualty insurance company specializing in commercial lines. They offer full-service branches across Canada, including Vancouver, Calgary, Winnipeg, Toronto, Montreal and Halifax. Today, The Sovereign has approximately 270 employees operating across the country. The Sovereign operates through a national independent brokerage network. History Established in May 1953 as Merit Insurance Company, a subsidiary of Industrial Acceptance Corporation (IAC) and based in Montreal Montreal ( ; officially Montréal, ) is the second-most populous city in Canada and most populous city in the Canadian province of Quebec. Founded in 1642 as '' Ville-Marie'', or "City of Mary", it is named after Mount Royal, the triple ..., the company originally focused primarily on personal lines of insurance. By the end of the 1960s, Merit Insurance had grown to employ almost one hundred staff wit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Co-operators
The Co-operators Group Limited is a Canadian insurance co-operative, founded in 1945, owned by 46 members including co-ops, credit union centrals and representative farm organizations. It is one of the leading Canadian-owned multi-line insurers, offering auto, home, life, farm, travel and commercial insurance as well as investments. The company was started by farmers in Saskatchewan, in 1945. The Co-operators Group Ltd. is a co-operative headquartered in Guelph, Ontario. That entity owns several operating companies, the largest of which is Co-operators General Insurance Company, which sells property and casualty insurance (i.e., auto, home, farm and commercial), primarily through its network of more than 485 exclusive agents. The second biggest company in the group is Co-operators Life Insurance Company, based in Regina, Saskatchewan, which sells life insurance (i.e., life, health, group benefits). Other member companies are HB Group Insurance of Mississauga, The Sovereign Gene ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Combined Insurance
Combined Insurance is a global provider of supplemental insurance, including accident insurance, life insurance and critical care coverage. Combined Insurance operates in North America, Latin America, Europe and the Pacific. The company is headquartered in Chicago, Illinois. History In 1922, W. Clement Stone, with a borrowed $100, started Combined Registry Company in Chicago. During the difficulty of the Great Depression, Stone in 1929 cut his field force to just 135 agents – from more than 1,000 agents – to increase efficiency. In 1939, after weathering the Depression, Stone created the Combined Mutual Casualty Company, which was established when Combined Registry Company purchased the American Casualty Company in Texas. In 1947 the company changed its name to Combined Insurance Company of America. In 1956, Combined Insurance expanded to cover Canada. Between 1959 and 1963 the company expanded into Australia, then Puerto Rico and the Bahamas, then into Europe with the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saskatchewan Blue Cross
The Canadian Association of Blue Cross Plans (CABCP; french: Association canadienne des Croix Bleue) is a federation of regional not-for-profit insurance providers in Canada. All providers that are members of CABCP, called "member plans", are independent entities which are overseen by the association to ensure consistent performance standards. The first Blue Cross Plan was offered to residents of Manitoba in 1939. The association is headquartered in Etobicoke, Ontario. The CABCP is affiliated with the Blue Cross Blue Shield Association and the International Federation of Health Plans. Member plans * Alberta Blue Cross (Alberta and Northwest Territories) * Canassurance Hospital Service Association ** Ontario Blue Cross (Ontario) - Etobicoke (c. 1941) ** Quebec Blue Cross (Quebec) - Montreal (c. 1942) * Manitoba Blue Cross (Manitoba and Nunavut) - Winnipeg * Medavie Blue Cross - Moncton, NB - New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador (c. 1943) * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pacific Blue Cross
PBC Health Benefits Society, operating as Pacific Blue Cross, is a not-for-profit health insurance provider headquartered in Burnaby, British Columbia, Canada. History Affiliated with the Canadian Association of Blue Cross Plans, Pacific Blue Cross dates back to the 1940s, when its predecessor organizations - the Medical Services Association (MSA) and CU&C (Credit Union & Cooperative) Health Services Society - were founded. Both companies grew steadily and successfully dealt with major challenges, including the introduction of Medicare and the merger that brought the two former competitors together as Pacific Blue Cross in 1997. Now Pacific Blue Cross, with its subsidiary Work and Wellness, formerly branded “BC Life” (British Columbia Life & Casualty Company), provides health, dental, life, disability, travel and other health insurance products to approximately 1 in 3 British Columbians enrolled in group and individual plans. In 2015, Pacific Blue Cross was named the 15th Mo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Medavie Blue Cross
Medavie Blue Cross (French: Croix Bleue Medavie) is a not-for-profit Canadian medical care insurance company headquartered in Moncton, New Brunswick. Affiliated with the Canadian Association of Blue Cross Plans, Medavie Blue Cross traces its history to E.A. van Steenwyk's 1933 creation of the Hospital Service Association of Minnesota, which became known as Blue Cross. Blue Cross eventually found its way into Canada, which had a private health care system at that time, and the Maritime Hospital Service Association was established in 1943, which became known as the Maritime Blue Cross - Blue Shield Association in 1954. With the creation of Canada's publicly funded universal health care system in the 1960s, the Blue Cross organizations began to evolve, providing travel insurance and individual health plans to supplement the publicly funded health care provided by each province. In 1986, the company renamed itself Blue Cross of Atlantic Canada and was headquartered in Moncton. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manitoba Blue Cross
Manitoba Blue Cross is a not-for-profit health benefits provider headquartered in Winnipeg, Manitoba. History Affiliated with the Canadian Association of Blue Cross Plans, Manitoba Blue Cross was founded in 1974. Its history, however, dates back to the 1938 when the Manitoba Hospital Services Association (a non-profit, hospital-sponsored association and the first organization to operate as Manitoba Blue Cross) began offering hospital benefits on a prepaid basis. Present Manitoba Blue Cross, with its subsidiary Blue Cross Life, provides health, dental, employee assistance, life, disability and travel coverage for over half a million Manitobans. In 2018, it was named a 2018 Manitoba Top Employer by MediaCorp Canada. Community initiatives Manitoba Blue Cross is the primary contributor of funding and administrative support for the Manitoba Medical Services Foundation (MMSF), a foundation which supports scientific research that advances and maintains the health and welfare of Manitob ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quebec Blue Cross
Québec Blue Cross is a registered trademark in Health Insurance. It is owned by Canassurance Hospital Service Association, a member of the Canadian Association of Blue Cross Plans. History The Blue Cross Plan was introduced in 1942 by the Quebec Hospital Service Association, now named the Canassurance Hospital Service Association. The goal was to provide workers with access to health services at a reasonable cost and through an advanced reimbursement plan. The Blue Cross prepaid plan was based on similar Blue Cross plans offered in the United States that covered hospital care for their members, including diagnosis, treatment and surgical services. From its inception as a non-profit voluntary insurance plan, the Blue Cross Plan rose very fast, collecting 38% of Quebec's premiums in health insurance by 1950. It was the non profit purpose of Blue Cross that fueled its growth. It allowed Blue Cross to overcome the moral debate o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
