Industrial Alliance Insurance and Financial Services Inc.

  • Rated A+ (Superior) by A.M. Best
  • Solvency ratio 212% (2012)
  • Established in 1892
  • Headquartered in Quebec City

Industrial Alliance Insurance and Financial Services Inc. was founded in 1892. It is the 4th largest life and health insurance company in Canada. In 2000, Industrial Alliance Insurance demutualised and listed on the Toronto Stock Exchange. In 2003, they expanded to wealth management and in 2008 they introduced disability insurance. In 2010, the company further expanded into the United States and in 2013, Industrial Alliance launched private wealth management services.

Today, they operate throughout Canada and Unites States offering group insurance, life insurance (universal, permanent and term), critical illness insurance, short- and long-term disability insurance, mortgage insurance, auto and home insurance and accidental death and dismemberment (AD&D) insurance.

Other wealth management services they provide include: segregated funds, mutual funds, securities, life and fixed-term annuities (these products can be offered within RRSPs, RESPs, TFSAs or RRIFs) and investment advice. As of year ended December 31, 2013, the Company had total assets of $44,030 million and Liabilities of $40,362 million.

Alliance Financial Group represents companies authorized to do business in Canada. All Canadian companies are members of Assuris, which provides Canadian policyholders with specified levels of protection.

Address

  • Street: 1080 Grande Allée West
  • City: Quebec City
  • Province: QC
  • Postcode: G1S 1C7

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