iA Financial Group
Industrial Alliance Insurance and Financial Services, founded in 1892, is a prominent Canadian insurance company that provides a wide array of financial products and services. These offerings include life and health insurance, savings and retirement plans, mutual and segregated funds, auto and home insurance, as well as mortgages and car loans. The company manages over $126 billion in assets and operates across various segments, including Insurance Canada, Individual Wealth Management, Investment, Corporate, and U.S. Operations. With a focus on conservative investment strategies and robust risk management, Industrial Alliance maintains financial stability, allowing it to adapt to changing economic conditions while delivering value to its clients in Canada and the United States.
Vericity
Acquisition in 2023
Vericity, Inc. specializes in providing life insurance protection products for the middle American market through its subsidiaries. The company operates primarily in two segments: Agency and Insurance. The Agency segment sells life insurance products from various unaffiliated insurance companies using a call center distribution platform, independent agents, and other marketing organizations. It also engages in insurance lead sales via its eCoverage web presence. The Insurance segment offers term life, accidental death, and final expense products, distributing these offerings through independent producers, including direct distributors and regional and national independent producer groups. Vericity distinguishes itself with innovative product designs and sales processes, focusing on rapidly issued products that do not require medical underwriting at the time of sale. The company is headquartered in Chicago, Illinois.
Policygenius
Series E in 2022
Policygenius Inc. is an online insurance brokerage that specializes in providing a wide range of insurance products including life, health, long-term disability, pet, and renters’ insurance. Founded in 2014 and headquartered in New York, the company combines advanced technology with the expertise of licensed agents to assist individuals in finding the appropriate coverage for their needs. The platform allows users to review and compare quotes, making it easier to select the right insurance policy at competitive prices. Policygenius has served millions of customers and has placed over $160 billion in insurance coverage, establishing itself as a significant resource in the insurance marketplace.
Groupe Financier Moreau
Acquisition in 2016
Groupe Financier Moreau Inc. is a financial services firm based in Laval, Canada, specializing in life insurance and travel insurance. The company also provides a range of financial services, including tax and estate planning advice, to meet the diverse needs of its clients. Additionally, Groupe Financier Moreau offers training services for financial advisors, contributing to the professional development of those in the industry. As of March 2016, it operates as a subsidiary of National Financial Insurance Agency Inc.
BBA Financial Group
Acquisition in 2015
BBA Financial Group is a provider and distributor of personal insurance products, specializing in various types of insurance coverage. The company offers life and health insurance, as well as specialized plans including emergency medical travel insurance, sports travel insurance, accident insurance, student travel insurance, and risk travel insurance. BBA Financial Group distributes these products through a network of representatives and financial services companies, ensuring accessibility to a wide range of clients seeking personal insurance solutions.
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