iA Financial Group
 | This article needs additional citations for verification. (July 2022) |
 Invested in you | |
 Headquarters, Quebec City | |
| Company type | Business Corporation (Quebec) |
|---|---|
| TSX: IAG (Common) TSX: IAF (Preferred) | |
| Industry | Financial services, Insurance |
| Founded | 1892 |
| Founder | Hormidas Laporte and Bernard Leonard |
| Headquarters | , |
Key people | Denis Ricard (President and CEO) |
| Products | Individual insurance, individual wealth management, group insurance, group savings and retirement, dealer services, general insurance (auto and home) |
Number of employees | 9,200 (June 2023) |
| Website | ia |
iA Financial Group (a.k.a. Industrial Alliance) is a Canadian insurance and wealth management group that operates in Canada and the United States.[1] It is one of the largest public companies in Canada.
The parent company, iA Financial Corporation Inc., is a portfolio management company which is listed on the Toronto Stock Exchange under the ticker symbols IAG (common shares). The preferred shares of its subsidiary, Industrial Alliance Insurance and Financial Services Inc. are listed on the Toronto Stock Exchange under the ticker symbol IAF.[2]
In October 2023, iA Financial Group acquired Vericity, a U.S.-based insurance company, for $170 million.[3]
See also
[edit]References
[edit]- ^ iA Financial Group is a business name and trademark of Industrial Alliance Insurance and Financial Services Inc.
- ^ "Fact Sheet" (PDF).
- ^ "iA Financial Group to Acquire Vericity in $170 million Transaction". Yahoo Finance. 2023-10-03. Retrieved 2023-10-03.
Further reading
[edit]- Zelmer, Mark. "Let There Be More Light: Enhancing Public Accountability for Prudential Supervision." CD Howe Institute Commentary 603 (2021).
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