IA Financial Group

Last updated
iA Financial Group
Company typeBusiness Corporation (Quebec)
TSX:  IAG (Common)
TSX:  IAF (Preferred)
Industry Financial services, Insurance
Founded1892;133 years ago (1892)
Founder Hormidas Laporte and Bernard Leonard
Headquarters,
Key people
Denis Ricard (President and CEO)
ProductsIndividual 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.ca

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.

Contents

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

References

  1. iA Financial Group is a business name and trademark of Industrial Alliance Insurance and Financial Services Inc.
  2. "Fact Sheet" (PDF).
  3. "iA Financial Group to Acquire Vericity in $170 million Transaction". Yahoo Finance. 2023-10-03. Retrieved 2023-10-03.

Further reading