Top 10 Insurance Companies in Canada

We’re tracking 5,942 Insurance companies in Canada.

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Companies	Employees	HQ location	Revenue	Founded	Estimated Traffic	Industries
Manulife	View 26,004 employees	🇨🇦 Ontario, Toronto+16	$ >1000M	2015	18,479,999	Financial Services, Retirement
Intact Financial Corporation	View 12,716 employees	🇨🇦 Ontario, Toronto+17	$ >1000M	1809	388,041	Financial Services, Insurance
Great-West Lifeco	View 293 employees	🇨🇦 Winnipeg+4	$ >1000M	1847	8,414	Financial Services, Insurance
Industrial Alliance Insurance and Financial Services Inc.	View 7,894 employees	🇨🇦 Quebec+16	$ >1000M	1892	2,390,723	Financial Services, Advice
Canada Life	View 9,484 employees	🇨🇦 Ontario, Toronto+12	$ 500-1000M	1847	15,703,999	Financial Services, Insurance
Chrysler Canada	View 19 employees	🇨🇦 Quebec, Les Îles-de-la-madeleine+2	$ 500-1000M	2011	393,615	Insurance, Automotive
Sun Life Retirement Services	View 455 employees	🇨🇦 Quebec, Montréal+36	$ 500-1000M	1992	4,579,999	Financial Services, Insurance
The Co-operators Group Limited	View 6,164 employees	🇨🇦 Ontario, Guelph+35	$ 500-1000M	1945	1,506,665	Financial Services, Insurance
Beneva	View 3,348 employees	🇨🇦 Quebec, Québec City+5	$ 500-1000M	2020	571,387	Financial Services, Health Insurance
AMA – Alberta Motor Association	View 1,154 employees	🇨🇦 Alberta, Edmonton+28	$ 500-1000M	1926	1,782,222	Insurance, Auto Insurance
Manulife	View 26,004 employees	🇨🇦 Ontario, Toronto+16	$ >1000M	2015	18,479,999	Financial Services, Retirement
Intact Financial Corporation	View 12,716 employees	🇨🇦 Ontario, Toronto+17	$ >1000M	1809	388,041	Financial Services, Insurance
Great-West Lifeco	View 293 employees	🇨🇦 Winnipeg+4	$ >1000M	1847	8,414	Financial Services, Insurance
Industrial Alliance Insurance and Financial Services Inc.	View 7,894 employees	🇨🇦 Quebec+16	$ >1000M	1892	2,390,723	Financial Services, Advice
Canada Life	View 9,484 employees	🇨🇦 Ontario, Toronto+12	$ 500-1000M	1847	15,703,999	Financial Services, Insurance
Chrysler Canada	View 19 employees	🇨🇦 Quebec, Les Îles-de-la-madeleine+2	$ 500-1000M	2011	393,615	Insurance, Automotive
Sun Life Retirement Services	View 455 employees	🇨🇦 Quebec, Montréal+36	$ 500-1000M	1992	4,579,999	Financial Services, Insurance
The Co-operators Group Limited	View 6,164 employees	🇨🇦 Ontario, Guelph+35	$ 500-1000M	1945	1,506,665	Financial Services, Insurance
Beneva	View 3,348 employees	🇨🇦 Quebec, Québec City+5	$ 500-1000M	2020	571,387	Financial Services, Health Insurance
AMA – Alberta Motor Association	View 1,154 employees	🇨🇦 Alberta, Edmonton+28	$ 500-1000M	1926	1,782,222	Insurance, Auto Insurance

1. Manulife

Manulife, based in Ontario, Canada, stands as a leading entity in the global insurance landscape, offering a broad range of financial protection and wealth management solutions. Serving millions across Canada, Manulife provides vital insurance products, including life, health, and travel insurance, alongside innovative investment and retirement planning services. The company actively pursues strategies aimed at simplifying the customer experience while leveraging technology to enhance its service offerings, thereby maintaining its significant position in Canada’s competitive insurance sector.

Location 🇨🇦 Ontario, Toronto	Size View 26,004 employees
Revenue $ >1000M	Industries Community and Lifestyle, Financial Services, Professional Services
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2. Intact Financial Corporation

Intact Financial Corporation, headquartered in Toronto, Ontario, is Canada’s largest provider of property and casualty insurance. This esteemed company not only leads the market in Canada but also has a significant presence in specialty insurance in the US and the UK. Intact’s diverse offerings, including automobile, property, and liability insurance, cater to the needs of millions of individuals and businesses across the country, making it a pivotal player in the Canadian insurance landscape. Their strategic acquisitions and customer-centric approach have consistently driven growth and customer satisfaction in competitive markets.

Location 🇨🇦 Ontario, Toronto	Size View 12,716 employees
Revenue $ >1000M	Industries Financial Services
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3. Great-West Lifeco

Great-West Lifeco, headquartered in Winnipeg, Manitoba, is a premier insurance and financial services company in Canada. It operates under multiple well-known entities, including Canada Life, providing a broad spectrum of life and health insurance products. With a strong presence in the Canadian market, Great-West Lifeco leverages its extensive network and expertise to deliver innovative insurance solutions that cater to the diverse needs of individuals and businesses across Canada, enhancing their financial stability and offering security against uncertainties.

Location 🇨🇦 Winnipeg	Size View 293 employees
Revenue $ >1000M	Industries Financial Services, Community and Lifestyle
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4. Industrial Alliance Insurance and Financial Services Inc.

Industrial Alliance Insurance and Financial Services Inc., headquartered in Québec, operates extensively across Canada, including in California, where it provides a diverse range of insurance and financial products. The company specializes in life and health insurance, savings and retirement plans, and mutual and segregated funds. Industrial Alliance aims to support individuals and businesses in achieving their financial goals through tailored solutions, reinforcing its position as a leading player in the North American insurance and financial services market.

Location 🇨🇦 Quebec	Size View 7,894 employees
Revenue $ >1000M	Industries Financial Services, Professional Services, Community and Lifestyle
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5. Canada Life

Canada Life, headquartered in Toronto, Ontario, Canada, is a premier provider of insurance and financial services. A key player in the Canadian insurance industry, they offer a comprehensive range of life, health, and disability insurance products designed to meet the varied needs of individuals and businesses across Canada. Strategically, Canada Life is committed to enhancing its offerings in the digital space, looking to make insurance more accessible through technology-driven solutions. Their approach combines a deep understanding of local needs with the robust resources of a longstanding institution, making them a trusted name in the Canadian market.

Location 🇨🇦 Ontario, Toronto	Size View 9,484 employees
Revenue $ 500-1000M	Industries Financial Services, Professional Services
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6. Chrysler Canada

Chrysler Canada, part of the global Stellantis group, is renowned for its robust presence in the automotive industry in Canada. While primarily known for manufacturing and selling vehicles under renowned brands, its extended services include offering comprehensive insurance solutions to its customers. This approach not only simplifies the ownership experience but also aligns with the needs of Canadian drivers by providing tailored insurance that ensures optimal coverage for their vehicles. Chrysler’s foray into the insurance sector underscores their commitment to addressing customer needs in Canada through integrated services.

Location 🇨🇦 Quebec, Les Îles-de-la-madeleine	Size View 19 employees
Revenue $ 500-1000M	Industries Financial Services, Transportation
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7. Sun Life Retirement Services

Sun Life Retirement Services, based in Canada, specializes in providing comprehensive retirement solutions tailored to meet the evolving needs of clients nationwide. This branch of Sun Life focuses on helping individuals secure their financial future through a variety of retirement plans and services. With a strong presence in the Canadian market, Sun Life Retirement Services offers innovative products that cater to the diversity of retirement goals, ensuring clients can achieve a comfortable and stable retirement. The company’s offerings play a pivotal role in supporting Canadians as they transition from their working years to retirement, emphasizing customer-centric solutions and financial security.

Location 🇨🇦 Quebec, Montréal	Size View 455 employees
Revenue $ 500-1000M	Industries Financial Services, Professional Services
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8. The Co-operators Group Limited

The Co-operators Group Limited, based in Guelph, Ontario, Canada, is a prominent cooperative with a unique business model. Specializing in insurance and financial services, it serves Canadians with a diverse range of products including home, auto, life, commercial, and farm insurance. Its collaborative approach extends beyond traditional insurance by investing in community programs and sustainability initiatives. The company prides itself on being a responsive and ethically driven organization, tailor-made to meet the evolving needs of Canadians while maintaining strong values in corporate social responsibility.

Location 🇨🇦 Ontario, Guelph	Size View 6,164 employees
Revenue $ 500-1000M	Industries Financial Services
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10. AMA – Alberta Motor Association

AMA – Alberta Motor Association, headquartered in Edmonton, Alberta, stands as a beacon in the Canadian insurance landscape. Serving thousands across Alberta, AMA offers a robust array of insurance services including auto, home, travel, and life insurance, alongside exclusive member benefits. The organization focuses on delivering exceptional service and comprehensive coverage to ensure the security and satisfaction of its members, reinforcing its motto of being ‘always there when you need us.’ As a pillar in Alberta’s insurance industry, AMA continues to innovate and adapt to the evolving needs of its customers.

Location 🇨🇦 Alberta, Edmonton	Size View 1,154 employees
Revenue $ 500-1000M	Industries Financial Services
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Opportunities for Growth and Innovation in the Canadian Insurance Industry

Strategic Sales Approaches for Targeting Insurance Companies in Canada

The Role of Technology in Transforming Canada’s Insurance Landscape

Navigating Regulatory and Compliance Challenges in the Canadian Insurance Market

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