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About the company
Definity Financial Corporation is a property and casualty insurer in Canada. It provides service and reliable insurance coverage, whether through a licensed broker or its digital direct channel. It offers both personal and commercial insurance products. It offers auto, property, liability, and pet insurance products to individual customers. Its commercial lines insurance operations include fleet, individually rated commercial auto, property, liability and specialty insurance products, which are provided to businesses of all sizes in Canada. The Company’s brands include Economical Insurance, Sonnet Insurance Company, Family Insurance Solutions Inc., and Petline Insurance Company. Petline Insurance Company is a pet health insurance company. Family Insurance Solutions Inc. is a distributor of home and optional auto insurance in British Columbia. Economical Insurance is a property and casualty insurance company. Sonnet Insurance Company helps to purchase insurance directly online.
- Revenue in CAD (TTM)4.76bn
- Net income in CAD418.20m
- Incorporated2021
- Employees3.39k
- LocationDefinity Financial Corp111 Westmount Road South,P.O. Box 2000WATERLOO N2L 2L6CanadaCAN
- Phone+1 (519) 570-8500
- Websitehttps://www.definityfinancial.com/
Mergers & acquisitions
| Acquired company | DFY:TOR since announced | Transaction value |
|---|---|---|
| 8527512 Canada Inc | -1.48% | -- |
| Travelers Insurance Co of Canada | -1.48% | 2.40bn |
| Isure Insurance Inc | 9.42% | -- |
