iA Financial Group

{{Short description|Insurance and wealth management company}}

{{More citations needed|date=July 2022}}

{{Infobox company

| name = iA Financial Group

| logo = IA Financial Group logo.svg

| logo_caption = Invested in you

| image = Siège social ia groupe financier.jpg

| image_caption = Headquarters, Quebec City

| type = Business Corporation (Quebec)

| traded_as = {{tsx|IAG}} (Common)
{{tsx|IAF}} (Preferred)

| industry = Financial services, Insurance

| foundation = {{start date and age |1892}}

| founder = Hormidas Laporte and Bernard Leonard

| hq_location_city = Quebec

| hq_location_country = Canada

| 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)

| num_employees = 9,200

| num_employees_year = June 2023

| homepage = {{URL|https://ia.ca/}}

}}

{{DISPLAYTITLE:iA Financial Group}}

iA Financial Group ({{a.k.a.}} Industrial Alliance) is a Canadian insurance and wealth management group that operates in Canada and the United States.iA Financial Group is a business name and trademark of Industrial Alliance Insurance and Financial Services Inc. 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.{{Cite web |title=Fact Sheet |url=https://ia.ca/-/media/files/ia/investisseurs/rapportsfinanciers/trimestriel/2021/t4/ia-societe-financiere/q4-2021-iafc-fact-sheet.pdf}}

In October 2023, iA Financial Group acquired Vericity, a U.S.-based insurance company, for $170 million.{{Cite web |date=2023-10-03 |title=iA Financial Group to Acquire Vericity in $170 million Transaction |url=https://finance.yahoo.com/news/ia-financial-group-acquire-vericity-113000734.html |access-date=2023-10-03 |website=Yahoo Finance |language=en-US}}

See also

References

{{Reflist}}

Further reading

  • Zelmer, Mark. "Let There Be More Light: Enhancing Public Accountability for Prudential Supervision." CD Howe Institute Commentary 603 (2021).

Category:Financial services companies of Canada

{{Canada-company-stub}}