COMPANY INFORMATION AND BIOGRAPHY:
Founded in 1892, Industrial Alliance Insurance and Financial Services Inc. is a life and health insurance company that offers a wide range of life and health insurance products, savings and retirement plans, RRSPs, mutual and segregated funds, securities, auto and home insurance, mortgage loans and other financial products and services. The fourth largest life and health insurance company in Canada, Industrial Alliance is at the head of a large financial group, which has operations across Canada as well as in the Western United States.
Industrial Alliance stock is listed on the Toronto Stock Exchange under the ticker symbol IAG. Industrial Alliance is among the 100 largest public companies in Canada. Acquisition of The North West Life Assurance Company of Canada made Industrial Alliance Pacific in which the company operates primarily in Canada's western provinces and Ontario. It offers the same insurance products and financial services as the parent company, Industrial Alliance Insurance and Financial Services. Another is that creditor insurance products to automobile dealerships, a sector in which it is currently the Canadian leader. It is also responsible, within the Industrial Alliance Group, for developing the special risks market for students, employers and associations.
In 1988, Industrial Alliance acquires The National Life Assurance Company of Canada, a Toronto-based company founded in 1899. Until June 2005, National Life offered its own line of insurance products and financial services across the country through its Vancouver, Calgary, Winnipeg, Toronto, Montreal and Halifax offices. National Life was integrated with Industrial Alliance on June 30, 2005. At the turn of the millennium, Industrial Alliance embarks on an entirely new course: in February 2000, Industrial Alliance becomes a stock company and makes its official entry onto the Toronto Stock Exchange under the ticker symbol IAG.
Demutualization is a process in which the ownership structure of a mutual insurance company is converted to that of a stock company. Demutualization provides Industrial Alliance with better access to financial markets in order to obtain the funds necessary for its ongoing development. Demutualization is also beneficial for policyholders as it results in the allotment of all of the Company's common shares to some 700,000 members.
The five simple yet stylized lines that form the elephant symbolize the Company's contemporary, dynamic, solid, warm, and trustworthy nature and are an integral component of Industrial Alliance's new visual identity. Today, Industrial Alliance is a life and health insurance company that offers a full range of insurance products and financial services. The fifth largest life and health insurance company in Canada, Industrial Alliance insures over 1.7 million Canadians, employs more than 2,600 people and manages over $30 billion in assets.
Industrial Alliance’s corporate image evolved in March 2007. Its new logo, inspired by the previous one, but with a more solid appearance, truly reflects its identity as a financial
institution and its new challenges.
Customer Service Phone: 1-800-463-6236
Customer Service Fax: 418-684-5106
Contact's Name: Paul Warner - Complaint Officer
Contact's Phone: 604-734-1667
