Insurance is like a safety net that protects individuals and businesses from unexpected financial losses. Just as a tightrope walker relies on their safety net to catch them if they fall, insurance provides peace of mind in case of accidents or disasters. However, not all insurance policies are created equal, and finding the right coverage…
Industrial Alliance, Canada’s fourth-largest life and health insurance company, purchased iA Excellence in 2008. This was a Montreal-based life insurance company that had been around since 1962. After the Group management announced the merger of Industrial Alliance and IA Excellence into a single entity, IA Financial Group, the logical conclusion to this strategic acquisition was…
Merger of Excellence Life Insurance Company and Industrial Alliance Insurance and Financial Services Inc QUEBEC CITY, Sept. 25, 2019 /CNW Telbec/ – iA Financial Group today announces the merger of two companies of its group: Excellence Life Insurance Company (hereinafter “Excellence”) and Industrial Alliance Insurance and Financial Services Inc. (hereinafter “iA Insurance”). Subject to regulatory approval, the…