Search company, investor...

Predict your next investment

Corporation
FINANCE | Insurance
ia.ca

Investments

8

Portfolio Exits

4

Partners & Customers

10

About iA Financial Group

iA Financial Group (TSX: IAG) is an insurance and wealth management company. It offers life and health, auto and home, group, and other insurance plans. The company also provides wealth management and corporate services. It was founded in 1892 and is based in Quebec City, Canada.

Headquarters Location

1080 Grande Allee Ouest Post Office Box 1907, Station Terminus

Quebec City, Quebec, G1K 7M3,

Canada

1-800-463-6236

Are you an investor?
Submit your portfolio details now to be considered in our investor rankings.

Latest iA Financial Group News

iA Financial Group announces addition to boards of directors

Nov 14, 2023

He has over 25 years of experience Share iA Financial Group has announced the addition of Martin Gagnon to the boards of directors of iA Financial Corporation and Industrial Alliance Insurance and Financial Services. Gagnon, who is set to assume his role in January, brings over 25 years of experience in banking, asset management, and brokerage firms. From 2016 to 2023, he served as executive vice president of wealth management and co-president and co-CEO of National Bank Financial (NBF). Prior to this, he held positions of increasing responsibility at the National Bank of Canada and its subsidiaries. His background includes senior roles at renowned institutions such as Goldman Sachs and Laurentian Bank. Gagnon holds a Bachelor’s in Commerce Finance from Université du Québec à Montréal, as well as a Master’s in Business Administration from the University of British Columbia. Additionally, he has a Chartered Financial Analyst (CFA) designation. Gagnon is set to join iA Financial Corporation’s board now comprises 15 directors, 14 of whom are independent and 47% of whom are women. Simultaneously, the Industrial Alliance Insurance and Financial Services board now boasts 14 directors, 13 of whom are independent and 50% of whom are women. Last month, iA Financial Group announced that it had entered a deal to acquire Vericity for US$170 million. The deal was characterized as a bid to grow the company’s presence in the US. “With this acquisition, we are adding scale to our already well-established and successful US individual life insurance business and creating value for our shareholders by building on our core insurance and distribution competencies,” said Mike Stickney, executive vice president, chief growth officer US operations, co-head of acquisitions. What are your thoughts on this story? Feel free to comment below. Related Stories

iA Financial Group Investments

8 Investments

iA Financial Group has made 8 investments. Their latest investment was in Bolo Live as part of their Seed VC on December 12, 2022.

CBI Logo

iA Financial Group Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

12/28/2022

Seed VC

Bolo Live

$5.6M

Yes

1

3/17/2022

Series E

Subscribe to see more

Subscribe to see more

10

2/22/2021

Series C

Subscribe to see more

$99M

Subscribe to see more

10

7/28/2020

Series B - IV

Subscribe to see more

$99M

Subscribe to see more

10

5/21/2019

Unattributed VC

Subscribe to see more

$99M

Subscribe to see more

10

Date

12/28/2022

3/17/2022

2/22/2021

7/28/2020

5/21/2019

Round

Seed VC

Series E

Series C

Series B - IV

Unattributed VC

Company

Bolo Live

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

$5.6M

$99M

$99M

$99M

New?

Yes

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

10

10

10

10

iA Financial Group Portfolio Exits

4 Portfolio Exits

iA Financial Group has 4 portfolio exits. Their latest portfolio exit was PolicyGenius on April 25, 2023.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

4/25/2023

Acquired

$99M

13

12/3/2020

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

8/21/2020

IPO

Subscribe to see more

$99M

Subscribe to see more

10

3/16/2018

Reverse Merger

Subscribe to see more

$99M

Subscribe to see more

10

Date

4/25/2023

12/3/2020

8/21/2020

3/16/2018

Exit

Acquired

Acquired

IPO

Reverse Merger

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

13

10

10

10

iA Financial Group Acquisitions

9 Acquisitions

iA Financial Group acquired 9 companies. Their latest acquisition was Vericity on October 03, 2023.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

10/3/2023

$99M

Acq - Pending

2

11/2/2021

Subscribe to see more

$99M

Subscribe to see more

10

1/10/2020

Subscribe to see more

$99M

Subscribe to see more

10

1/10/2020

Subscribe to see more

$99M

Subscribe to see more

10

1/10/2020

Subscribe to see more

$99M

Subscribe to see more

10

Date

10/3/2023

11/2/2021

1/10/2020

1/10/2020

1/10/2020

Investment Stage

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Acq - Pending

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

2

10

10

10

10

iA Financial Group Partners & Customers

10 Partners and customers

iA Financial Group has 10 strategic partners and customers. iA Financial Group recently partnered with Mitchell International on June 6, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

6/23/2023

Vendor

United States

Quebec’s iAAH Deploys Mitchell Solutions for Claims

Through Mitchell International WorkCenter , iAAH has accelerated claims handling activities including loss profiling with integration , estimating , review and repair management , according to the vendor .

1

9/5/2022

Client

United States

1

9/1/2020

Vendor

United States, and Canada

Bank of New York Mellon : CIBC Mellon Selected to Provide Fund Services for iA Financial Group

CIBC Mellon announced today that iA Financial Group has selected CIBC Mellon Trust Company and its global enterprise partners BNY Mellon and CIBC Mellon Trust Company to provide an array of fund services , asset servicing and data solutions as part of iA Financial Group 's enterprise technology , fund services and operations modernization efforts .

1

5/12/2020

Partner

Canada

Subscribe to see more

Subscribe to see more

10

5/12/2020

Vendor

Canada

Subscribe to see more

Subscribe to see more

10

Date

6/23/2023

9/5/2022

9/1/2020

5/12/2020

5/12/2020

Type

Vendor

Client

Vendor

Partner

Vendor

Business Partner

Country

United States

United States

United States, and Canada

Canada

Canada

News Snippet

Quebec’s iAAH Deploys Mitchell Solutions for Claims

Through Mitchell International WorkCenter , iAAH has accelerated claims handling activities including loss profiling with integration , estimating , review and repair management , according to the vendor .

Bank of New York Mellon : CIBC Mellon Selected to Provide Fund Services for iA Financial Group

CIBC Mellon announced today that iA Financial Group has selected CIBC Mellon Trust Company and its global enterprise partners BNY Mellon and CIBC Mellon Trust Company to provide an array of fund services , asset servicing and data solutions as part of iA Financial Group 's enterprise technology , fund services and operations modernization efforts .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

1

1

10

10

iA Financial Group Team

9 Team Members

iA Financial Group has 9 team members, including current Chief Executive Officer, President, Denis Ricard.

Name

Work History

Title

Status

Denis Ricard

Chief Executive Officer, President

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Name

Denis Ricard

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Work History

Title

Chief Executive Officer, President

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Loading...

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.