IA Financial Group

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iA Financial Group (a.k.a. Industrial Alliance) is a Canadian insurance and wealth management group that operates in Canada and the United States.^[1] It is one of the largest public companies in Canada.

Key Information

Invested in you
Headquarters, Quebec City
Company type	Business Corporation (Quebec)
Traded as	TSX: IAG (Common) TSX: IAF (Preferred)
Industry	Financial services, Insurance
Founded	1892; 133 years ago (1892)
Founder	Hormidas Laporte and Bernard Leonard
Headquarters	Quebec , 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)
Number of employees	9,200 (June 2023)
Website	ia.ca
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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.^[2]

In October 2023, iA Financial Group acquired Vericity, a U.S.-based insurance company, for $170 million.^[3]

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

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