The Co-Operators Group Ltd - Company Profile
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The Co-Operators Group Ltd (Co-Operators) provides insurance products and financial services. The company offers property and casualty insurance, life insurance, and investment products. Its insurance product portfolio includes home, auto, life, business, farm insurance, and travel insurance. Co-Operators provide institutional investment and asset management services. The company also offers wealth management products for individuals and groups. In addition, Co-Operators offer discretionary investment advisory services to pension plans, insurance companies, endowments, foundations, governments, corporations, and mutual funds. The company's operations are spanned across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, and the Atlantic. The Co-Operators is headquartered in Ontario, Canada.
Headquarters
Canada
Address
130 Macdonell Street, Guelph, Ontario, N1H6P8
Website
www.cooperators.ca
Telephone
1 519 8244400
No of Employees
6,962
Industry
Financial Services
Revenue (2022)
$3.4B
The Co-Operators Group Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Insurance: | Asset Management |
| Home Insurance | Investment Advisory |
| Auto Insurance | Claims Management |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In January, the company announced the acquisition of Assurances Oligny Inc. |
| 2022 | New Products/Services | In April, the company launches enhanced cyber-insurance coverage for Business policyholders. |
| 2020 | Acquisitions/Mergers/Takeovers | In November, Co-Operators announced the acquisition of Linda Rioux Assurances, an insurance agency in Canada. |
Competitor Comparison
| Key Parameters | The Co-Operators Group Ltd | Intact Financial Corp | The Wawanesa Mutual Insurance Co | RSA group plc | TD Insurance, Inc. |
|---|---|---|---|---|---|
| Headquarters | Canada | Canada | Canada | United Kingdom | United States of America |
| City | Guelph | Toronto | Winnipeg | London | South Portland |
| State/Province | Ontario | Ontario | Manitoba | England | Maine |
| No. of Employees | 6,962 | 28,500 | 5,600 | - | - |
| Entity Type | Private | Public | Private | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| John Harvie | Chairman | Executive Board | 2014 | - |
| Robert Wesseling | President; Chief Executive Officer | Senior Management | 2016 | - |
| Karen Higgins | Executive Vice President - Finance; Chief Financial Officer | Senior Management | 2018 | - |
| Harry Pickett | Chief Information Officer; Executive Vice President | Senior Management | 2021 | - |
| Kevin Daniel | Chief Client Officer; Executive Vice President | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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