The Co-operators Group Limited
Overview
Co-operators was founded in 1945 and is headquartered in Guelph, Ontario, Central Canada. It is a Canadian-owned multi-product insurance and financial services organization with assets of more than $8.9 billion. It has 4,383 employees and is supported by a multi-channel distribution model, which is primarily led by a dedicated Financial Advisor network with 2,808 licensed insurance representatives throughout Canada. Other distribution networks include independent brokers, in-house home and auto contact centers marketed through credit union relationships, and other third-party channels. Under its primary line of business, Property and Casualty insurance, it protects over 888,000 homes, 1.5 million vehicles, 42,000 farms, and 279,000 businesses. The company has 46 member organizations located across Canada, including 7 in British Columbia; 5 in Alberta, Saskatchewan, and Manitoba; and 8 in Ontario, Quebec, and the Atlantic provinces. The Company operates exclusively in Canada.
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Quick Facts
| Company Name | The Co-operators Group Limited |
|---|---|
| Industry | Insurance company |
| HQ Address | Guelph, Ontario, Canada |
| Revenue | $4,457.5 million [2022] |
| Employee Size | 6962 |
| Company Type | Public |
| Fiscal Year-End | December 31st |
| Website | www.cooperators.ca |
| Subsidiaries | Addenda Capital Inc., Co-operators General Insurance Company, Co-operators Life Insurance Company, Co-operators Financial Investment Services Inc., Cumis General, Duuo, and More |
| Locations | British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, and Atlantic |
| Competitors | Sun Life, Royal Bank of Canada, and Desjardins Group |
| Recognition & Awards | In June 2022, Co-operators ranked #1 in customer experience among home insurance providers in Canada for the second year in a row, based on results from Pollara Strategic Insights’ annual insurance poll. |
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