Desjardins Financial Security

Desjardins Financial Security
Company typePrivate
IndustryInsurance
Founded1948; 76 years ago (1948) in Montreal, Quebec
FounderLaurent Létourneau
Headquarters
Lévis, Quebec
,
Canada
Area served
Canada
Key people
Denis Dubois (president)[1]
Services
$763 million[1] (2019)
Total assets$127.9 billion[1] (2019)
Number of employees
4,946 employee, 6,157 brokers[2] (December 31, 2019)
ParentDesjardins Financial Corporation inc.
Websitedesjardinslifeinsurance.com

Desjardins Financial Security (DFS) is the life and health insurance arm of Desjardins Group, the leading financial institution in Quebec and the largest cooperative financial group in Canada. DFS registered a record-breaking revenue data in 2016, with a year-over-year increase of 12.5%.[3] In terms of written premium, the industry ranks second in Quebec, and fifth in Canada.[4]

The head office of Desjardins Financial Security is in Lévis, Quebec, and has branches in several cities across Canada, including Vancouver, Calgary, Winnipeg, Toronto, Ottawa, Montreal, Quebec City, Halifax and St. John's.[5] They represent more than 5 million Canadians[6] and administer over 100 billions in assets.[7]

In 2018, they are targeting four new acquisition sectors: P&C insurance, wealth management, payment world and fintech/insurtech.[8]

  1. ^ a b c Assurances feuillet 2019
  2. ^ "Who we are".
  3. ^ Adriano, Lyle. "Desjardins unit hits record revenue". Insurance Business. Retrieved 2018-06-27.
  4. ^ Rapport de gestion de la Fédération des caisses Desjardins du Québec (PDF) (in French). Quebec: Desjardins. 2017. p. 33.
  5. ^ "Desjardins Sécurité financière : croissance des primes et des ventes d'assurances pour les particuliers | Quotidien économique". www.quotidieneconomique.com (in French). Retrieved 2018-06-27.
  6. ^ "Desjardins Sécurité financière : croissance des primes et des ventes d'assurances pour les particuliers | Quotidien économique". www.quotidieneconomique.com (in French). Retrieved 2018-07-03.
  7. ^ "Desjardins franchit le cap des 100 G$ d'actifs sous gestion | Journal de l'assurance". journal-assurance.ca (in French). 2017-07-19. Retrieved 2018-07-03.
  8. ^ "Desjardins Group back on the acquisition track | The Insurance and Investment Journal". insurance-journal.ca. 2018-01-04. Retrieved 2018-06-18.