Definity

Highly Engaged Employees

Definity, established in 1871, stands as a leading Canadian property and casualty insurance corporation. This multi-channel insurer specializes in delivering a diverse array of insurance products and integrated digital financial services. The company's strategic focus is on providing robust and comprehensive coverage solutions, catering to a broad spectrum of client needs within the Canadian market. Its long history underscores a deep understanding of the insurance landscape and a commitment to innovation in financial services.

Definity operates with a dedicated workforce of 1,000 to 5,000 employees, managing its extensive operations from a single key location. The company's product suite encompasses essential offerings such as commercial insurance, digital insurance platforms, and broader financial services, reflecting a commitment to both established and evolving customer demands. This operational scale and product diversity are managed by its skilled personnel. To learn more about the individuals shaping the company's direction, one can Meet Definity's team.

Financially, Definity demonstrates significant scale, reporting an annual revenue of $3.1B. The company has also bolstered its capital through substantial funding rounds, notably a $700 million share placement and a $1.6 billion stock issuance in November 2021, with notable participation from entities like the Ontario Pension Plan and Swiss Re Investments. In the competitive insurance arena, Definity contends with major players including SGI Canada, AmTrust Financial, and Zurich Canada. Detailed financial performance metrics and historical data can be accessed by clicking Explore financial highlights.