Canada · Canada · class M
Microinsurer insurance companies in Canada
3 licensed microinsurer insurers, 2% of the 198 insurance entities supervised by the Office of the Superintendent of Financial Institutions (federal); AMF Quebec, FSRA Ontario, BCFSA and other provincial regulators for provincially incorporated insurers. Low-premium covers for low-income households and small businesses.
| Company | Class | Parent / group | Ownership | Regulator | Verification |
|---|---|---|---|---|---|
| Canada Guaranty Mortgage Insurance Company Canadian-incorporated FRFI | MMicroinsurer | Canada Guaranty | Domestic private | OSFI / provincial | Verified |
| MIC Insurance Company Canada Canadian-incorporated FRFI | MMicroinsurer | Sagen | Domestic private | OSFI / provincial | Verified |
| Sagen Mortgage Insurance Company Canada Canadian-incorporated FRFI | MMicroinsurer | Sagen (Brookfield) | Domestic private | OSFI / provincial | Verified |
No insurers match that filter.
About microinsurer insurers in Canada
How many microinsurer insurers are licensed in Canada?
3 of the 198 licensed insurance entities in Canada are classified as microinsurer (2%), according to the OSFI / provincial register as reflected in this directory (verified - full register).
Who regulates microinsurer insurers in Canada?
Office of the Superintendent of Financial Institutions (federal); AMF Quebec, FSRA Ontario, BCFSA and other provincial regulators for provincially incorporated insurers (OSFI / provincial), under ~200 federally regulated insurers; provincially incorporated insurers (Desjardins/Beneva, iA, Gore Mutual, most farm mutuals) are outside OSFI. Official website: https://osfi-bsif.gc.ca.
Are the microinsurer insurers in Canada locally or foreign owned?
0 of 3 belong to regional or foreign multinational groups, 0 are state-owned, and the rest are domestic private companies.
Data: /api/v1/countries/canada.json (filter by class = "microinsurer"). Licence CC BY 4.0, attribute KAFS North America.