The Canada Life Assurance Company Overview
- Year Founded
-
1846
- Status
-
Acquired/Merged
- Employees
-
13,000
- Latest Deal Type
-
M&A
- Financing Rounds
-
2
- Investments
-
12
The Canada Life Assurance Company General Information
Description
Provider of insurance and wealth management products and services intended to improve financial, physical and mental well-being. The company's life insurance services include critical illness insurance, creditor insurance, disability insurance, retirement insurance and related services, thereby enabling individuals and business owners to protect their lives, businesses and lives of their loved ones.
Contact Information
Website
www.canadalife.com(Operating Subsidiary)
Corporate Office
- 330 University Avenue
- Toronto, Ontario M5G 1R8
- Canada
Corporate Office
- 330 University Avenue
- Toronto, Ontario M5G 1R8
- Canada
The Canada Life Assurance Company Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
The Canada Life Assurance Company Comparisons
Industry
Financing
Details
The Canada Life Assurance Company Competitors (59)
One of The Canada Life Assurance Company’s 59 competitors is Sun Life Financial, a Corporation company based in Toronto, Canada.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Sun Life Financial | Corporation | Toronto, Canada | ||||
| Manulife | Corporation | Toronto, Canada | ||||
| Massmutual Long Island Metro | Corporation | Syosset, NY | ||||
| The Great-West Life Assurance Company | Corporation | Winnipeg, Canada | ||||
| New York Life Insurance Company | Private Debt Financed | New York, NY |
The Canada Life Assurance Company Patents
The Canada Life Assurance Company Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| CA-2208657-A1 | Computerized system for assessing, recording and reporting risk of dental diseases | Inactive | 21-Jun-1996 | ||
| CA-2208663-A1 | Risk assessment models for prevention and treatment of caries and periodontal disease | Inactive | 21-Jun-1996 |
The Canada Life Assurance Company Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
The Canada Life Assurance Company Investments & Acquisitions (12)
The Canada Life Assurance Company’s most recent deal was a Merger/Acquisition with Investment Planning Counsel for . The deal was made on 30-Nov-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Investment Planning Counsel | 30-Nov-2023 | Merger/Acquisition | Asset Management | ||
| Value Partners Investments | 08-Sep-2023 | Merger/Acquisition | Asset Management | ||
| Distribution of Life and Pension Products (Allied Irish Banks / Canada Life) | 01-Dec-2022 | Joint Venture | Other Financial Services | ||
| Summitas Gruppe | 21-Oct-2022 | Joint Venture | Holding Companies | ||
| ClaimSecure | 01-Sep-2021 | Merger/Acquisition | Practice Management (Healthcare) |
The Canada Life Assurance Company Subsidiaries (5)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Value Partners Investments | Asset Manager | Winnipeg, Canada | 2005 |
| Investment Planning Counsel | Asset Management | Mississauga, Canada | |
| The Canada Life Assurance Company United States Consolidated Pension Plan | Corporate Pension | Greenwood Village, CO | |
| ClaimSecure | Practice Management (Healthcare) | Mississauga, Canada | |
| United States Business of Canada Life Assurance Company | Insurance Company | Greenwood Village, CO |
The Canada Life Assurance Company FAQs
-
When was The Canada Life Assurance Company founded?
The Canada Life Assurance Company was founded in 1846.
-
Where is The Canada Life Assurance Company headquartered?
The Canada Life Assurance Company is headquartered in Toronto, Canada.
-
What is the size of The Canada Life Assurance Company?
The Canada Life Assurance Company has 13,000 total employees.
-
What industry is The Canada Life Assurance Company in?
The Canada Life Assurance Company’s primary industry is Life and Health Insurance.
-
Is The Canada Life Assurance Company a private or public company?
The Canada Life Assurance Company is a Private company.
-
What is the current valuation of The Canada Life Assurance Company?
The current valuation of The Canada Life Assurance Company is .
-
What is The Canada Life Assurance Company’s current revenue?
The current revenue for The Canada Life Assurance Company is .
-
How much funding has The Canada Life Assurance Company raised over time?
The Canada Life Assurance Company has raised $455M.
-
Who are The Canada Life Assurance Company’s competitors?
Sun Life Financial, Manulife, Massmutual Long Island Metro, The Great-West Life Assurance Company, and New York Life Insurance Company are some of the 59 competitors of The Canada Life Assurance Company.
-
When was The Canada Life Assurance Company acquired?
The Canada Life Assurance Company was acquired on 10-Jul-2003.
-
Who acquired The Canada Life Assurance Company?
The Canada Life Assurance Company was acquired by Great-West Lifeco.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »
