The Economical Insurance Group

waterloo insurance company

The Economical Insurance Group

The Economical Insurance Group is a general insurer with a Canada wide presence. It is the largest property and casualty insurer in Canada. The group has 700,000 policy holders and 1,300 employees. It was founded in 1871 in Kitchener, Ontario as The Economical Mutual Fire Insurance Company of Berlin. The Economical still is a mutual society. It has $2.5 billion in assets and has more than doubled in size since 1998. It is still a mutual company

Subsidiaries

They have a number of member companies, including the Perth Insurance Company, The Mattei Companies, Federation Insurance Company of Canada, The Missisquoi Insurance Company, Western General, Waterloo Insurance Company, Westmount Financial and Family Insurance Solutions Inc. All Economical member companies sell their policies through independent brokers.

Federation Insurance C... http://insurance-auto.ucoz.com/news/waterloo_insurance_company/2013-05-31-2690