Desjardins Financial Security
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%. In terms of written premium, the industry ranks second in Quebec, and fifth in Canada.
| Company type | Private |
|---|---|
| Industry | Insurance |
| Founded | 1948 in Montreal, Quebec |
| Founder | Laurent Létourneau |
| Headquarters | Lévis, Quebec , |
Area served | Canada |
Key people | Denis Dubois (president) |
| Services |
|
Net income | $763 million (2019) |
| Total assets | $127.9 billion (2019) |
Number of employees | 4,946 employee, 6,157 brokers (December 31, 2019) |
| Parent | Desjardins Financial Corporation inc. |
| Website | desjardinslifeinsurance |
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. They represent more than 5 million Canadians and administer over 100 billions in assets.
In 2018, they are targeting four new acquisition sectors: P&C insurance, wealth management, payment world and fintech/insurtech.