Economical Insurance

Waterloo, Canada Founded: 1871 • Age: 155 yrs
Serves as a property and casualty insurance carrier.
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors - Known backers
Products - Services tracked
Competitors 7 Brand Intelligence

About Economical Insurance

Economical Insurance is a company based in Waterloo (Canada) founded in 1871. It operates as a B2C. Economical Insurance has completed 2 acquisitions, including Petsecure and Western FIC. Economical Insurance operates in a competitive market with competitors including Intact Ventures, Trisura, ICPEI Holdings, Travelers Canada and Northbridge Financial Corporation, among others.

  • Headquarter Waterloo, Canada
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    Not available
  • Investments & Acquisitions
    Petsecure

    & 1 more

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People of Economical Insurance

Headcount 1000-5000
Employee Profiles 59
Employee Profiles
People
Ali Khan
Underwriter IRCA
People
Giuliano Manazzone
Assistant Vice President, Ontario Sales & Distribution
People
Ken Santarossa
Director, Business Development, Sales & Distribution, Alberta & The Prairies
People
Danny Marques
Director, Business Development - Eastern Ontario & GTA

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Funding Insights of Economical Insurance

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Detailed funding history for Economical Insurance

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  • Round names and dates
  • Funding amounts
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  • Valuation history

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Investments & Acquisitions by Economical Insurance

Economical Insurance has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Petsecure and Western FIC.

Investments
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Investment portfolio details for Economical Insurance

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  • Portfolio identities
  • Transaction dates
  • Round details
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Insurance services are provided to clients in the United States.
Locked Locked 2019 Locked
Pet insurance services are delivered via an internet-first approach.
Locked Locked 1989 Locked
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Complete acquisition details for Economical Insurance

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Economical Insurance

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Detailed financials for Economical Insurance

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Economical Insurance Comparisons

Economical Insurance Primary company
Description
Serves as a property and casualty insurance carrier.
Location
Waterloo, Canada
Founded Year
1871
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Economical Insurance

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
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  • Operating benchmarks

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Competitors of Economical Insurance

Economical Insurance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Intact Ventures, Trisura, ICPEI Holdings, Travelers Canada and Northbridge Financial Corporation, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of property & casualty insurances
Locked Locked Locked
P&C insurance carrier
Locked Locked Locked
Provider of commercial and personal lines insurance products
Locked Locked Locked
Provides insurance coverage for cars, homes, and commercial needs in Canada.
Locked Locked Locked
Offers insurance solutions through brokers and direct services for businesses in Canada.
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Detailed competitors of Economical Insurance

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Economical Insurance

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Complete news archive for Economical Insurance

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Economical Insurance

Economical Insurance was founded in 1871.

Economical Insurance is headquartered in Waterloo, Canada. It is registered at Waterloo, Ontario, Canada.

Economical Insurance serves as a property and casualty insurance carrier through offering financial products and advice, offering insurance products, property and casualty, and insurance services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

Economical Insurance's top competitors include Intact Ventures, Trisura and ICPEI Holdings.

Economical Insurance has made 2 acquisitions, including Petsecure, and Western FIC.

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