Sagen

Oakville, Canada Founded: 1995 • Age: 31 yrs Acquired By Brookfield Asset Management
Mortgage insurance is provided to Canadian lenders and borrowers.
Annual revenue $803.4M Latest available
Total funding - Funding intelligence
Employees 260 Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Sagen

Sagen is a company based in Oakville (Canada) founded in 1995 was acquired by Brookfield Asset Management in October 2020. The company has 260 employees as of December 31, 2024. Sagen offers products and services including Homebuyer 95 Program and New to Canada Program.

  • Headquarter Oakville, Canada
  • Employees 260 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Sagen Mi Canada Inc 5.4 % Non-Cum Red Pfd Registered Shs A Series 1
Operational Areas
Financial Services → Insurance & Risk Management Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $803.39 M (USD)
    -1.96
    as on Dec 31, 2025
  • Net Profit
    $382.47 M (USD)
    -13.52
    as on Dec 31, 2025
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    260

    as on Dec 31, 2024

  • Acquired by
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IPO & Listings of Sagen

Sagen is a publicly listed company on the TSX with ticker symbol MIC.PR.A in Canada, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: TSX · Ticker: MIC.PR.A · Sector: Finance · Canada

Products & Services of Sagen

Sagen offers a comprehensive portfolio of products and services, including Homebuyer 95 Program and New to Canada Program.

Product name locked
Category locked
Primary

Enables first-time buyers to purchase homes with minimal down payment

Product name locked
Category locked
Locked

Assists immigrants in acquiring property with low down payment options

People of Sagen

Headcount 200-500
Employee Profiles 84
Employee Profiles
People
Ellaha Rawi
Director, Risk Initiatives
People
Jozef Jarosciak
Enterprise Architect
People
Avinash Allam
Security Engg. Senior - IAM & Data Protection Specialist
People
Tammy York
Senior Risk Analyst

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Funding Insights of Sagen

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Detailed funding history for Sagen

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Investors in Sagen

Sagen has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Brookfield Asset Management.

All
Venture Fund
Investor Description Founded Year Domain Location
Focus is placed on real estate and renewable energy investments.
Locked Locked Locked
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Investor details for Sagen

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Investments & Acquisitions by Sagen

Investments
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Investment portfolio details for Sagen

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Financial Statements - Sagen

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Detailed financials for Sagen

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Sagen Comparisons

Sagen Primary company
Description
Mortgage insurance is provided to Canadian lenders and borro...
Location
Oakville, Canada
Founded Year
1995
Annual Revenue
$803.39 M (USD)
Net Profit
$382.47 M (USD)
EBITDA
Not available
Employees
260
As of 2024
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Peer comparison for Sagen

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Competitors of Sagen

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Detailed competitors of Sagen

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Latest news on Sagen

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Complete news archive for Sagen

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Frequently Asked Questions about Sagen

Sagen was founded in 1995.

Sagen is headquartered in Oakville, Canada. It is registered at Oakville, Ontario, Canada.

Stuart Levings is the current CEO of Sagen.

As of Dec 31, 2024, the latest employee count at Sagen is 260.

Annual revenue of Sagen is $803.39M as on Dec 31, 2025.

Sagen was founded in 1995 and is headquartered in Oakville, Canada. Operations focus on the mortgage insurance sector, where default protection is offered to financial institutions and homebuyers. Services include high-ratio mortgage insurance and portfolio insurance for lenders. The company is led by CEO and President Stuart Levings, with activities centered in the Canadian housing finance market.

Sagen offers Homebuyer 95 Program and New to Canada Program.

Yes, Sagen is publicly traded on TSX under the ticker symbol MIC.PR.A.

Sagen has 1 investor. Key investors include Brookfield Asset Management.

The ticker symbol of Sagen is MIC.PR.A on TSX.

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