SCM Canada

Edmonton, Canada Founded: 1986 • Age: 40 yrs Acquired By Davies Group
Tech-enabled support is provided to insurance brokers and handlers.
Annual revenue - Latest available
Total funding - 3 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About SCM Canada

SCM Canada is a company based in Edmonton (Canada) founded in 1986 was acquired by Davies Group in November 2025. SCM Canada has completed 1 acquisition, including Affirmative Risk Management. SCM Canada offers products and services including Claims Management, Risk Mitigation, and Property Appraisals. SCM Canada operates in a competitive market with competitors including Artificial Labs, Leonteq, CoverSure, Web Connectivity and Sagitec, among others.

  • Headquarter Edmonton, Canada
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
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Products & Services of SCM Canada

SCM Canada offers a comprehensive portfolio of products and services, including Claims Management, Risk Mitigation, and Property Appraisals.

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Category locked
Primary

Handles insurance claims for corporate clients.

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Provides solutions to minimize risks for people and assets.

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Offers appraisals to quantify property risk exposure.

People of SCM Canada

Headcount 1000-5000
Employee Profiles 9
Board Members and Advisors 8
Employee Profiles
People
Len Copp
President, Claims Services Divisions, Xpera, Pario & ParioQuantify
People
Matthew D'Alessandro
Business Intelligence Manager
People
Ken Hansen
Chief Financial Officer
People
Bob Fitzgerald
CEO

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Board Members and Advisors
people
David Weil
Chairman
people
Eric Berke
Director
people
Jonathan Tarshis Neil
Director
people
Dominic Casserley
Director

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Funding Insights of SCM Canada

Investors in SCM Canada

SCM Canada has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Warburg Pincus, Davies Group and TorQuest Partners.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Multi-stage private equity investments are pursued across diverse sectors.
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Middle-market private equity investments are managed by TorQuest Partners.
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Provider of professional services and technology solutions for insurance and financial services
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Investor details for SCM Canada

Investor domains, locations, round participation, and complete history require an active premium plan.

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  • Investor locations
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Investments & Acquisitions by SCM Canada

SCM Canada has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Affirmative Risk Management.

Investments
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Investment portfolio details for SCM Canada

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  • Portfolio identities
  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Sporting goods and outdoor equipment are retailed for recreational activities.
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Complete acquisition details for SCM Canada

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Financial Statements - SCM Canada

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Detailed financials for SCM Canada

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Scm Canada Comparisons

SCM Canada Primary company
Description
Tech-enabled support is provided to insurance brokers and ha...
Location
Edmonton, Canada
Founded Year
1986
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for SCM Canada

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

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Competitors of SCM Canada

SCM Canada 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 Artificial Labs, Leonteq, CoverSure, Web Connectivity and Sagitec, among others.

Company Name Domain Founded year HQ Location Description
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Software solutions provider for Insurers
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Products and Services provider for Structured Products
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Provider of insurance products, risk assessment, policy management, and advisory services
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Software solution provider for insurance business processes
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Pension administration and unemployment insurance software solutions are provided.
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Life insurance policy management and trust administration solutions are provided.
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Detailed competitors of SCM Canada

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Latest news on Scm Canada

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Complete news archive for SCM Canada

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Frequently Asked Questions about SCM Canada

SCM Canada was founded in 1986 and raised its 1st funding round 24 years after it was founded.

SCM Canada is headquartered in Edmonton, Canada. It is registered at Edmonton, Alberta, Canada.

SCM was founded in 1986 and is headquartered in Edmonton, Canada. Operations focus on the insurance sector, where software solutions and data analytics are utilized to enhance efficiency for brokers, underwriters, and claims handlers. Expert professionals are deployed to assist front-end processes. The company, previously known as The Shumka Group, has supported industry participants for over 30 years through backend technological infrastructure.

SCM Canada's top competitors include Artificial Labs, Leonteq and CoverSure.

SCM Canada offers Claims Management, Risk Mitigation, and Property Appraisals.

SCM Canada has made 1 acquisition, including Affirmative Risk Management.

SCM Canada has 4 investors. Key investors include Warburg Pincus, Davies Group, TorQuest Partners, and ClaimsPro.

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