About SCM Canada
SCM Canada is a Financial Services company based in Edmonton (Canada) founded in 1986, and was acquired by Davies Group in November 2025. Tech-enabled support is provided to insurance brokers and handlers. SCM Canada has completed 1 acquisition, including Affirmative Risk Management. SCM Canada offers products and services including Claims Management, Risk Mitigation, and Property Appraisals. Its focus areas include FinTech, Insurance IT, Insurance Policy Solutions and Policy Administration.
Company details
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.
- Headquarters Edmonton, Canada
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Website www1.scm.ca
- Social LinkedIn
- Acquired by ClaimsPro (May 2017)
- InvestorsWarburg Pincus
& 3 more
- Investments & Acquisitions
- Acquired by
Products & Services of SCM Canada
SCM Canada offers a comprehensive portfolio of products and services, including Claims Management, Risk Mitigation, and Property Appraisals.
Handles insurance claims for corporate clients.
Provides solutions to minimize risks for people and assets.
Offers appraisals to quantify property risk exposure.
Funding Insights of SCM Canada
- Total Rounds 3
- Investors Count 2
All 3 funding rounds of SCM Canada with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2017 | Private Equity Round | – | – | ||
| Sep 2014 | $240.2M | Debt – Conventional | – | – | – |
| Aug 2010 | Private Equity Round | – | – |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multi-stage private equity investments are pursued across diverse sectors. | 1966 | warburgpincus.com | New York, United States | |
Middle-market private equity investments are managed by TorQuest Partners. | torquest.com | Toronto, Canada | ||
Provider of professional services and technology solutions for insurance and financial services | 1946 | davies-group.com | London, United Kingdom | |
| claimspro.us |
Investor details for SCM Canada
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of SCM Canada
17 people are tracked at SCM Canada (8 in leadership, 8 in board & advisors, 1 in team).
| Name | Role | Group |
|---|---|---|
Len Copp | President, Claims Services Divisions, Xpera, Pario & ParioQuantify | Leadership |
Gorett Vieira | Director, Training And Development | Leadership |
Ken Hansen | Chief Financial Officer | Leadership |
Bob Fitzgerald | CEO | Leadership |
Donna Bryden | Chief Human Resources Officer | Leadership |
Mike Ackroyd | Chief Information Officer | Leadership |
Patrick Scott | Managing Director, IPG | Leadership |
Lorri Frederick | President, ClaimsPro | Leadership |
David Weil | Chairman | Board & advisors |
Eric Berke | Director | Board & advisors |
Jonathan Tarshis Neil | Director | Board & advisors |
Dominic Casserley | Director | Board & advisors |
Ron Lalonde | Director | Board & advisors |
Chandler Joel Reedy | Director | Board & advisors |
Larry A. Shumka | Director | Board & advisors |
Jeffrey Stein | Director | Board & advisors |
Matthew D'Alessandro | Business Intelligence Manager | Team |
Complete people profiles for SCM Canada
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by SCM Canada
SCM Canada has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Affirmative Risk Management.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Sporting goods and outdoor equipment are retailed for recreational activities. | armusa.net | Little Rock, United States | 1987 | Jul 2018 | •••• |
Complete acquisition details for SCM Canada
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of SCM Canada
6 dated milestones of SCM Canada across 39 years, from founding to its latest funding, stage changes and deals.
- Founded SCM Canada is founded.
- Funding First funding round.
- Exit Acquired by ClaimsPro.
- Funding Latest funding round, Private Equity Round,.
- Acquisition Acquires Affirmative Risk Management.
- Exit Acquired by Davies Group.
Web traffic of SCM Canada
The website of SCM Canada (scm.ca) receives about 4.1K visits a month.
- Monthly visits4.1K
▲ 8.2% vs previous month
Websites whose visitors overlap most with SCM Canada. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| claimspro.ca | 100% | #2,779,773 | View details | ||
| aon.com | 83% | 1.7M | #30,002 | View details | |
| bflcanada.ca | 63% | 43.9K | #733,369 | View details | |
| connerstrong.com | 46% | 7.3K | #3,423,184 | View details | |
| imacorp.com | 45% | 31.7K | #893,779 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 12 similar websites and full traffic analytics for SCM Canada
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 12 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Scm Canada
Complete news archive for SCM Canada
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
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 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.
Yes. SCM Canada was acquired by ClaimsPro in May 2017.