About Northbridge
Northbridge is the largest commercial P&C insurance group in Canada, with premiums of approximately $1.4 billion. Northbridge seeks to bring long term value to our shareholders, insureds and brokers by focusing on diversified Canadian business, operational excellence, innovative differentiation, and a proactive mindset of continuous improvement. We are Canadian owned and operated.
Our group provides property, automobile, general liability and a wide range of other commercial insurance products through four wholly-owned subsidiaries.
President & CEO | |
Head Office | Toronto, Ontario |
Number of Employees | 1,600 |
Year Established | 2003 |
2008 Gross Premiums Written (GPW) | $1,420 million |
% Commercial Lines Business | 85% |
% Canadian Business | 91% |
Major Customer Segments | Small to mid-sized commercial enterprises, large commercial business, specialized/niche commercial business, personal lines. |
Distribution Channels | Independent brokers (regional, national, multinational), dedicated sales force, direct sales (personal lines). |
Subsidiaries
| Lombard Canada Ltd. (acquired 1994)
Markel Insurance Company of Canada (acquired 1985)
Commonwealth Insurance Company (acquired 1990)
Federated Insurance Company of Canada (acquired 1990) |
- Largest Commercial P&C Writer in Canada
- $5.3 Billion in assets
- $1.4 Billion Premiums Written
- 15.7% Average 24 yr ROE
- 85% Commercial Lines
- Canadian owned and operated
- 3.5% Favourable Claims Development
