About Northbridge

Northbridge is the largest commercial P&C insurance group in Canada, with premiums of approximately $1.7 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. Since our initial public offering on May 28, 2003 we have produced an average return on equity of over 20%, increasing book value per share at a compound growth rate of over 19%.

President & CEO

Mark Ram

Head Office

Toronto, Ontario

Number of Employees

1,600

Year Established

2003

2007 Gross Premiums Written (GPW)

$1,653 million

% Commercial Lines Business

88%

% Canadian Business

89%

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
  • $5.5 Billion in assets
  • $1.7 Billion Premiums Written
  • 20.5% Average 5 yr ROE
  • 89% Commercial Lines
  • Canadian owned and operated
  • 4.6% Favourable Claims Development