The Sovereign General Insurance Company is a Canadian owned and operated property and casualty insurer, with full-service offices from coast to coast*.


Established in May of 1953 as Merit Insurance Company, a subsidiary of Industrial Acceptance Corporation (IAC) and based in Montreal, the company originally focused primarily on personal lines of insurance. By the end of the 1960’s, Merit Insurance had grown to employ almost one hundred staff with branch offices in several cities across Canada. The company moved its operations to Toronto in 1969, where another IAC subsidiary was housed, The Sovereign Life Insurance Company. By 1974, the two companies merged, with Merit Insurance becoming The Sovereign General Insurance Company.

By the late 1970’s a dynamic entrepreneur from Calgary purchased The Sovereign General from IAC and in 1979 its operations were moved to Calgary.

In 1984 The Sovereign changed its strategic direction, and began to emphasize commercial lines of insurance, distributing its products solely through independent brokers across Canada. The 1980s would bring more changes to The Sovereign, when in April 1987 it was acquired by The Co-operators, becoming a member of the co-operatively-owned group of insurance and financial services companies.

Today, The Sovereign has over 270 staff operating in six offices across Canada. The Sovereign provides solutions for the specialized and complex insurance needs of Canadian businesses.

The Sovereign is proud of the continuous hard work of its talented employees, and is excited to once again be recognized as a Gold Level Best Small & Medium Employers for 2016.

The Sovereign continues to support its national “charity of choice,” The Children’s Wish Foundation of Canada. Since the inception of this partnership in 2005, The Sovereign has donated over $2 million to the foundation. Both its staff and broker partners have enhanced this donation through their fundraising efforts.

We currently enjoy a financial rating of A.M. Best (A- Excellent).




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*Sovereign is federally licensed, and carries provincial licenses in all ten provinces, plus territorial licenses in the Northwest Territories, Yukon and Nunavut.