An Ever-Evolving Company
- From a Mutual Company to a Stock Company
- From a Quebec Company to a Canada-Wide Company
- From an Insurance Company to a Financial Institution
From a Mutual Company to a Stock Company
Between its official entry on the stock market on February 3, 2000 and January 20, 2010, the company’s share price increased by 318%. The company thus passed the ultimate challenge for all public corporations: increasing shareholder value.
From a Quebec Company to a Canada-Wide Company
At the beginning of the 80s, Industrial Alliance conducted business almost entirely in Quebec. Over the years, the company’s presence outside the province steadily increased. Since demutualization, the company has experienced 10 years of intensive development, thanks in part to acquisitions made outside of Quebec.
From an Insurance Company to a Financial Institution
Since demutualization, Industrial Alliance broke into and then developed the wealth management market, while continuing to grow its main sector: life and health insurance.