Beneva is Canada's largest insurance mutual company, formed in 2020 through the merger of La Capitale and SSQ Insurance. The company serves 3.8 million members across the country with a team exceeding 6,500 employees, bringing together over 80 years of combined experience in insurance and financial services.
As a mutual insurer, Beneva operates on a member-owned structure, reinvesting surplus revenues into service and product improvements rather than distributing profits to external shareholders. The company offers a comprehensive range of products spanning auto and home insurance, life and health coverage, group benefits for organizations, and savings and investment products.
The mutual structure underpins Beneva's approach to competitive pricing and member service. With coast-to-coast operations and a distributed workforce, the company emphasizes alignment between employee and member interests, positioning this alignment as central to how it operates and makes decisions across the organization.