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Insights

Strategic Partnerships Economical Insurance has established key partnerships with industry players like Deloitte Development LLC, Turo Inc, and Swiss Re, indicating opportunities for collaborative sales initiatives leveraging these relationships.

Innovative Product Launches The company has a track record of launching innovative products like Sonnet, Petline, and Vyne, showcasing a commitment to new offerings that can be promoted as unique selling points to attract customers.

Industry Firsts As the first national P&C insurer in Canada to pursue demutualization, Economical's milestone achievement can be positioned as a competitive advantage in sales pitches highlighting the company's progressive approach and market leadership.

Digital Transformation With brands like Sonnet offering a digital insurance experience and platforms like Vyne simplifying processes, there is a sales opportunity to leverage the company's technological advancements to cater to digitally savvy customers.

Public Offering Momentum Following its recent public listing, Economical Insurance has gained visibility and credibility in the market. Sales teams can capitalize on this momentum to foster trust and secure new business opportunities.

Similar companies to Economical Insurance

Economical Insurance Tech Stack

Economical Insurance uses 8 technology products and services including Linkedin Insight Tag, Power BI, Docker, and more. Explore Economical Insurance's tech stack below.

  • Linkedin Insight Tag
    Analytics
  • Power BI
    Business Intelligence
  • Docker
    Containerization
  • Cloudera
    Database
  • Modernizr
    Javascript Libraries
  • Salesforce Service Cloud
    Live Chat
  • UIKit
    UI Frameworks
  • Bootstrap
    UI Frameworks

Media & News

Economical Insurance's Email Address Formats

Economical Insurance uses at least 1 format(s):
Economical Insurance Email FormatsExamplePercentage
First.Last@economical.comJohn.Doe@economical.com
96%
First.Middle@economical.comJohn.Michael@economical.com
2%
Last.First@economical.comDoe.John@economical.com
2%

Frequently Asked Questions

Where is Economical Insurance's headquarters located?

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Economical Insurance's main headquarters is located at 111 Westmount Road South P.O. Box 2000 Waterloo, Ontario N2J 4S4 CA. The company has employees across 6 continents, including North AmericaEuropeAsia.

What is Economical Insurance's phone number?

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You can contact Economical Insurance's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is Economical Insurance's official website and social media links?

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Economical Insurance's official website is economical.com and has social profiles on LinkedIn.

How much revenue does Economical Insurance generate?

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As of September 2024, Economical Insurance's annual revenue reached $5B.

What is Economical Insurance's SIC code NAICS code?

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Economical Insurance's SIC code is 0782 - Lawn and Garden Services NAICS code is 524 - Insurance Carriers and Related Activities.

How many employees does Economical Insurance have currently?

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As of September 2024, Economical Insurance has approximately 1.6K employees across 6 continents, including North AmericaEuropeAsia. Key team members include Chief Risk And Actuarial Officer: L. M.Chief Information Officer: A. K.Chief Investment Officer: S. S.. Explore Economical Insurance's employee directory with LeadIQ.

What industry does Economical Insurance belong to?

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Economical Insurance operates in the Insurance industry.

What technology does Economical Insurance use?

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Economical Insurance's tech stack includes Linkedin Insight TagPower BIDockerClouderaModernizrSalesforce Service CloudUIKitBootstrap.

What is Economical Insurance's email format?

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Economical Insurance's email format typically follows the pattern of . Find more Economical Insurance email formats with LeadIQ.
Economical Insurance

Economical Insurance

InsuranceOntario, Canada1001-5000 Employees

Economical Insurance is part of Definity.

We make one simple promise to our customers: We'll be there when you need us most. When the unexpected happens, you can count on Economical to take care of the details so you can get on with your life.

Customers are at the heart of everything we do, and our strong and diverse teams rally together to deliver reliable solutions for homes, vehicles, farms, and other complex commercial operations. With brands like Sonnet™ offering a radically simple, digital insurance experience and Petline™ making sure everyone in the household’s looked after, our family of companies helps a million-plus Canadians when they need us most.

A long history of innovation inspires us as we continue on our journey toward becoming a publicly-traded company — we’ve come a long way since we started in 1871! We are truly making history as we speak, being the first national Property and Casualty (P&C) insurer to pursue demutualization.

We are a proud Employer Partner of the Canadian Centre for Diversity and Inclusion (CCDI), focused on making our workplace inclusive and free of prejudice and discrimination.

Economical Insurance includes the following companies: Economical Mutual Insurance Company, Family Insurance Solutions Inc., Sonnet Insurance Company, Petline Insurance Company. ©2019 Economical Insurance. Economical and Economical Insurance are registered trademarks of Economical Mutual Insurance Company. All Economical intellectual property belongs to Economical Mutual Insurance Company. All other intellectual property is the property of their respective owners. 

Section iconCompany Overview

Headquarters
111 Westmount Road South P.O. Box 2000 Waterloo, Ontario N2J 4S4 CA
Phone number
SIC Code
0782 - Lawn and Garden Services
NAICS Code
524 - Insurance Carriers and Related Activities
Employees
1001-5000

Section iconFunding & Financials

  • $1B

    Economical Insurance's revenue is in the range of $1B

Section iconFunding & Financials

  • $1B

    Economical Insurance's revenue is in the range of $1B

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