Sagen
Financial ServicesOntario, Canada201-500 Employees
Sagen, based in Oakville, Ontario, is a mid-sized Canadian financial services company and the largest private provider of residential mortgage insurance in the country. It offers mortgage default insurance to residential mortgage lenders, supporting homeownership for first-time buyers. The firm originated as Genworth Canada and differentiates itself through a strong emphasis on risk management and customer service. For more than two decades, Sagen has contributed to housing market stability by prioritizing the safety and soundness of the mortgage finance system. In 2023, the company partnered with Schofieldmortgages to offer a Purchase Plus Improvements Mortgage, expanding its borrower options. The company’s activities place it squarely in Canada’s financial services sector, serving lenders and borrowers across the residential mortgage market.
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