Company Profile
Wawanesa Insurance
Company Overview
The Wawanesa Mutual Insurance Company (“Wawanesa Mutual”), founded in 1896, is one of Canada’s largest mutual insurers, with over $3.5 billion in annual revenue and assets of $10 billion (CAD). Wawanesa Mutual, with its National Headquarters in Winnipeg, is the parent company of Wawanesa Life, which provides life insurance products and services throughout Canada, and Western Financial Group, which distributes personal and business insurance across Canada. Wawanesa proudly serves more than 1.7 million members in Canada, and we are home to more than 3,600 employees distributed across the Canadian regions and communities where we operate. We give back to organizations that strengthen communities, donating more than $3.5 million annually to charitable organizations, including over $2 million annually in support of people on the front lines of climate change.
Note: On April 1, 2024, The Wawanesa Mutual Insurance Company (Wawanesa Mutual) sold Wawanesa General Insurance Company (Wawanesa General), its U.S. subsidiary, to the Auto Club of Southern California (AAA).
Company History
Wawanesa has a long history dating back to 1896, originating in the town of Wawanesa, Manitoba. We have grown from our humble roots into a diversified multi-national insurance company with over 3,000 employees across 9 regions.
We take pride in building on our history while being leaders in the modern insurance industry and provide ever increasing numbers of policyholders with excellent products and services.
Our mutual ownership structure both allows us and requires us to take a steady and prudent approach to balancing growth and financial strength.