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DGIG
Ajusto program users report improved driving behaviour, Desjardins General Insurance Group says
October 12, 2017 by Canadian UnderwriterThree-quarters of polled users of Desjardins General Insurance Group’s (DGIG) Ajusto program for usage-based auto insurance have reported improved driving behaviours. Close to 75% of respondents to an online survey conducted in September said that they had improved their driving…
Home telematics startup Roost closes second round of funding with investments from Desjardins Insurance and Aviva Ventures
August 23, 2017 by Canadian UnderwriterRoost, a U.S.-based innovator in smart home telematics for the insurance industry, announced on Wednesday it has closed its second round of funding with US$10.4 million in investments from three companies, including Desjardins Insurance. The US$10.4 million Series B funding includes strategic investments from three companies, led by Aviva Ventures, with participation from Desjardins Insurance and Fosun RZ Capital in China, noted information from Sunnyvale, Calif.-headquartered Roost. Existing investors also participated in the round, bringing total funding to date to US$17 million.…
Q1 combined ratio ex-MYA 101.6% for Desjardins General Insurance
May 16, 2017 by Canadian UnderwriterDesjardins General Insurance Group reported Thursday an underwriting loss, excluding market yield adjustment, of $17.2 million during the three months ending March 31, while premiums dropped 11% from the same period of last year. Direct premiums written dropped from $1.04…
New DGIG water protection program available country-wide
March 21, 2017 by Canadian UnderwriterDesjardins General Insurance Group has announced the cross-country availability of a new home insurance program designed to keep policyholders informed of potential leak sources so that action can be taken and water-related damage prevented. Water damage accounts for more than…
Desjardins Insurance offers new flood coverage for low-, medium-risk areas
March 14, 2017 by Canadian UnderwriterCustomers of Desjardins Insurance, The Personal and State Farm Canada who live in low-risk flood areas will now automatically be covered by a new flood endorsement while those in medium-risk areas can choose to purchase an additional premium. Endorsement 16d…
Desjardins General Insurance Group reports combined ratio of 62.1% for the fourth quarter of 2016, down 25.9 points from Q4 2015
February 28, 2017 by Canadian UnderwriterDesjardins General Insurance Group (DGIG), a Desjardins Group subsidiary specializing in property and casualty insurance, has announced a combined ratio excluding market yield adjustment (MYA) of 62.1% for the fourth quarter of 2016, down 25.9 percentage points from 88% in…
Desjardins General Insurance Group reports net income of $12.1 million for Q3 2016 compared to net loss of $32 million in Q3 2015
November 14, 2016 by Canadian UnderwriterLévis, Que.-based Desjardins General Insurance Group (DGIG) – a Desjardins Group subsidiary specializing in property and casualty insurance – has reported a net income of $12.1 million in the third quarter of 2016 ending Sept. 30, compared to a net…