19+ Largest Insurance Brokers in Canada

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One of the things COVID-19 taught us is the need always to be secure and prepared for emergencies. With that in mind, you know that one of the best things you can do for yourself is to get good insurance. This all applies even if you are in Canada.

The problem is, that you may not know how to tell the good from the bad. You can also have several companies in mind, but you could still be confused about choosing the right one.

In this article, we have created a list of the 19 largest insurance brokers in Canada. All you have to do is make an informed choice. Also, you may not know about this, but purchasing insurance from brokers is better than getting it directly from the company. Don’t worry, we will also tell you why in this article.


Who is an Insurance Broker?

An insurance broker is a licensed professional who helps customers find the right type of insurance coverage for their needs. The broker works with many insurance companies to find the best deal for the customer, rather than representing a single company.

They act as a middleman but provide a valuable service by helping customers find the best price, coverage, and protection for their needs. Insurance brokers are trained to understand insurance policies and help customers make informed decisions.

Why Go For Brokers?

Here are five reasons to choose an insurance broker for your insurance purchase:

  • Personalized Advice
  • Wide range of options
  • Expertise
  • Cost Saving
  • Claims assistance

#1. Personalized Advice

A broker will provide personalized advice tailored to your specific needs, rather than generic advice that may not be relevant to you.

#2. Wide Range of Options:

A broker can offer you policies from multiple insurance companies, giving you a wider range of options to choose from.

#3. Expertise:

Brokers have in-depth knowledge of the insurance industry and can help you navigate the complex world of insurance.

#4. Cost Savings:

Brokers can help you find the most affordable policies by comparing prices and coverage from different insurance companies.

#5. Claims Assistance:

If you need to make a claim, a broker can help you navigate the claims process and ensure that you get the compensation you deserve.

5 Things To Consider Before Choosing A Brokerage Firm

Here are five things to consider before choosing an insurance brokerage firm:

1. Reputation

Look for a brokerage firm with a strong reputation for providing quality service and satisfaction to their clients.

2. Licensing

Ensure that the firm and its agents are licensed and authorized to sell insurance in your state.

3. Range of Products

Look for a brokerage firm that offers a wide range of insurance products from multiple carriers, so you can compare and find the best fit for your needs.

4. Pricing

Ask for quotes from multiple brokerage firms to get an idea of the prices and coverage options available to you.

5. Extra Services

Some brokerage firms offer additional services, such as risk management consulting or claims assistance. Consider if these services are important to you and if the brokerage firm provides them.

19 Largest Insurance Brokers In Canada

The following are the largest insurance brokers in Canada:

iSure Insurance Broker

#1. iSure Insurance Broker

  • Founded: 1997
  • Headquarters: Vaughan, Ontario

This company is one of Canada’s fastest growing fully independent online Property/Casualty Insurance Retail Brokerages. They provide customized insurance service and advice to personal and commercial clients across Ontario.

They provide services for a wide range of companies including small sole proprietors and large corporations with sales in excess of $100 million. And their product offers include:

  • Reality
  • Property Management
  • Contractors
  • Technology & IT
  • Health Product & Care
  • Trucking
  • Food Services
  • Manufacturing
  • Wholesaling
  • Errors & Omissions
  • Directors & Officers Insurance
  • Corporate & Commercial Bonding.


#2. Surex Insurance

  • Founded: 2012
  • Headquarter: Magrath, Alberta

Surex is another large insurance broker in Canada with over 200 employees. The company offers auto, home, condo/tenant, and business insurance through over 10 partner insurers.

Surex saves at least $789 per year for each of their 1 million Canadian customers. They also have a 4.8 score on TrustPilot, so you can be sure that they deliver.


#3. A-kan Insurance

  • Founded: 2013
  • Headquarters: Edmonton, Alberta

This is a top commercial & personal insurance broking company based in Edmonton, Alberta. Their employees help our clients to choose the best insurance as per their needs. They even have a mobile app.

A-Kan Insurance is associated with over 50 leading Canadian insurance providers. They are also one of the members of the Canadian Broker Network (CBN). They provide:

  • Truck
  • Life
  • Cargo
  • Home
  • Auto
  • Contractor
  • Travel coverage.


#4. ViewPoint Insurance Services

  • Founded: 2017
  • Headquarters: Bedford, Nova Scotia

ViewPoint is an insurance brokerage company that is focused on real estate and mortgage. The company has over 70 employees across its eight offices in Nova Scotia


#5. Armour Insurance Brokers

  • Founded: 2010
  • Headquarters: Mississauga, Ontario

This company is known in the trucking industry as one of Ontario’s leading Brokerages. They specialize in Fleet and Non-Fleet Commercial Trucking Insurance.

Armour Insurance Brokers also offers:

  • Personal Auto & Home policies
  • Commercial Cargo
  • Bonds Liability Insurance
  • Commercial Business/Property Policies
  • Contractors Policies
  • Professional Errors & Omissions
  • Liability Insurance
  • Special Events Insurance
  • Life
  • Travel
  • Disability
  • Critical Illness
  • Visitors Insurance

#6. Programmed Insurance Brokers(PIB)

  • Founded:1980
  • Headquarters: Elmira, Ontario

PIB is among the oldest Insurance brokers in Canada. Yet, they have maintained excellence and have consistent growth through innovations that help them satisfy consumers better.

Their wide range of products include: Insurance, Financial Solutions, Home & Auto Insurance, Life Insurance, Group Benefits, Business Insurance, Group RRSPs, Pension Plans, Profit Sharing Plans, Commercial Insurance, TFSA, Home Hardware, Succession Planning, Creditor Insurance Comparison, Affinity Partnerships, Employee Group Plans, Wealth Management, Investment & Advisory, Associations & Memberships, and Extended Health Care Benefits.


#7. RH Insurance

  • Founded: 1977
  • Headquarters: Toronto

RH is a property & casualty (P&C) insurance brokerage focused on selling personal insurance solutions throughout Ontario and Alberta. They offer insurance coverage for your auto, home, rental unit, motorcycle, and even your various recreational toys.

RH has over 15 lines of P&C products, RIBO-licensed providers, and a good track record with customers. You might want to consider them.


#8. Munn Insurance

  • Founded: 1904
  • Headquarters: St John’s, Newfoundland &Labrador

Munn Insurance is one of the most progressive brokers in Canada. They are one of the largest independent insurance brokers, with about 80+ employees across Atlantic Canada, providing expert advice and services to over 30,000 customers. They provide home, auto, group, and business insurance coverage.


#9. Keyes Insurance

  • Founded: 1926
  • Headquarters: Gananoque, Ontario

This company is also among the oldest companies on our list. They provide one of the best services for home and car insurance.


#10. AXIS Insurance

  • Founded: 2010
  • Headquarters: Vancouver, BC

With a team of over 180 experts in key sectors, over $30.3 billion in assets, and $ 6.6 billion in capital, AXIS Insurance is no ordinary insurance brokerage firm. They provide innovative solutions for businesses, individuals, and high-net-worth clients.

The company offers quite a wide range of products including, Forestry, Mining, Medical Marijuana, Nonprofit, Drone, Office, Special Event, Construction, Contractors, Real Estate, Technology, Life Sciences, Lawyer, Architect, Engineer, Mortgage Broker, Realtor, Cannabis, Insurance, Broker, Home Insurance, Auto Insurance, and Aviation.


#11. Leibel

  • Founded: 1981
  • Headquarters: Edmonton, Alberta

The company is a locally owned and family-operated, independent insurance brokerage offering all forms of personal, business, and life insurance, and they provide you with 24-hour service and access to direct brokers.

Leibel offers Auto Insurance, Homeowners Insurance, and Personal Umbrella Insurance. They also offer Commercial Insurance options that include Contractors’ Insurance, Rental Property Insurance, and Group Health Insurance, while still offering Health and Life Insurance and so much more.


#12. Mitch Insurance

  • Founded: 1948
  • Headquarters: Whitby, Ontario

Mitch is a leading insurance brokerage on a mission to make insurance lovable through exceptional experiences. They market insurance for over 70 insurance companies.

Their products include; Car Insurance, Home Insurance, Commercial Insurance, Life Insurance, Business Insurance, Auto Insurance, House Insurance, Whitby, Ajax, Pickering, Toronto, Oshawa, Motorcycle Insurance, Small Business Insurance, Ontario Insurance, and Lovable Insurance.


#13. PetleyHare Insurance Brokers

  • Founded: 1922
  • Headquarters: Ontario

PetleyHare Insurance offers competitive rates and personalized plans that appeal to customers. Their product range covers:

  • Auto
  • Business
  • Home
  • Toy
  • Cottage
  • Boat insurance.


#14. NFP Insurance

  • Founded: Not Indicated
  • Headquarters: Toronto, Ontario

NFP is a leading insurance brokerage, consultant, and financial services firm providing specialized business and personal insurance, group benefits, retirement consulting, and individual solutions.

They have over 1,100 employees in Canada alone that cater to over 20,000 corporate clients in Canada. The company has a strong financial record. Their revenue for 2022 was $ 2.21 billion and they have over 26 billion in Qualified Retirement Assets.


#15. BMS Canada

  • Founded: 1980
  • Headquarters: Ottawa

BMS Canada is a branch of BMS Group, a leading independent specialist (re)insurance broker, providing comprehensive, customized solutions in the fields of wholesale, reinsurance, direct insurance, and capital advisory through their teams of experts. 

The company has served over 700,000 professional and business clients. They handle over 100 Associations and over 100 Risk Management Resources annually.


#16. Billyard Insurance Group(BIG)

  • Founded: 1990
  • Headquarters: Well Land, Ontario

Billyard Insurance Brokers is a full-service Commercial & Personal Lines Insurance Brokerage with several locations across Ontario.  They work with over 30 insurers to provide insurance for their 15 lines of products. They offer Home, Automobile, Business & Specialty Insurance.


#17. Westland Insurance Group

  • Founded: 1980
  • Headquarters: Surrey, BC

Westland Insurance Group is one of the largest and fastest-growing independent property and casualty insurance brokers in Canada. With a national network of 195 locations and over 2,100 employees.

Their products include:

  • Home
  • Business
  • Travel
  • Auto Insurance


#18. FCA Insurance Brokers

  • Founded: 1919
  • Headquarters: Toronto

This is an independent insurance brokerage firm that specializes in construction, manufacturing, non-profit real estate, insolvency, and high-net-worth clients. They have served over 17,000 clients and they have over 80 employees.

Their products cover:

  • Surety Bonds
  • Commercial (large or small)
  • Personal
  • Group Benefits
  • Industry
  • Specialty Programs


#19. ALIGNED Insurance Inc

  • Founded: 2013
  • Headquarters: Toronto

ALIGNED is a notable insurance broker in Canada. The company offered services to thousands of clients through its 70+ insurers. It offers coverage for:

  • Fire
  • Water
  • Cyber Liability
  • Small Business
  • Directors & Officers Liability
  • Ocean Marine
  • Crime & Employees Dishonesty
  • Equipment Breakdown and so much more.


Frequently Asked Questions

[sc_fs_multi_faq headline-0=”h3″ question-0=”How can I choose the right insurance broker for me?” answer-0=”You can choose the right insurance broker by considering factors such as their product range, expertise, customer service, and fees.” image-0=”” headline-1=”h3″ question-1=”Can I trust insurance brokers?” answer-1=”Yes, insurance brokers are regulated and licensed professionals who are required to follow ethical standards and regulations.” image-1=”” headline-2=”h3″ question-2=”What is the difference between insurance brokers and insurance agents?” answer-2=”Insurance brokers work with multiple insurance companies and are independent, while insurance agents typically represent a single insurance company.” image-2=”” headline-3=”h3″ question-3=”Can I switch insurance brokers?” answer-3=”Yes, you can switch insurance brokers at any time. You can cancel your existing policy and get a new one through a different broker.” image-3=”” headline-4=”h3″ question-4=”How can I make a complaint against an insurance broker?” answer-4=”You can make a complaint against an insurance broker by contacting your provincial insurance regulator or the Canadian Council of Insurance Brokers.” image-4=”” count=”5″ html=”true” css_class=””]

Important Recommendations


Getting started is always the most difficult part right? Well, we have done it for you. All you need to do now is get a plan that is comprehensive and fits your budget. You can thank us later. Let us know your thoughts in the comment section!


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