Mission What we do We empower Canadian businesses to succeed by developing and distributing risk solutions they trust and value.
Why we do it We’re passionate about protecting Canadian businesses and the communities they serve.
How we do it We offer Canadian businesses more opportunities to protect themselves through Sovereign solutions.
Description At Sovereign Insurance, we believe your experience matters.
It matters because meeting your needs is at the heart of our ability to provide the right protection for Canadian businesses, which means better protection of the lives, families and communities that together, we impact.
Our risk solutions, services, and expertise help protect companies if they’ve experienced a setback, and more importantly, help companies avoid a setback in the first place. We take a comprehensive view to help ensure that Canadian businesses are well equipped to mitigate risk, leaving them confident to not only navigate through new and emerging risk exposures, but also to thrive in a constantly evolving environment. This long-term thinking allows us to build strong products and services that will be valuable to our clients today and in the future. Our risk solutions and insurance products are competitive, but there’s so much more that sets us apart.
Financial Strength As a wholly-owned subsidiary of Co-operators General Insurance Company, our clients get the best of both worlds: all the benefits of working with a boutique-sized, agile company and the financial strength of one of Canada’s largest P&C insurers.
As of 2019, Co-operators General Insurance Company has:
$7.5 billion in assets $3.8 billion in total GWP Net income of $174.0 million 14.0% Revenue (GWP) growth Paid out $2.3 billion in claims
Sovereign is proud to carry an AM Best A- (Excellent) rating.
Sovereign Insurance has an employee rating of 3.7 out of 5 stars, based on 35 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Sovereign Insurance employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.6 stars).
Overall, 58% of employees would recommend working at Sovereign Insurance to a friend. This is based on 37 anonymously submitted reviews on Glassdoor.
57% of job seekers rate their interview experience at Sovereign Insurance as positive. Candidates give an average difficulty score of 3 out of 5 (where 5 is the highest level of difficulty) for their job interview at Sovereign Insurance.