[4] The head office of Desjardins Financial Security is in Lévis, Quebec, and has branches in several cities across Canada, including Vancouver, Calgary, Winnipeg, Toronto, Ottawa, Montreal, Quebec City, Halifax and St.
They were the first ones in Quebec to offer what they call in French caissassurance[9] (union credit assurance), a service where customers can meet a financial security advisor at any caisse populaire who can offer them insurance products[10] (possible since the Act Respecting the Distribution of Financial Products and Services).
[12] These services are offered through representatives, brokers, sales offices, caisses, online and through their mobile app.
[15] In 2009, following an organizational restructuring, their operations and corporative functions were incorporated by Desjardins Group, who wanted to reinforce the cohesion and the efficacy of its company and subsidiaries.
[18] Acquisitions over time:[19] 1948: Desjardins Life Assurance was founded 1952: First pension and group insurance plans were established for Desjardins Group employees 1953: Family Insurance was created 1954: Savings-Life Insurance and Loan Insurance were launched 1955: First group insurance plans outside the caisse network were established 1958: Accident Insurance for School Children (renamed Accirance in 1968) was launched 1962: La Sauvegarde was acquired 1978: Assurance populaire Desjardins was launched 1989: Laurier Life Insurance was acquired 1990: Desjardins Life Assurance and La Sauvegarde merged 1992: Individual, group and accident insurance portfolios acquired from Les Coopérants 1994: Life and health insurance portfolio of the Laurentian Group and its subsidiary Imperial Life was acquired 1994: Desjardins Life Assurance became Desjardins-Laurentian Life Assurance 1995: Æterna-Life Insurance Company was acquired 2000: Desjardins-Laurentian Life Assurance and the Laurentian Life and Health Insurance Corporation merged 2001: Desjardins-Laurentian Life Assurance and Imperial Life merged 2002: Desjardins Financial Security was created 2006: Performa Financial Group was acquired 2007: Desjardins Financial Security Investments Inc. (brokerage subsidiary) was created 2009: Desjardins Group announced a restructuring and integration 2014: Desjardins Group announced the acquisition of State Farm Canada [20] 2019: State Farm is now officially rebranded under the Desjardins brand [20]