Definity Investment and Insurance Strategy Overview
POSITIONED TO SUCCESSFULLY NAVIGATE INDUSTRY LANDSCAPE
KEY GLOBAL P&C DRIVERS
Primacy of Customer
Experience
•
Increasing
Digitization
•
•
Value Creation via
Data and Analytics
•
Increasing Importance
of Sustainability
•
KEY CANADA P&C DRIVERS
definity.
6th Largest P&C Insurer in Canada (1)
3rd Largest Carrier in Broker Channel
in Canada(1)
Largest Fully Digital Direct-to-
Consumer P&C Insurance Business in
Canada(2)
Advanced Data Analytics Capabilities
Well-diversified Business Mix, with
Platforms and Capabilities in a Broad
Range of Lines
Scale and
Diversification
Broker Channel Remains
Highly Relevant
Federal / Provincial
Regulatory Complexity
Management of Climate
and Catastrophe Risks
1. As of December 31, 2022, based on direct written premiums ("DWP") from MSA Research. Market share of Canadian P&C insurance industry DWP of $73.2 billion for the twelve months ended December 31, 2022, excluding accident
and sickness insurance and policies for insurance written outside of Canada, Canada Guaranty Mortgage Insurance Company, Genworth Financial Mortgage Insurance Company, Green Shield Canada, Insurance Corporation of British
Columbia, Lloyd's Underwriters Canada, Saskatchewan Auto Fund, and Saskatchewan Government Insurance.
2. Based on market share by DWP for the twelve months ended December 31, 2022. Includes only insurance carriers that require all customers to bind online.
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