RBC Insurance Company of Canada

RBC Insurance
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RBC Insurance is one of the largest bank-owned insurance companies in all of Canada with over five million customers throughout the country.

RBC Insurance is known for its ability to simplify insurance and help customers to understand exactly what they are getting.

Customers turn to RBC Insurance for:

  • One of the most comprehensive lines of auto insurance in the industry
  • Specialized coverage to protect investments such as a mortgage or credit cards
  • Lines of health and life insurance based on years of experience
  • The kind of financial stability and underwriting experience that work very well together
RBC Insurance Company of Canada
Founded 1993
Headquarters Mississauga, Ontario
Employees ~2,500
Canadian Mkt. Share* 0.2% (2016)
Insurance Products Auto, Homeowners, Tenant, Condo, Revenue Property, Seasonal Property, Health, Life, Travel, & Mortgage Insurance
Provinces Licensed AB, BC, MB, NB, NL, NWT, NS, NU, ON, PEI, QC, SK, YT
*Of all private P&C in Canada by net premiums written, excluding life and purely A&S companies.

The Royal Bank of Canada (est. 1864) is the largest bank and financial institution in the country, and entered the insurance market in 1993 with its acquisition of Voyageur Travel Insurance Ltd., the largest provider of travel insurance in Canada at that time.

By the year 2000, RBC had acquired Westbury Canadian Life Insurance Company, the Mutual of Omaha Life Insurance’s Canadian operations, and Liberty Life Insurance Company. Today, RBC Insurance offers life, travel, property, and casualty insurance.

In 2016, Aviva General Insurance Company acquired RBC’s property and casualty insurance operations (RBC General Insurance Company). RBC Insurance continues to offer Home and Auto insurance, however are those products are now underwritten by Aviva. RBC retains ownership of its travel and life insurance operations. Despite this sale, RBC Insurance is still one of the largest insurance providers in the country.

Over the years, RBC Insurance has vastly expanded their lines to be able to insure homes, businesses, autos, retirement plans, and investment options. Because of its affiliation with Royal Bank of Canada, RBC Insurance has had the benefit of being able to grow without fear of financial problems that can often affect underwriting. Now that it stands as one of the largest bank-associated insurance companies in the country, RBC Insurance uses its experience to create a wide array of client solutions.

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RBC Insurance Quotes

For both family and business, RBC Insurance has you covered. Talk to one of our expert brokers about the coverage offered through RBC Insurance in Ontario: Speak with a broker today: 1-800-731-2228

RBC Insurance’s Strengths

It is hard to find a weak spot in what RBC Insurance has to offer, which is one reason why the company has millions of clients all over Canada. When people do business with RBC Insurance, they expect to take advantage of benefits such as:

  • Simplicity Is The Key – RBC Insurance has always made a point of talking to customers in terms they will understand. This helps clients to be able to have productive conversations with their insurance brokers, and to completely understand the coverage they are getting and what that coverage has to offer.
  • Wide Range Of Resources – RBC Insurance is a big believer in educating clients and sharing as much information as possible. Not only does the company excel at putting disclosure information in big print and in places where it is easy to find, but it also makes information readily available at all of its business locations, and on its website.
  • Practical Insurance Solutions – RBC Insurance has become an expert in offering comprehensive personal lines for home and auto, and commercial insurance that includes group life, health, and even dental insurance. Whether you need insurance for your business or personal life, RBC Insurance has years of experience in providing those types of comprehensive solutions.

RBC Insurance Products

RBC Insurance is well-known for offering complete lines of personal insurance products for almost any need, and commercial coverage for businesses of all sizes. RBC gives brokers plenty of tools to utilize when it comes to solving client problems.

Personal Insurance

RBC Insurance can cover every part of your life from the value of your home to the stability of your credit cards. RBC’s focus on customer satisfaction with personal lines comes from its direct contact with clients in every one of its business locations. RBC now uses its network of brokers to enhance that personal feeling and deliver superior lines of insurance coverage.

  • Home protection
  • Auto coverage
  • Comprehensive travel insurance
  • A range of life insurance products
  • Personal health insurance options
  • Multiple types of loan protection options
  • Mortgage liability coverage
  • Credit card protection
  • Retirement solutions that include a variety of insurance products

Business Insurance

Business insurance is just one category of commercial insurance options offered by RBC Insurance. These are insurance options aimed at protecting the operation and long-term success of your company.

  • Overhead cost insurance that helps pay the bills
  • Loss of key employee or executive coverage
  • Buy-sell insurance to help the company stay in business after an owner retires, quits, or passes away

Group Business Benefits

RBC Insurance has a wide range of group benefit programs that can help you to protect your employees and grow your business.

  • Group benefit options and solutions
  • Resources for plan administrators
  • Resources for plan members
  • The providerConnect network to help bring together service providers
  • Group annuity programs for long-term financial planning
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RBC Insurance Quotes

For both family and business, RBC Insurance has you covered. Talk to one of our expert brokers about the coverage offered through RBC Insurance in Ontario: Speak with a broker today: 1-800-731-2228

RBC Insurance
Head Office:
6880 Financial Drive, Mississauga, Ontario L5N 7Y5, Canada
Toll-free: 1-800-769-2568

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