Definity is the new name for the Economical Mutual Fire Insurance Company of Canada, which issued its first policy in November 1871. It is the sixth largest P&C insurance company in Canada, with 3,100 employees in 12 regional offices. Distribution is through a network of over 600 independent brokerage firms, in which channel it is the fourth largest insurance carrier. It demutualized in November 2021 and has a market capitalization of $4.5 billion.
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DFY was first recommended here on November 8, 2022