Allianz Insurance Co. of Canada and The Nordic Insurance Co. of Canada, both insurance subsidiaries of ING Canada Inc., announced today the completion of their amalgamation under the name of The Nordic Insurance Co. of Canada.
The companies announced their intention to amalgamate on Feb. 20, 2006. ING Canada acquired Allianz Insurance Company of Canada in 2004.
The amalgamation of the two companies is part of ING Canada’s integration of Allianz Canada and it is not expected to impact customers or brokers. Since the acquisition, customers of Allianz Insurance Co. of Canada have been offered insurance and have had their claims serviced by ING Canada’s insurance companies, and this will continue to be the case.
ING Canada is the largest provider of P&C insurance in the country, offering automobile, property and liability insurance to individuals and businesses through its insurance subsidiaries.