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What does "Assurance Desjardins" mean?

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Quick Answer

"Assurance Desjardins" is French for Desjardins Insurance, a subsidiary of the largest integrated cooperative financial group in Canada. Desjardins Group comprises banks, credit unions and business centers. The group has 20 subsidiaries in life and general insurance, securities brokerage, venture capital and asset management.

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Full Answer

Desjardins Insurance offers insurance on cars, motorcycles and RVs as well as life, home and pet insurance. Desjardins was formed as a credit union in 1900, and it has sold insurance since 1944 to residents of Quebec, Ontario and Alberta. The company serves 1.6 million people in those provinces, and it is the sixth-largest financial institution in Canada.

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