Desjardins Insurance Broker
Desjardins is the largest association of credit unions in North America. The Desjardins Group was founded in 1900 in Lévis, Quebec by Alphonse Desjardins and now has locations across Canada, mostly operating in Quebec, Ontario, Alberta, and New Brunswick. The company operates as an amalgamation of 376 local Caisses populaires Desjardins, serving 5.8 million members.
In the insurance sector, Desjardins is primarily responsible for protecting businesses and their commercial property and vehicles (Desjardins business members are eligible to receive 15% annual cashback on their commercial vehicle insurance) and their credit, those who like to travel, as well as people who are risk-averse and want to save money long-term. The company publishes articles about daily life tips and financial advisory solutions on its website under Co-opme.
In addition to its insurance products, Desjardins has excellent financial advisory and monetary resources to help people understand personal finance, while providing financial assistance to entrepreneurs and students. As part of a credit union, Desjardins provides cards, loans, credit (and line-of-credit), and conventional chequing and savings accounts like a bank.
Desjardins awards rising entreprenurs the annual “Desjardins Entrepreneur Award”. A record 230 businesses applied for the award in 2016 alone and winners are announced in November. In addition to Desjardins' business and entrepreneurship awards, Desjardins is a notable provider of academic scholarships under the Desjardins Foundation, which supports students pursuing studies in finance, cooperation, and democracy in any Canadian accredited post-secondary institution.