iA Financial Group strengthens its position in vehicle warranties by acquiring three Canadian companies

Quebec City, January 10, 2020 - iA Financial Corporation Inc. (the “Company”), the holding company of iA Financial Group, today announced the acquisition of three companies specializing in vehicle warranties in Canada: WGI Service Plan Division Inc. and WGI Manufacturing Inc., two subsidiaries of C. Walker Group Inc. located in Vancouver and Scarborough, as well as Lubrico Warranty Inc. based in London. These acquisitions are effective immediately.

iA Financial Group to establish leading position in the U.S. vehicle warranty market with the acquisition of IAS

Quebec City, December 4, 2019 – iA Financial Corporation Inc. (the “Company”), the holding company of iA Financial Group, announced today that it has entered an agreement to acquire the American company IAS Parent Holdings, Inc. and its subsidiaries (collectively “IAS”). The agreed purchase price is US$720 million.

iA Financial Group Concludes the Acquisition of US-based Car Dealer Business

Quebec City, January 24, 2018 - iA Financial Group announces that it has concluded the acquisition of the shares of privately-owned Dealers Assurance Company and Southwest Reinsure Inc. (collectively “DAC”). The agreement to acquire DAC was announced September 21, 2017.

DAC manufactures and distributes vehicle service contracts, or extended warranties, through a cross-country network of new and used car dealers in the U.S. This acquisition expands the Company’s US presence and more than doubles the scale of its vehicle warranty business.

iA Financial Group Announces Chief Executive Succession

Quebec City, June 12, 2018 - 33-year veteran Denis Ricard becomes next President and CEO.

Mr. Yvon Charest, President and Chief Executive Officer of iA Financial Group, today announced his retirement after almost 40 years of service with the organization and 18 years in his present role.

Concurrently, the Board of Directors confirms the appointment of Mr. Denis Ricard as the incoming President and Chief Executive Officer, effective September 1, 2018. Mr. Charest shall assure the transition of the CEO role until his departure on January 1, 2019.

iA-SAL is proud to support the Automotive Business School of Canada at Georgian College in Ontario

The Automotive Business School of Canada provides students with valuable insight into all aspects of a dealership. iA-SAL, finance and insurance partner to over 3500 dealerships in Canada, assists the students understanding of a dealership’s business office with their APEX training workshop.