Segic
Segic is a privately held Canadian insurance company, founded in 2014 and based in Saint-hubert, Quebec, offering a platform in group insurance and social benefits for employer groups and benefits administrators.
- Company typePrivate
- Founded2014
- HeadquartersSaint-hubert, Canada
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Segic does
Segic is a privately held Canadian insurance company founded in 2014, headquartered in Saint-hubert, Quebec. The company operates in the group insurance and social benefits segment, providing a platform that serves employer groups and benefits administrators in the Canadian market. Its short description positions it as offering a platform in the field of group insurance and social benefits, though specific product features, underlying technology architecture, and service scope are not documented in the available source data.
The company employs between 11 and 50 people, placing it in the small-business tier of Canadian insurance providers. It is registered as a for-profit entity and remains privately held with no public ticker or disclosed parent company. Detailed business information — including revenue model, pricing structure, customer segments, distribution channels, management team, funding history, and product portfolio — was not extractable from the available sources, as the company's online material returned only loading and verification pages with no substantive content.
Given the data limitations, the company's revenue mechanics, go-to-market strategy, and competitive positioning cannot be precisely characterized. It is most likely operating as a brokerage, managing general agent, or technology-enabled benefits platform serving Quebec-based and potentially broader Canadian employer groups, but confirmation of its specific business model requires primary source verification beyond what the current data provides.
Segic firmographics
Firmographics- Name
- Segic
- Website
- https://segic.ca
- Company type
- Private
- Founded year
- 2014
- Headcount range
- 11–50 employees
- Short description
- Segic is a privately held Canadian insurance company, founded in 2014 and based in Saint-hubert, Quebec, offering a platform in group insurance and social benefits for employer groups and benefits administrators.
- Ownership category
- akta.pro rank
Where Segic is headquartered
LocationHeadquarters
- HQ city
- Saint-hubert
- HQ country
- Canada
- HQ region
- North America
Markets served
Segic business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations
Segic product offering
Product offeringCore offering
Segic provides a platform in the group insurance and social benefits space, enabling organizations to administer group insurance products and social benefit programs. The company operates as an insurance technology provider serving the Canadian market with a digital platform for benefits management.
Differentiator
Problem solved
Functional benefit
Products and services
- Group Insurance and Social Benefits Platform A platform that enables organizations to manage group insurance and social benefits programs, designed for Canadian employers and organizations seeking to administer employee or member benefits.
Companies that use Segic
Customer profileIdeal customer profiles1 record
Segic technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Segic partnerships and signals
Strategic signalRecent moves2 records
Expansion highlights2 records
Segic competitors and assessment
Company assessmentBroad incumbents
- Manulife Financial: One of Canada's largest group benefits carriers and insurers, offering group insurance and retirement products through employer plans. Highly comparable to Segic's group insurance and social benefits focus, but at vastly greater scale and product breadth.
- Sun Life Financial: Major Canadian life insurer with a sizable group benefits and group retirement business serving employers of all sizes. Directly comparable end-market and product set to Segic, though delivered through a much larger enterprise platform.
- Desjardins Insurance: Quebec-based cooperative insurer with strong group insurance and annuity offerings to individuals and employers in Canada. Particularly relevant given Segic's Quebec headquarters and overlapping group/social benefits focus.
- Canada Life: National Canadian insurer offering group life, health, and disability benefits to employers. Comparable in product category and customer base to Segic, with a much broader geographic and product footprint.
- Cowan Insurance Group: Canadian insurance brokerage and consulting firm offering group benefits, retirement, and commercial insurance to employers. Comparable go-to-market through advisors and brokers selling group benefits in Canada.
- Beneva: Quebec-based mutual insurer formed from the merger of SSQ Insurance and La Capitale, with a sizable group insurance and group retirement business. Particularly relevant given Segic's Quebec base and overlap in social benefits products.
Direct peers
- GreenShield Canada: Canadian not-for-profit benefits carrier offering health, dental, and group benefits administration for employers and individuals. Closely comparable to Segic on benefits administration model and Canadian SMB/mid-market target segment.
- People Corporation: Canadian provider of group benefits, group retirement, and HR-related services to employers, with a platform-oriented distribution model. Comparable offering and customer profile to Segic's group insurance and social benefits platform.
- ClaimSecure: Canadian third-party benefits administrator and claims management platform serving insurers, plan sponsors, and advisors. Directly comparable as a benefits administration technology platform in the Canadian market.
Emerging players
- GroupSource: Canadian group benefits purchasing and administration provider focused on pooling arrangements for employers. Comparable as a specialized group benefits platform competing for the same SMB and mid-market Canadian employer segment.
Market position
Strengths3 records
Weaknesses4 records
Competitive moat2 records
Key risks5 records
Key highlights4 records
Customer concentration
Segic social profiles
Digital presenceSegic financial estimates
Financial estimateRevenue estimate
Valuation estimate
Segic leadership team
Management profileNumber of profiles
Segic funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Segic M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Segic
What does Segic do?
Segic provides a platform in the group insurance and social benefits space, enabling organizations to administer group insurance products and social benefit programs. The company operates as an insurance technology provider serving the Canadian market with a digital platform for benefits management.
When was Segic founded?
Segic was founded in 2014. It employs 11 to 50 people.
Where is Segic based?
Segic is headquartered in Saint-hubert, Canada, in the North America region.
Who are Segic's main competitors?
Broad incumbents on record are Manulife Financial, Sun Life Financial, Desjardins Insurance, Canada Life, Cowan Insurance Group and Beneva. Direct peers are GreenShield Canada, People Corporation and ClaimSecure. GroupSource is listed as an emerging player.
Does Segic have an API?
No public API is recorded for Segic.