3-SPHERES ASSURANCE INC.

What 3-SPHERES ASSURANCE INC. does

3 Sphères Assurance Inc. is a wholesale managing general agent (MGA) and underwriting agency headquartered in Laval, Quebec, Canada. The firm operates exclusively through damage-insurance brokers (courtiers en assurance de dommage), providing underwriting capacity and risk-decision services for hard-to-place and capacity-challenged risks. Its portfolio spans 19 specialty product lines organized across property (real estate ownership, condominiums, hotels/motels, restaurants/bars, course of construction), liability (general, umbrella, professional, manufacturers', contractors', woodworkers', wrap-up, D&O for condo syndicates), marine (stock throughput programs up to $7.5M), and ancillary lines (equipment breakdown, legal expense, special events), with liability capacity up to $20M.

The firm's revenue model is commission-based MGA economics: it represents multiple A-rated insurance carriers selected for financial strength and earns commissions or fees on premium placed by brokers. Pricing is not publicly disclosed; quotes are broker-mediated via dedicated email channels (soumission@, underwriter@) and standardized downloadable application forms. Claims handling is outsourced to two core partners — SIAdvisers (property and general claims) and Opus Experts en sinistres (liability claims up to $20M). Underlying technology is a conventional underwriting platform with no disclosed AI, API, or proprietary features; the workflow remains document- and email-based.

The company has operated for over 30 years (English site claims 40+ years) and reports a headcount of 1-10 employees, indicating a small, specialized operation. Ownership is private with no external investors or parent entity disclosed; leadership consists of President and Privacy Officer Martine Motard. The company is bilingual EN/FR, compliant with Quebec's Law 25, and serves a horizontal mix of Quebec-based segments including property owners, hospitality, construction (including Far North and First Nations projects), marine cargo, and specialty liability classes.

Name

3-SPHERES ASSURANCE INC.

Legal name

3 Sphères Assurance

Website

https://3spheresassurance.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

3 Sphères Assurance is a Laval, Quebec-based wholesale MGA that provides underwriting capacity exclusively to damage-insurance brokers for hard-to-place commercial and specialty P&C risks across 19 product lines, representing multiple A-rated carriers.

Ownership category

akta.pro rank

Product category

Wholesale Insurance Underwriting (Managing General Agent)

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331), Insurance Carriers, Nec (6399)

akta.pro primary industry

Insurance, Claims & Marine Warranty Survey (MWS) / Risk Management (TLAIAKAL)

akta.pro secondary industries

Marine Specialty (Hull/P&I/Cargo) (FSAJAGAJ), Protection & Indemnity (P&I) / Marine Liability Insurance (FSAJAHAH)

Keywords

• Wholesale insurance underwriting
• Managing general agent
• Specialty commercial insurance
• Hard-to-place risks
• Property and casualty brokerage

Headquarters

HQ city

Laval

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Insurance Underwriting Services: 3 Spheres Assurance operates as a wholesale underwriting managing general agent (MGA). The company provides insurance capacity by representing multiple A-rated insurance carriers and earns commissions or fees for placing insurance coverage on behalf of insurance brokers. Revenue is generated through premium volume handled and negotiated arrangements with carrier partners.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

3 Spheres Assurance is a wholesale insurance underwriting agency (managing general agent) that provides insurance capacity and underwriting expertise exclusively to licensed damage insurance brokers in Quebec and Canada. The company specializes in placing hard-to-place and capacity-challenged risks across property, liability, hospitality, construction, marine cargo, and specialty lines by representing multiple A-rated insurance carriers and delivering rapid quote decisions.

Product overview

3 Spheres Assurance is a wholesale underwriting agency (agence de souscription) exclusively serving property and casualty insurance brokers in Quebec and Canada. The company specializes in placing difficult-to-place and hard-to-find insurance risks with A-rated insurers, offering rapid decision-making and service above industry standards. The product portfolio includes property insurance (real estate ownership, condominiums, residential buildings, commercial occupancies), liability coverage (general liability, umbrella/excess, professional liability, manufacturers' liability, D&O for condo syndicates, contractors including roofers and plumbers, woodworkers), marine/cargo insurance (stock throughput programs, goods in transit), course of construction insurance, equipment breakdown insurance, legal expense insurance, and special events insurance. The company provides downloadable application forms for all major product lines and offers capacity up to $20,000,000 for liability coverage and $7,500,000 for stock throughput programs.

Differentiator

Problem solved

Functional benefit

Products and services

• Real Estate Ownership Insurance (Residential & Commercial) Property insurance coverage for residential and small commercial real estate owners, including multi-unit residential buildings and condominiums, designed for brokers placing property risks with complex or non-standard profiles.
• Hospitality Insurance (Bars, Pubs, Restaurants, Hotels, Motels, Inns) Specialized insurance coverage for the hospitality sector, including bars, pubs, restaurants, hotels, motels, inns, spas and caterers, with capacity up to $5,000,000 and exclusions for certain high-risk establishments.
• Course of Construction (COC) Insurance Construction insurance covering projects of any size and duration, including projects in the Far North of Quebec and projects for Native Peoples/First Nations communities.
• Marine Cargo / Stock Throughput Insurance Coverage for goods in transit and stock throughput programs, including ocean cargo, warehousing and transportation, with capacity up to $7,500,000 covering goods from possession through final destination including storage and transformation.
• Contractor's Equipment Insurance Insurance coverage for contractor's equipment and forestry machinery, with capacity determined by insured requirements.
• Equipment Breakdown Insurance Insurance coverage for equipment breakdown and mechanical failures.
• Condominium Insurance Packages Comprehensive insurance packages for condominiums including property coverage and liability protection for condo syndicates, plus Condominium Directors & Officers liability coverage.
• General Liability Insurance General liability insurance coverage for businesses up to $20,000,000, including contractors, manufacturers, roofers, mining, public utilities, telecommunications, plumbers, and asbestos-related risks.
• Excess and Umbrella Liability Insurance Excess liability and umbrella coverage providing additional protection beyond primary policies, with enterprise liability capacity up to $20,000,000.
• Professional & Manufacturers' Liability Insurance Professional liability coverage for all classes of professionals, plus manufacturers' liability insurance with no limitation on US sales.
• Wrap-Up Liability Insurance Wrap-up liability insurance covering all parties involved in a construction project.
• Contractors Liability Insurance (Roofers, Plumbers, Woodworkers, Furniture Manufacturers) Liability insurance for contractors including specialized coverage for roofers, plumbers, woodworkers and furniture manufacturers.
• Legal Expense Insurance Coverage for legal expenses and related costs.
• Special Events Insurance Insurance coverage for special events.

Segments5 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• SIAdviserscoreImplementation/ SI/ Consulting PartnerSIAdvisers serves as the company's primary claims adjusting partner. They handle property and general claims on behalf of 3 Spheres Assurance. Contact: 1-800-287-8273 or [email protected]. The partnership ensures efficient claims handling for policyholders.
• Opus Experts en sinistrescoreImplementation/ SI/ Consulting PartnerOpus Experts en sinistres is the designated liability claims handler for 3 Spheres Assurance. They manage enterprise liability claims with capacity up to $20,000,000. Contact: 514-891-4672 / 1-855-907-OPUS (6787).
• A-Rated Insurance CarrierscoreOthers3 Spheres Assurance represents multiple insurance carriers selected specifically for their financial strength and stability (A-rated). These partnerships provide the underwriting capacity needed to serve brokers' clients across all product lines including property, casualty, marine, and specialty lines.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• RPS (Risk Placement Services): Major wholesale broker and MGA serving retail agents with specialty P&C capacity including hard-to-place risks; mirrors 3 Spheres' broker-mediated specialty underwriting franchise at national scale.
• Intact Financial Corporation: Canada's largest P&C insurer underwriting through broker channels across commercial, hospitality, and specialty lines; comparable to 3 Spheres as a competitor and potential carrier partner in the Quebec broker market.
• CRC Group: Wholesale insurance distributor and MGA platform providing specialty property, casualty, and marine capacity to retail brokers — closely aligned with 3 Spheres' distribution model and product mix, including marine cargo.
• Burns & Wilcox: Large North American wholesale insurance brokerage and MGA network offering specialty capacity to retail brokers across property, casualty, and niche lines — directly comparable to 3 Spheres' broker-only wholesale MGA model but at materially greater scale.
• Hub International: Large global insurance brokerage with strong Canadian retail broker operations that interact with wholesale MGAs like 3 Spheres; a primary broker customer as well as an indirect competitor for specialty placement.
• Northbridge Financial / Federated Insurance (North American Markets): Canadian commercial P&C carrier offering specialty capacity through broker channels including construction and hospitality risks; representative of the A-rated carrier partners 3 Spheres represents and competes against.

Direct peers

• Trisura Guarantee Insurance Company: Canadian specialty insurer and MGA providing commercial, surety, and warranty capacity through broker distribution; comparable as a Canadian specialty risk carrier/MGA peer for 3 Spheres' hard-to-place lines.
• Totten Insurance Group: Canadian specialty MGA focused on hard-to-place commercial risks across property, liability, and construction — directly comparable niche wholesale underwriting model serving brokers, similar in size and product mix to 3 Spheres.

Emerging players

• Specialty Insurance Advisors (Canadian MGA): Specialty Canadian MGA placing hard-to-place commercial risks through brokers; a smaller-scale peer that competes with 3 Spheres in Quebec and broader Canadian wholesale specialty channels.

Others

• SIAdvisers (claims partner): Independent claims adjusting firm used by 3 Spheres for property and general claims handling; an ecosystem partner rather than competitor, representative of the claims infrastructure supporting the MGA's service model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/3-spheres-assurance

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 3-SPHERES ASSURANCE INC.