IPMGA

What IPMGA does

IPMGA (Insurance Program Managers Groups & Associations) is a privately held Canadian insurance brokerage registered with the Registered Insurance Brokers of Ontario (RIBO) and compliant with CISRO Principles of Conduct. The firm is headquartered in Ontario with offices at 300 Rossland Road East in Ajax and 55 York Street in Toronto, and operates with a stated headcount band of 1-10 employees. Its business is the brokerage and placement of commercial insurance policies on behalf of groups, associations, and professional practices, with the firm acting as intermediary between client organizations and insurance carriers.

The firm's product surface consists of five commercial coverage lines: Office Insurance, Directors and Officers Liability, Errors and Omissions Liability, Event Liability Coverage, and Cyber Liability. Coverage is positioned as tailored to the risk profile of member-based organizations, with the firm describing its role as trusted advisor and ongoing risk management partner rather than transactional policy seller. Distribution is direct, primarily through the two Ontario offices, phone (1-855-355-9950), and email, supplemented by a content-led corporate website (ipmgainsurance.com). No proprietary technology platform, digital distribution channel, mobile application, or API is referenced in the source material.

IPMGA earns revenue through insurance brokerage commissions on policies placed with carriers, consistent with standard intermediary economics in the Ontario commercial insurance market. No pricing is publicly disclosed; quotes are produced on a per-client basis reflecting risk profile, coverage scope, and group size. The firm is privately held with no disclosed ownership, institutional investors, parent company, management team, funding history, partnerships, awards, patents, or financial figures in the available source material, which limits any conclusion about scale, profitability, or growth trajectory.

Name

IPMGA

Legal name

IPMGA

Website

https://ipmgainsurance.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

IPMGA is a privately held Ontario-registered insurance brokerage that places commercial coverage (Office, D&O, E&O, Event, and Cyber Liability) for groups, associations, and professional practices through offices in Ajax and Toronto.

Ownership category

akta.pro rank

Product category

Insurance Brokerage

NAICS

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

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Insurance Program Administration & MGA/MGU Services (FSAEADAK)

Keywords

• Insurance brokerage services
• Commercial insurance solutions
• Group insurance programs
• Association insurance coverage
• Liability insurance coverage

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Brokerage Commissions: IPMGA operates as a registered insurance broker earning revenue through commissions on insurance policies placed for their clients. As an intermediary between insurance carriers and groups/associations, they earn fees or commissions from insurers for placing coverage.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

IPMGA is a registered Ontario insurance broker that places and services specialized commercial insurance coverage for groups, associations, and professional practices. Its core offering consists of five tailored coverage lines — Office Insurance, Directors & Officers Liability, Errors & Omissions Liability, Event Liability, and Cyber Liability — packaged with risk assessment, advisory, and ongoing policy servicing. Revenue is generated through carrier commissions on policies placed.

Product overview

IPMGA is an insurance broker delivering specialized insurance solutions for groups and associations. The company operates as a single-product insurance brokerage offering five distinct commercial insurance coverages: Office Insurance (commercial property protection), Directors & Officers Liability (corporate governance protection), Errors & Omissions Liability (professional liability coverage), Event Liability Coverage (event-specific risk protection), and Cyber Liability Insurance (digital risk coverage). These products are tailored specifically for the unique needs of member-based organizations and associations.

Differentiator

Problem solved

Functional benefit

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• Arthur J. Gallagher & Co. (Canada): Global insurance brokerage with substantial Canadian operations offering commercial coverage across all of IPMGA's product lines (D&O, E&O, Cyber, Property). Overlaps with IPMGA's offering as a much larger incumbent serving Canadian association clients.
• Marsh Canada: Global insurance broker and risk advisor with a major Canadian practice covering commercial and association clients. Broadly comparable to IPMGA's commercial-lines advisory role but with national/international scale and broader product depth.
• Aon Canada: Global risk and insurance brokerage with a significant Canadian footprint serving commercial clients across D&O, E&O, Cyber, and specialty lines. Comparable to IPMGA's advisory posture but at scale across multiple provinces and industries.

Direct peers

• Westland Insurance Group: Canadian insurance brokerage with strong Western and Ontario presence serving commercial and group clients. Comparable to IPMGA as a multi-line commercial broker delivering tailored coverage to organizations across Canada.
• BrokerLink: One of Canada's largest retail insurance brokerage networks with a heavy Ontario presence. Highly comparable to IPMGA as a commercial insurance broker for individuals and businesses, though operating at vastly greater scale across multiple provinces.
• Cowan Insurance Group: Canadian-owned brokerage providing commercial, association, and specialty insurance solutions. Directly comparable to IPMGA's commercial-lines brokerage model for groups, associations, and professional practices in Canada.
• BFL Canada: Canadian specialty insurance brokerage operating across commercial and association-adjacent lines. Comparable to IPMGA as a Canadian-based commercial broker delivering tailored coverage solutions for niche client segments.
• K&K Insurance Group: Specialty program manager and MGU-style insurance provider offering tailored coverage packages to niche associations and member organizations (sports, leisure, attractions). Closely comparable to IPMGA's stated program-manager orientation for groups and associations.
• Capri Insurance Services: Canadian insurance brokerage focused on niche and association-type commercial clients. Comparable to IPMGA as a smaller specialty broker delivering multi-line commercial coverage (property, liability, cyber) to organizational clients.

Emerging players

• Intact Public Entities: Specialty Canadian broker focused on municipal, public-sector, and association-adjacent clients. Comparable to IPMGA in its focus on organizational, non-corporate commercial clients needing tailored coverage programs.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/ipmga

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

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 IPMGA