iA Financial Group vs Beneva: which is better? Comparison 2026

By our public methodology iA Financial Group scores 76 out of 100 and Beneva scores 70. Below: the factors and facts where they differ, each fact with its source.

Insurance companies in Canada 2026: a ranking built on verified facts How we rank

2

iA Financial Group

76/100
3

Beneva

70/100

Score breakdown

iA Financial GroupBeneva
Reliability7588
Service8657
Products8367
Transparency5050

Pros and cons

iA Financial Group

  • Long track record as a licensed insurer
  • Wide range of products for private customers
  • Publishes annual financial reports
  • Policies can be bought online

Beneva

  • Long track record as a licensed insurer
  • Holds a financial strength rating from a recognised agency
  • Publishes annual financial reports
  • Claims can be reported online

Facts side by side

FactiA Financial GroupBeneva
Licensed since1892 ia.ca1941 beneva.ca
Buy a policy onlineYes ia.caNot verified
Rating from a rating agencyNot verifiedYes beneva.ca
Financial reports onlineYes ia.caYes beneva.ca
Part of a groupYes ia.caNo beneva.ca
Report a claim onlineYes ia.caYes beneva.ca
Mobile appYes ia.caYes beneva.ca
24/7 phone lineYes ia.caYes beneva.ca
Retail lines offered (of 6)5 ia.ca4 beneva.ca
Complaints procedure publishedYes ia.caYes beneva.ca
Calculator or tariffsYes ia.caYes beneva.ca

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