Optimum Group History

Our organization began with the creation of Gilles Blondeau & Compagnie, an actuarial consultation firm. A few years later, this firm became Optimum Consultants & Actuaries and still offered actuarial and consultant services.

With the years, we expanded our business sector and multiplied our activities. In 1971, we acquired a life insurance company and broadened our mission to include life reinsurance. Optimum Reassurance has since become a Canadian leader in the field.
 


International breakthroughs

In 1975, our company took on the life insurance market in France, acquiring a company which we renamed Optimum Vie S.A. The following year, we extended our offer to include the property and casualty insurance market - one of our major sectors today - creating Optimum Insurance Company, the first of the Group's three existing property and casualty insurance companies in Canada. In 1987, pursuing inroads into the life reinsurance sector in the United States, the Group acquired the American division of SCOR, later to become Optimum Re Insurance Company.

Then in 1985, our organization created two asset management companies. In Canada, Optimum Asset Management manages institutional and private portfolios and in France Optimum Gestion Financière S.A. manages portfolios and mutual funds.

 

Constant support to operational teams

Over time, in order to support operational teams, Optimum Group has relied on the services of actuarial, legal, tax, accounting, HR and communications experts. We also created the subsidiary Optimum Informatique, which is responsible for technology development and implementation as well as providing IT support for the various Group entities. Similarly, Optimum Foncier Inc. provides strategic management of Group property assets in Canada and in the United States, France and the Caribbean. 


Solid foundations, the promise of a prosperous future

Because we have managed to diversify and adapt, today we are a private Canadian financial group with international operations. Our assets under management now total $9 billion and approximately 500 people worldwide countribute to our success. We have a solid executive team grooming the next generation's Optimum Group leaders. Our company's Mission, Vision and Values guide our managers and employees, furthering our performance and growth.