BMO-Best Insurance Company Canada

Best Insurance Online09 Nov, 2021Finance

BMO or The Bank of Montreal is the fourth biggest Canadian bank by assets and market capitalization. In fact, it is regarded as one of the Big Five (including TD, CIBC, RBC, and Scotiabank). It is also one of the most recognized banks in the North American area. BMO Insurance was founded in 1817 as a member of the BMO Financial Group. In 2009, the Bank of Montreal acquired the AIG Life Insurance Company of Canada. AIG was then renamed BMO Life Assurance Company, with the headquarters being put at Toronto, Ontario.