SCM Insurance Services

Outsourced Insurance Services

Overview

SCM is Canada's largest independent provider of outsourced services to the property and casualty (P&C) insurance industry. TorQuest was attracted to SCM's track record of strong growth, customer relationships, leading market position, exceptional management team and innovative technology platforms. We partnered with the founder, who retained a significant equity stake in the business and continued as CEO before transitioning to Executive Chair. Acquisitions include add-ons to existing businesses as well as the addition of complementary new verticals within insurance services. TorQuest's investment in SCM builds on prior experience in the Canadian P&C insurance space, including the Fund I investment in GCAN Insurance.