LGM proudly celebrates its twenty-fifth anniversary in business. This milestone represents a quarter-century of remarkable achievements, unwavering commitment to our partners and consumers, and a relentless pursuit of revolutionizing the finance and insurance (F&I) industry. As the firm reflects on their journey, they extend their gratitude to the partners, stakeholders, and friends who have supported their growth along the way.
“Looking back on the incredible milestones that we’ve achieved in the last twenty-five years, it’s clear that LGM’s commitment to innovation was key in getting us to where we are,” says Drew Collier, President & CEO of LGM. “On this momentous occasion, I express my deepest appreciation to our esteemed OEM and dealer partners for their unwavering support. I would also like to extend a heartfelt thank you to all our dedicated employees whose contributions have been integral to our achievements.”
In 2023, LGM is the F&I provider of choice to over ten distinguished OEM brands and is partnered with over 1,200 dealerships across Canada. To date, they’ve sold over 1.8 million F&I policies to Canadian automotive consumers.
Additionally, guided by an intrinsic value to giving back, their employees have collectively contributed hundreds of thousands of hours of their time to community service.
With an unwavering commitment to innovation and an insatiable drive to exceed expectations, LGM eagerly anticipates the decades of achievements and partnerships that lie ahead.
Doors opened in Vancouver as part of a joint venture with AIG.
Formed partnerships with Arctic Cat Canada and Sovereign General Insurance Company.
Carfinco signed on as our partner for automotive warranties on sub-prime financing.
Volkswagen Group Canada Inc. became our first auto original equipment manufacturer (OEM) partner.
Our network of dealers expanded to 500 strong.
Joined forces with the CUMIS Group to offer Loan Protection .
Began our longstanding partnership with Kia Canada Inc.
Released SecureDrive, our proprietary product line for dealers.
Recognized as one of Canada’s fastest growing companies by Profit 500 this year and for the following nine years.
Listed on “Best Workplaces in Canada” by Great Place to Work®.
Partnered with BMW Canada Inc.
Partnered with Mazda Canada Inc.
Reached 1,000+ active dealer partners across Canada.
Partnered with Mitsubishi Motor Sales of Canada, Inc.
Organized Auto Dealers Against Distracted Driving Campaign, a country-wide campaign to increase attention and education around dangerous distracted driving.
Partnered with Hyundai Auto Canada Corp.
Partnered with Volvo Cars Canada.
Launched our proprietary point-of-sale system: the LGM HUB to streamline user experiences and enable faster go-to market capabilities.
Aon Hewitt recognized us as a Best Employer in Canada.
Partnered with Genesis Motors Canada.
Teamed up with Shell Canada Limited and HTEC to create Canada’s first retail Hydrogen fueling station to help with accessibility to sustainable fuel options for Vancouverites.
Recognized as a Canada’s Best Managed Company for the first of four times.
Partnered with Jaguar Canada and Land Rover Canada.
Became a Social Purpose Business in partnership with United Way’s Social Purpose Institute.
Partnered with our first electric vehicle (EV) only OEM, Polestar Canada and were one of the first F&I providers to launch EV warranty solutions in Canada.
Launched GuardTree, Canada’s first used car warranty subscription product.
Became one of the first F&I providers in Canada to integrate artificial intelligence (AI) into our claims process to deliver decisions in seconds, enhancing both our dealers’ and customers’ experiences.
Launched Recommendation Engine, an application that uses Machine Learning to recommend personalized protection products to automotive consumers.
Demonstrated Social Purpose commitment through moving the majority of our reserve investments to an ESG model.
Achieved platinum status in Corporate Knights’ Social Purpose Transition Pathway report for outstanding implementation of our Social Purpose into business operations.
Launched protection products for BMW Motorrad Canada.