Westaim (OTCMKTS:WEDXF) Corporation is a Toronto-based investment company specializing in alternative credit and insurance solutions. Listed on the OTC Markets under the symbol WEDXF, the company focuses on generating attractive risk-adjusted returns through private credit investments, specialty finance, and insurance underwriting. Westaim’s diversified portfolio is managed by its internal teams, which leverage deep industry expertise to source and underwrite transactions across North America.
Through its private credit segment, Westaim offers senior secured loans, asset-based lending, and structured debt financing to middle-market companies, sponsor-backed transactions, and specialty finance entities. The firm’s strategy emphasizes capital preservation, rigorous credit monitoring, and bespoke financing structures tailored to borrowers’ needs. Complementing its credit platform, Westaim Asset Management provides bespoke fund solutions and co-investment opportunities to institutional investors seeking exposure to alternative lending markets.
On the insurance side, Westaim operates an underwriting platform that partners with established carriers and reinsurers to provide specialty lines capacity. The insurance business focuses on niche markets such as professional liability, property and casualty, and other specialty risks, with underwriting authority delegated to experienced management teams. Westaim’s insurance activities generate fee income and enhance portfolio diversification by offering uncorrelated sources of return.
Originally founded as an industrial holding company, Westaim reorganized in 2013 to concentrate on financial services and alternative asset management. Under the leadership of CEO Howard Liao and a Board of Directors with extensive capital markets and insurance backgrounds, Westaim continues to expand its credit solutions and insurance capabilities. The company serves clients and counterparties across Canada and the United States, maintaining headquarters in Toronto with strategic offices to support deal origination and portfolio management.
