Kanetix adds Travel Underwriters to online travel insurance quote comparison service

TORONTO, Oct. 4, 2005 – kanetix (www.kanetix.ca) introduces another travel insurance provider in its online quoting system to offer consumers more choice and variety when shopping for travel insurance coverage. Travel Underwriters, a company specializing in the travel insurance market for more than 40 years, will now offer its travel policies and comprehensive coverage to kanetix customers.

“The addition of Travel Underwriters gives kanetix visitors the travel insurance options they’ve asked us for,” said Gregory Ellis, co-founder of kanetix. “Travel insurance shoppers can now get and compare quotes from competing companies, for different coverage plans, or for single or multi-trip timeframes.”

President of Travel Underwriters Kathy Starko is pleased to provide user-friendly consumer quotes for Canadians shopping for travel insurance on the Internet.

“We are a company committed to reaching the full potential of Internet technology,” said Starko. “This partnership with a leading-edge insurance quoting company fits our vision for where we see our company heading in the future.”

Insuring more than one million trips each year, Travel Underwriters has established strong business-to-business partnerships over the past 40 years with insurance brokerages, automobile associations, banks, credit unions, travel agencies, tour operators and airlines to sell its travel policies to Canadians, visitors to Canada and international students. This new partnership with kanetix demonstrates a commitment to reach a new breed of Internet savvy consumers and offer them comprehensive coverage when they are away from home.

Through a simple, two-step process, visitors to the site can obtain customized travel insurance quotes that consider factors such as the number of people travelling, travel dates and frequency of travel. In minutes, consumers get a side-by-side comparison of travel policy costs and coverage.

About TuGo

TuGo (formerly Travel Underwriters) is an organization established in 1964 to provide insurance and health care services to North American consumers. Areas of specialty include insurance products and services, health care management and international travel and medical assistance services. Tugo delivers the highest level of support when travelers face an emergency through a multilingual customer call centre and experienced travel assistance team. TuGo is based in Richmond, BC, with offices in Calgary, Toronto, Montreal, San Diego and Mexico City.

About kanetix

Launched in October 1999, kanetix is Canada’s only national, online insurance marketplace. The kanetix insurance information and shopping service brings consumers and insurance companies together in a one-stop shopping environment. Each day, thousands of consumers visit the kanetix website to compare insurance quotes from a variety of Canadian insurance companies. Users can select the insurance quote of their choice and choose to complete the application for coverage online or purchase their policy over the phone.

In addition to the insurance marketplace, kanetix is the leading provider of online insurance quotation technology and develops online quotation systems and websites for some of Canada’s leading insurance providers.