MISSISSAUGA, June 11, 2009 – York Fire & Casualty Insurance Company (York) is proud to announce its full-scale entry into the Ontario snowmobile insurance market. York and the Ontario Federation of Snowmobile Clubs (OFSC) have entered into a five-year agreement, beginning September 1st, 2009, whereby York will provide the OFSC membership a snowmobile insurance program specifically designed to meet their needs. The new Power Sports Insurance Solutions™ program includes York�s full suite of personal lines and commercial lines insurance products. In exchange, the OFSC will exclusively endorse York�s Power Sports Insurance Solutions™ program to its members. www.york-fire.com
“We are excited to have the OFSC�s endorsement of York�s Power Sports Insurance Solutions™ program and are confident that this agreement will be of mutual benefit for the OFSC and its members, and York and its broker partners”, said President & COO of York, Martin Delage. “We look forward to seeing the success of this program, which will be achieved by building a close and co-operative relationship between York and the OFSC in the years to come.”
“This program is a WIN � WIN � WIN for everyone involved, and is also great news for the snowmobile industry. The OFSC membership will have access to York�s high quality insurance protection at competitive prices,” declared Paul Shaughnessy, OFSC executive director. “At the same time, York will enjoy the exclusive endorsement of the OFSC to promote its Power Sports Insurance Solutions™ program to our members through York�s broker partners.”
York is uniquely positioned to deliver its innovative Power Sports Insurance Solutions™ program to the OFSC membership. The Federation, as the coordinating body for organized snowmobiling for all of Ontario, has member clubs located throughout the province. York sells its insurance products through a network of approximately 200 independent insurance brokers operating from more than 350 offices located throughout Ontario. This symmetry is ideal for the new program.
About York Fire
York Fire & Casualty Insurance Company is a Canadian owned and operated property & casualty insurer. The company was founded in 1955 and since October 2008 is a subsidiary of La Capitale General Insurance, a major property & casualty insurer in Quebec. It continues to be independently managed and distributes its products through a network of over 200 brokers located throughout Ontario and Alberta.
York�s web portal, The York Connection, offers York brokers underwriting automation with real-time data sharing and allows for straight through processing of new business and policy change transactions quickly and efficiently without ever leaving their Broker Management System (BMS). The York Connection provides York brokers with single data entry for a superior sales and service oriented customer workflow at the point of sale.
From its head office in Mississauga, Ontario, York offers a wide range of personal and commercial insurance to protect consumers� homes, cars and businesses. As of March 2009, York has expanded its product offerings to include surety products in both the contract surety and commercial surety markets.
York strongly believes in the value that a broker brings to the insurance transaction and is committed to working with brokers to preserve and strengthen their role in the distribution of property & casualty products in Canada.
About The Ontario Federation of Snowmobile Clubs
The Ontario Federation of Snowmobile Clubs is dedicated to providing strong leadership and support to member clubs and volunteers, to establishing and maintaining quality snowmobile trails which are used in a safe and environmentally responsible manner, and to furthering the enjoyment of organized snowmobiling.
As the coordinating body for organized snowmobiling in Ontario, the OFSC provides advice and guidance to member clubs on a broad range of topics to ensure provincial objectives are met. The Federation is also responsible for activities that the clubs deem are best handled at the provincial level such as policy and procedures, the user pay system, TOP Trail planning, insurance, environment, and safety.
Proceeds from the sale of snowmobile trail permits provide primary funding for both the trail operations of local snowmobile clubs and the OFSC. With family membership now standing at about 180,000 the Ontario Federation of Snowmobile Clubs is the largest snowmobiling organization in the world.