Leading the way home: CAA innovates how Canadians get online property insurance quotes

CAA applies cutting edge technology to new online property insurance quotation tool.

TORONTO, Nov. 23, 2011 – The Canadian Automobile Association (CAA) announced today the launch of its new online property insurance quote tool. CAA members and non-members can now get online CAA property insurance quotes for homeowner’s insurance, condominium or, tenant insurance for renters.

Unlike any other online property insurance quotation tool available, CAA’s incorporates both the online quoting technology expertise of Kanetix Ltd and also the unique combination of data, geo-coded imagery and property valuation services of iClarify. The result of the collaboration is a quick, easy and accurate online service for consumers looking for CAA property insurance quotes.

“At CAA Insurance we continue to look for new and improved ways to provide the most efficient service to our customers. By leveraging state-of-the-art technology, provided by Kanetix Ltd and iClarify, as well best-in-class practices we are able to offer an industry leading experience,” said Matthew Turack, Vice President, CAA Insurance (Ontario).

“CAA has been a valued Kanetix partner since 2003, and we are proud to have played an integral role in the building of their online property insurance quote service,” said Craig Hopkinson, Director of Development Services at Kanetix Ltd. “Using technologies that maximize accuracy, ease-of-use, and ensures the proper valuation of properties, CAA has launched a consumer-facing tool that’s innovative and forward-thinking.”

In minutes, a person can get a CAA property insurance quote: fewer questions are required, certain details are pre-populated and, if getting a homeowner’s quote, the guesswork involved in calculating replacement costs is eliminated. The end result for consumers is an online property insurance quote that is accurate, easy to obtain and includes the right amount of coverage.

CAA offers property insurance to residents across Canada. Currently, online quotes are available to residents of Ontario, New Brunswick, Nova Scotia and Prince Edward Island. Outside of these provinces, getting a CAA property insurance quote is only a phone call away.

About CAA

CAA South Central Ontario is a not-for-profit auto club offering insurance, travel, automotive care and roadside services. There are more than 1.8 million CAA members in South Central Ontario and 5 million members in Canada. We’re more than Roadside Assistance. We’re Life-side Assistance. Visit www.caasco.com.

About Kanetix

Launched in October 1999, Kanetix was Canada’s first online insurance marketplace and today provides over a million quotes per year to consumers looking for insurance, as well as comparisons for mortgage rates and credit cards.

The Kanetix comparison service is a one-stop shopping environment for consumers. Each day, thousands visit the Kanetix website at www.kanetix.ca to comparison shop their various financial needs. Shoppers choose what they want to compare, obtain a quotation and complete an online application or, with the help of Kanetix, connect with the provider to purchase or apply for the product over the phone.

Through its Development Services division, Kanetix is also the leading provider of online insurance quotation technology, developing online quotation systems, mobile solutions, actuarial tools and websites for many of Canada’s largest insurance brands.

About iClarify

Launched in 2009, iClarify is a revolutionary property insurance valuation tool that helps consumers, brokers and insurers verify their consumer reporting and property data instantly and with industry leading accuracy. Offered as part of SCM Risk Management Services’ valuation services, iClarify brings clarity to insurance to value and a vastly improved level of service to the customer experience. Visit www.iClarify.ca for more information.