Apr. 2, 2012 – Saskatchewan vehicle owners can now obtain quotes and purchase extension auto insurance online, thanks to a partnership between SGI CANADA and Kanetix.
The auto insurance eQuote service is the first of its kind offered in Saskatchewan and employs the online quoting technology expertise of Kanetix Ltd. Consumers can now receive quotes for extension auto insurance and purchase this insurance online, at their convenience. Brokers are an integral part of the process, as customers can refer the quote details to their broker for advice before purchase, and customers must choose a broker to complete the purchase online.
While basic insurance is included with vehicle registration through the Saskatchewan Auto Fund, package policy insurance through SGI CANADA provides extra liability coverage for travel inside and outside of Saskatchewan, for vehicles at risk of cracked windshields or wildlife collisions, replacement cost for newer vehicles, or to lower deductibles.
“We’re seeing changing needs of our customers and a growing population here in Saskatchewan,” said Andrew Cartmell, President and CEO of SGI CANADA. “With this service, we can meet those needs, and offer something they can’t get from any other company in the province, which is the choice to research and purchase extension auto insurance online.”
The eQuote quoting and binding tool connects to SGI CANADA’s Broker Online Service System (BOSS). As a result, brokers can view a customers’ online quote, provide information back to the customer, and electronically submit the information to SGI CANADA, without having to re-enter data. This technology simplifies the communication between broker, customer and SGI CANADA, and offers the option of a paperless process.
“By collaborating with SGI CANADA and building their innovative and easy-to-use eQuote tool, we applied Kanetix’s expertise in helping consumers shop their auto insurance needs online,” said Yousry Bissada, President and CEO of Kanetix Ltd. “The end result is a consumer-friendly service that gives the drivers of Saskatchewan an opportunity to do something they’ve never been able to before: get additional auto insurance quotes that can then be easily and conveniently purchased online.”
The eQuote launch further entrenches Kanetix’s position as a leading provider of online insurance quotes by continuing to innovate how Canadians shop for, and buy, insurance.
About SGI CANADA
SGI CANADA has been in business for more than 60 years, selling property and casualty insurance in seven Canadian provinces. It operates as SGI CANADA in Saskatchewan; SGI CANADA Insurance Services Limited in Alberta and Manitoba; Coachman Insurance Company in Ontario; and the Insurance Company of Prince Edward Island (ICPEI) in New Brunswick, Nova Scotia and Prince Edward Island. Visit SGI CANADA at www.sgicanada.ca. Saskatchewan Government Insurance (SGI) is the province’s self-sustaining auto insurance fund.
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 Software as a Service team, 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.