Apollo Insurance Solutions Ltd., Canada’s leading online insurance provider, has partnered with Loans Canada to offer immediate digital insurance products, specifically tailored to the millions of Canadians that use their website each year.
“APOLLO is a natural partner for our venture into insurance. With their end-to-end digital platform, we feel that APOLLO’s services are a great fit for our users.”
Launched in 2019, APOLLO Insurance now offers the largest selection of online insurance in Canada, through brokers and embedded partnerships like this one. Through APOLLO, consumers can get a quote and purchase insurance in five minutes, from any device, 24/7. As home to the largest lender network in Canada, Loans Canada now offers home, condo and tenants insurance to its millions of users, through APOLLO.
“Loans Canada is exceptional at providing their users the ability to access the right financial product for them,” said APOLLO Business Development Manager Yonas Alemyehu. “ With this partnership, Loans Canada’s users can now access the right insurance products for them, entirely online, through APOLLO.”
Launched in 2012, Loans Canada was Canada’s first online loan comparison tool. Since then they have been used by over 1 million Canadians and have partnered with Canada’s most trusted lenders and financial institutions.
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“We have experienced tremendous growth this past year and we are excited to leverage our brand into other financial service verticals,” said Scott Satov, President of Loans Canada “APOLLO is a natural partner for our venture into insurance. With their end-to-end digital platform, we feel that APOLLO’s services are a great fit for our users.”
APOLLO’s proprietary technology platform, the APOLLO Exchange, transacts insurance business in real time, and leverages extensive data and sophisticated algorithms to quote, collect payment, create and deliver policies. Thousands of types of small businesses and individuals are able to buy online without human intervention.
