Ratehub Inc. announced June 1 that it has launched its own property and casualty (P&C) brokerage, RH Insurance, which is currently licensed in Ontario.
The firm combines the use of online technology, which is then augmented by advice provided by an in-house insurance brokerage team. In a statement, the company says the move brings it “one step closer towards achieving its goal of being Canada’s go-to source for digital personal finance products across insurance, mortgages, credit cards, investing and banking products.”
The company says the firm will function similarly to any other P&C brokerage by offering customers the option to compare and purchase personal and commercial insurance products, including auto, home insurance, rental unit insurance, motorcycle and recreational vehicle coverage. It will provide service online 24 hours a day, while personal sales and customer service will be available by telephone and email during business hours.
“We’re obsessed with delivering more than just product comparisons,” says Ratehub co-CEO and co-founder, Alyssa Furtado. “We want our customers to have the option to purchase products with us. Our mortgage brokerage, CanWise Financial, has shown us the benefits of working with our customers throughout the entire sales process. We’re excited to do the same on the insurance side.”