Onlia Insurance coverage, a supplier of residence and auto protection on-line, has entered right into a partnership with Toronto-based proptech firm Perch to supply homebuyers with a one-stop, self-service platform for purchasing mortgage and residential insurance coverage insurance policies.
As a proptech firm, Perch gives a web-based platform the place homebuyers can search and apply for reasonably priced mortgages. The partnership brings Onlia’s residence and auto insurance coverage merchandise to this platform, permitting homebuyers to buy a mortgage and residential insurance coverage coverage in a single checkout.
Moreover, clients who buy Onlia’s insurance policies on the Perch platform obtain a 5% low cost on charges.
“Whether or not you are a first-time homebuyer or a veteran out there, buying a property is probably going the biggest single funding a client makes – which will be daunting,” stated Fleur Dujardin, president of Onlia Insurance coverage. “We’re proud to work with Perch to assist take the guesswork out of discovering a mortgage and insuring a property by offering a fast and straightforward, all-in-one digital answer.”
“Our companies will go hand in hand, serving to residence consumers and homeowners discover the most effective residence insurance coverage insurance policies and in addition get a greater mortgage provide,” added Alex Leduc, CEO of Perch. “Perch and Onlia each try to make the house possession journey as handy and seamless as doable with a superb digital expertise, so we noticed collaborating as a pure match.”
Onlia’s partnership with Perch comes after it expanded its personal digital choices final 12 months, with employers being given the choice so as to add residence and auto insurance coverage to group advantages packages. The transfer launched a brand new group advantages platform the place P&C insurance coverage could possibly be bought and customised on-line. Sterling Capital Brokers had signed on to supply the group product to its clients and workers.
“Onlia and Sterling Capital Brokers have independently taken difficult and administratively heavy industries and simplified them by means of a digital buyer expertise,” stated Fernand Vartanian, Onlia’s head of enterprise improvement, again in June 2021. “We’ve got a shared dedication to buyer transparency which made for a pure partnership.”