RMA Inc. Joins Quotey Marketplace

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RMA Joins Quotey Marketplace

Whitby, ON, October 8, 2024: To assist Canadian professional individuals and organizations requiring comprehensive Errors & Omissions (E&O) policy solutions with quick and competitive insurance rates, Quotey is delighted to announce the expansion of its commercial insurer marketplace to include Reinsurance Management Associates, Inc. (RMA), and their E&O insurance product offering. 

 

All brokers using the Quotey platform can receive instant quotes for over 130 classes of professionals including architects, engineers, insurance brokers, real estate agents, property managers, IT/media consultants, customs brokers and many more – all supplied through a connection to RMA’s syndicate portal suite of APIs. Importantly, brokers will also have the benefit of bundling optional coverages for commercial general liability, property and cyber to help them simplify their client’s insurance purchase. 

 

“RMA has deep expertise in underwriting professional businesses across Canada, as well as a broad appetite and a highly competitive product,” said Quotey Chief Executive Officer and Co-Founder Nick Kidd. “We’re thrilled to include their product range in our marketplace and excited to be a part of their digitization journey.” 

 

E&O policy solutions will be the first of several RMA products available on Quotey in 2024. Additional solutions for non-standard property, including vacant properties/dwellings will follow with a broader scope of functionality to make the experience even better for brokers. 

 

Canadians value the trusted advice provided by professional consultants, as much as they do the advice provided by their insurance brokers,” said RMA’s Vice President of Commercial Lines Jason Foroglou. “Ease of doing business is clutch in this digital age. We’re investing in new distribution modalities, such as Quotey, that allow us to get competitive quotes to brokers in rapid fashion – helping us provide great service, saving people time, and furthering RMA’s growth within the Canadian commercial insurance market. 

 

Quotey launched in 2022 in all provinces except Quebec, where it will be available later in 2024, and is Canada’s first multi-insurer commercial lines quoting and cover comparison tool for brokers. The platform allows brokers to complete a single digital application for over 700 classes of business and receive instant comparable quotes from a growing list of participating insurers. 

 

About RMA: 

Founded in 1996, and based in Toronto, Reinsurance Management Associates, Inc. (RMA) is part of Starwind Specialty Insurance Services. RMA is a licensed Life, A&H and P&C Managing General Underwriter with over $630 million of annual premiums under management. RMA’s team composed of Actuaries, Underwriters, Accountants and Claims Professionals with several having 20+ Years of Experience. RMA’s primary focus is to provide technical expertise and customized solutions to leading insurance companies, agents and brokers in both Canada and the USA. Their plan is to leverage this expertise and entrenched network to further develop a Commercial P&C program for Canadian brokered markets. 

Learn more at www.rmacan.com 

Media Contact: 

Jessica Marshall 
Chief Marketing Officer 
jmarshall@crcgroup.com 
248.842.1239 

 

About Quotey: 

Founded in 2020, Quotey Inc. is a privately held Canadian technology company based in Whitby, Ontario, established to serve the commercial insurance industry. It works with multiple brokerages and carriers to create a simpler, more efficient and ultimately better process for securing commercial insurance coverage for clients. Learn more at quotey.io. 

Media Contact: 

Nick Kidd 

Quotey Co-founder & CEO 

nick.kidd@quotey.io  

 

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