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Press Release: Surex Competes With Insurance Heavyweights on National Stage
Nov 30, 2016
3 min
Press Release: Surex Competes With Insurance Heavyweights on National Stage

MAGRATH, ABSurex is honoured to be a finalist for both the Insurance Industry Employer of Choice Award and the KEAL Technology Award for Digital Innovation at the first annual Insurance Business Awards at the Liberty Grand in Toronto, Ontario on November 30th, 2016.

The event, which recognizes and honours achievements and contributions in the insurance industry, is expected to draw a sellout crowd for the Wednesday evening gala.

‘’It means a lot to be a finalist for the Insurance Industry Employer of Choice Award,’’ Lance Miller, Co-founder & CEO of Surex , said. ‘’We take pride in attracting, hiring and retaining the best employees in the industry. We know the positive impact the right colleagues will have as we continue to grow our brokerage.’’

Surex currently manages a book of business of over 20,000 policies, accounting for over $30 million in annual premiums. Surex ’s rapid growth garnered recognition earlier in the fall, as the online brokerage placed no. 30 on the 2016 Startup 50 Canada list. From humble beginnings in 2012, to a company with over 60 colleagues - including 10 full-time developers - in 2016, Surex’s technology development also plays an integral role in growth.

‘’To be a finalist for the KEAL Technology Award for Digital Innovation highlights how serious our commitment to technology is,’’ Matthew Alston, Co-founder & COO of Surex, said. ‘’Technology is by far our largest investment for the future. We believe in the broker channel and know there’s a great opportunity for the right delivery and customer proposition to succeed, both in the short and long term.’’

Surex’s customer proposition allows customers to get up to 10 auto, home or business insurance quotes in 5-10 minutes. The 100% transparent pricing model allows customers to see which companies are offering which price for their business. From there, the customer’s personal broker will contact them to verify their quote and make sure they’re getting all the discounts available to them. Customers then sign for their insurance through e-signature and have instant proof of insurance.

‘’Everything we do focuses on our customer-centric business model,’’ Alston continued. ‘’We want to provide customers with the most options, the best prices and the best experience – from quote to purchase to years into their relationship with us. We believe employing and empowering the right people, while continually investing in new technology, allows us to give the best customer proposition in the industry.’’

Currently offering insurance in five provinces and two territories, Surex will enter Canada’s largest market, Ontario, in January 2017.

About the Insurance Business Awards

The Insurance Business Awards celebrates the very best in people strategy and represents the gold standard of excellence in the insurance industry.

The event is hosted by Ben Mulroney. Whether he’s covering the Oscars, the Golden Globes or the Insurance Business Awards, Mulroney draws on his expertise to create a memorable and entertaining experience.

Live entertainment for the night will be Ascension Groove Band. Having performed on Broadway, as well as in Europe, Asia and the Middle East, Ascension Groove Band gets people on their feet with their mix of soulful jazz and Motown sound.

The Insurance Business Awards commence at 6:30pm on November 30th, 2016 at the Liberty Grand in Toronto, Ontario, with a Cocktail Reception. The Awards Ceremony follows at 7:30pm.

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