Insurance Business Canada (IBC) has finalized the winners of its Fast Brokerages awards for 2022, recognizing and celebrating brokerages that enjoyed significant growth in revenue and headcount despite the COVID-19 pandemic and other challenges. Life Insurance Canada wins 2020 Fast Brokerages Award.
[GRAVENHURST, May, 9, 2022]—Life Insurance Canada, Canada’s first digital life insurance brokerage, was identified as one of Canada’s fastest growing life insurance brokerages in 2022.
Co-owners Simon Huften and Tyler Burtch were both born and raised in Orillia. They purchased Life Insurance Canada in 2019 and quickly invested in the technology to propel their mission forward: to ensure that every Canadian has the knowledge they need to make an informed life insurance decision.
When the pandemic hit in 2020, they were poised for success, having the necessary technology to provide a seamless online experience to Canadians looking to buy life insurance online.
In 2021 Life Insurance Canada.com:
- Grew their staff by 67%
- Increased their revenue by 30%
- Were accepted into Venture Labs Program
- Received a BTIF Grant
“Prior to purchasing Life Insurance Canada.com, Tyler and myself have talked about starting an online avenue for Canadian consumers to educate themselves on life insurance products as well as purchase them for many years. When the opportunity arose to purchase the company, we didn’t think twice about it and have not looked back since. The pandemic has pushed more and more Canadians to research their options for life insurance online and we were excited to be in a position to provide Canadians with unbiased information and quotes from the leading companies in Canada”
If you are interested in learning more about Life Insurance Canada you can always contact us here.