CAA Insurance, BrokerTeam Insurance Group announce strategic partnership

CAA Insurance Company (Ontario) announced on Friday that it had entered into its first strategic partnership with BrokerTeam Insurance Group to deliver “unique and trusted insurance coverage.”

BrokerTeam will now be the only brokerage firm in Ontario to offer the following integrated CAA Insurance products and services: Home & Auto Insurance, Travel Insurance, as well as a CAA membership, CAA South Central Ontario said in a media release. As part of this one-of-a-kind alliance, CAA’s usage-based insurance program will also be available to its brokers and customers.

“The decision to team up with BrokerTeam was a simple one as we aim to offer the right coverage that works for both the consumer and the broker,” said Matthew Turack, president of CAA Insurance, in the release. 

“This is exciting news for our clients whom will receive added value and extra discounts exclusively from this partnership with CAA Insurance,” added Royle Leung, president of BrokerTeam Insurance Group.

BrokerTeam Insurance Group is a multilingual P&C brokerage in Canada with a growing customer base and over 100 employees in seven regional offices across the country, including Richmond Hill, Thornhill, Markham and Waterloo, Ontario, as well as Calgary and Vancouver. Its affiliated companies include Prime40 Insurance, Chat Insurance, CoreService Insurance and PrimeService Insurance.

CAA South Central Ontario is one of nine auto clubs across Canada providing roadside assistance, travel and insurance services for two million members.