Covera acts as a digital broker and finds optimal insurance coverage for customers

Country: Canada
Date: 2016

Concept

Covera is a free digital broker aiming to help P&C insurance customers by searching for better contracts once they expire
The company automatically creates a detailed profile and presents a variety of insurance options to customers
After ensuring that the insurance plan is optimal, Covera handles the logistics for changing carriers or contracts
Covera does not yet have a broker’s license, but its launch is planned during 2016 in Quebec, before entering the markets of Ontario and Alberta in the future

Time-saving: users no longer need to waste time shopping and searching for suitable insurance
Money-saving: users have access to the most optimal insurance in terms of premium amount
Convenient: logistics around researching and finding new insurance coverage is managed by Covera which is more convenient for users
How To Use
Users must sign a broker reference letter through the website Covera.co
This letter will subsequently be used to know what type of contract, coverage, and benefits the client is looking for
Thirty days before the police renewal, the Covera team will handle all logistics necessary to change insurer, while the customer remains fully covered – at no additional cost