Kanetix in the news

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Toronto, ON, December 6, 2002 - Kanetix® - Canada's insurance marketplace and online insurance information centre, today announced that RBC Insurance has joined its online auto insurance quote comparison service for Quebec consumers.

"We are very pleased to include RBC Insurance in our growing Quebec quote comparison service," said George Small, Co-founder, Kanetix. "Extending RBC Insurance's home and auto product to our Quebec market is a win-win for our visitors and RBC Insurance."

RBC Insurance joined the Ontario Kanetix comparison service in January 2001. After exceeding expectations in the Kanetix Ontario market, Andrew Rogacki, President & CEO of the home and auto division of RBC Insurance, is equally confident about the Kanetix expansion into Quebec.

"We believe joining Kanetix's Quebec service will go a long way towards helping us build our presence in the key Quebec market," said Rogacki.

Each day Kanetix provides thousands of Canadians with comparative insurance quotes online. Through Kanetix's various marketing partnerships, RBC Insurance has direct access to more than 15 million Internet users.

To compare insurance quotes through Kanetix, users simply visit the Web site (www.kanetix.ca) and follow the 5-step online process. In minutes, shoppers can see a list of up to 8 insurance quotes, and choose the policy they wish.

About Kanetix

Launched in October 1999, Kanetix (www.kanetix.ca) is Canada's first national, online insurance marketplace. The Kanetix insurance information and shopping service allows consumers to compare auto, motorcycle, life, property and travel insurance quotes from a variety of Canada's leading providers. Users can select the insurance policy of their choice and complete the application for coverage online.

About RBC Insurance

RBC Insurance, through its operating entities, including RBC General Insurance Company, provides a wide range of creditor, life, health, travel, home, auto and reinsurance products to more than five million North American customers. RBC Insurance's growing home and auto insurance operation provides Canadians with protection for their houses, condominiums, rental and seasonal properties, cars, minivans, motorcycles, recreational vehicles, snowmobiles and boats. These products are offered to individual customers through direct sales channels as well as through employee and affinity plans. For more information, please visit www.rbcinsurance.com

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For more information, please contact:

George Small
Co-founder, Kanetix
(416) 599-9779 ext. 202

Amanda Bell
RBC Insurance
(905) 606-1850