Kanetix in the news

Media coverage and press releases

Toronto, ON, February 14, 2002 - Today, Kanetix® (www.kanetix.ca) - Canada's online insurance marketplace, added another insurance company to its Quebec auto insurance quote comparison service - Assur-Ligne (or DirectProtect in Ontario), a direct insurance service administered by HB Group Insurance Management Ltd. and underwritten by COSECO Insurance Company, members of the Co-operators Group of Companies.

"We are excited to be working with the HB Group Insurance," said George Small, Co-founder, Kanetix. "Assur-Ligne offers our consumers a strong 'service-driven' alternative for their insurance needs. Their participation in the Kanetix quote comparison service adds a new dimension to our offering - particularly in Quebec."

Kanetix is Canada's leading online insurance quote comparison service and information center. Through its various marketing channels, Kanetix will provide HB Group Insurance with direct access to millions of Canadian Internet users.

"We are pleased to partner with Kanetix. They are the premier online insurance marketplace in Canada and we are very excited about the opportunity for exposure through this distribution channel. We are confident that this is one more way we can meet the needs of Quebec consumers," said Jeff Contant, President and COO, HB Group Insurance Management Ltd.

To compare insurance quotes at Kanetix, users simply log on to www.kanetix.ca and follow the five-step online process. In minutes, shoppers can see a list of up to 6 insurance quotes, choose the policy they wish, and buy online.

About Kanetix

Launched in October 1999, Kanetix (www.kanetix.ca) is Canada's national online insurance marketplace. The Kanetix insurance information and shopping service allows consumers to compare auto, 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 purchase online.

About Assur-Ligne

Assur-Ligne is a direct insurance service administered by HB Group Insurance Management Ltd. HB Group Insurance is part of the Co-operators Group, a group of Canadian companies focusing on insurance and financial security products and services. Assur-Ligne was launched in Quebec in 1997 and in Ontario as DirectProtect in 1996.

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For more information, please contact:

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

Brenda Thompson
HB Group Insurance Management Ltd.
(905) 507-5744