Zensurance is a Toronto-based technology company founded in 2016 that has established itself as a leading source for small business insurance in Canada. The company's mission is to empower small businesses, entrepreneurs, independent contractors, and self-employed professionals across numerous industries to thrive by offering an honest, simplified, and modern approach to insurance. Zensurance leverages data analytics and technology to streamline the insurance purchasing process, allowing clients to obtain customized and cost-effective insurance policies quickly and efficiently. Through its online platform, businesses can fill out an application, choose their coverages, and receive policy documents, often within 24 hours.
The company partners with a network of over 50 insurance providers to offer a wide range of commercial insurance products. This extensive network enables Zensurance to provide customers with competitive pricing, potentially saving them up to 35% on premiums compared to traditional brokers. Zensurance's offerings include various types of coverage such as general liability, professional liability (errors and omissions), commercial auto, cyber liability, and property insurance, tailored to the specific needs of different industries. The company has received recognition for its innovative approach in the FinTech and InsurTech sectors and has expanded its operations across nine Canadian provinces. In 2018, The Travelers Companies, Inc. acquired a majority stake in Zensurance, further supporting its growth and technological development. Zensurance is committed to providing excellent customer service through its licensed brokers and client support team.