Novex Insurance
Novex Insurance Company offers its products and services through independent insurance brokers. Brokers are the consumers’ only option for INDEPENDENCE and CHOICE. Insurance brokerages are independently owned, offering insurance policies through insurance companies with whom they are contracted. Many brokerages offer clients a choice of multiple insurance companies. All insurance brokers are licenced through the Registered Insurance Brokers of Ontario
Founded: 1989
Parent organization: Intact Financial Corporation (IFC)
B-Independent Broker
Isurance Products:
High quality group benefits and insurance coverage to employee and association group members.
Parent organization: Intact Financial Corporation (IFC)
B-Independent Broker
Isurance Products:
High quality group benefits and insurance coverage to employee and association group members.
ABOUT NOVEX INSURANCE COMPANY
Founded in 1989, Novex Insurance Company specializes in group insurance and is a subsidiary of Intact Insurance. Novex was originally known for its specialization in business insurance products for marine, fire and casualty. Novex Assistance is made available to all Novex Insurance Company customers and will not count as a claim against your policy.
Why isure works with Novex?
Offering great rates for targeted employer-based groups.
A note about Novex from isure’s CEO/founder, Dario Battista
Novex is part of the Intact family, which is an important part of the isure value promise.
RATE MONITOR
% Increase
| Q1 | Q2 | Q3 | Q4 | % MARKET SHARE | |
|---|---|---|---|---|---|
| 2013 | – | -1.11 | -5 | 1.0 | |
| 2014 | – | – | – | -2.89 | 1.02 |
| 2015 | -1.27 | -0.13 | -1.43 | 1.03 | |
| 2016 | -2.56 | – | -1.35 | 0.00 | – |
| 2017 | 5.08 | – | – | – | – |
| % CHANGE SINCE Q1 OF 2008: 28.63 | |||||