DEFINITY FINANCIAL CORPORATION TO ACQUIRE MINORITY INTEREST IN APOLLO INSURANCE
Summary
APOLLOs all-digital approach leverages extensive data and intelligent algorithms to quote, collect payment, and issue policies - all without human intervention - and serves all provinces, except Québec. "We believe that the scalable platform that APOLLO provides, combined with our proven track record in digital innovation and strong underwriting, will help strengthen our commercial distribution capabilities." "Our partnership with Definity provides us with resources and opportunities to expand our footprint in the small to mid-size business market", stated Jeff McCann, Chief Executive Officer & Co-Founder of APOLLO. "Definity and APOLLO share a deep commitment to using technology and software to deliver an effortless insurance experience to customers and our retail broker partners." In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances contain forward-looking information.