OTTAWA, ON – May 29, 2019 – ENCON Group Inc., a leading managing general agent in Canada, announces the launch of V² (V Squared), a next generation, digital platform for brokers to procure commercial insurance. The new platform is the latest technology innovation from ENCON, a Victor company.
Accessible through www.Encon.ca, V² allows insurance brokers to quote, bind, and issue policies within minutes, 24 hours a day. The first coverage line offered through V² will be ENCON’s Technology Insurance for Small Firms, which protects against allegations of wrongful acts as well as a broad range of cyber risks for IT professionals. Additional lines of business designed specifically for small to midsize accounts will be added to the V2 platform in the coming year.
On the intuitive, easy-to-use platform, insurance brokers can choose multiple quote options to present to clients, add additional insureds, and get certificates of insurance, as well as manage their transactions in real-time.
“In today’s competitive environment, brokers are seeking ways to stand out,” said David Cook, ENCON President. “With V², we are vastly improving the speed and efficiency in which brokers can serve their clients, giving them a competitive advantage they are looking for.”
The launch of V² follows the launch of V+ , ENCON’s online portal for individual Canadians to purchase post-retirement personal life, health, and travel insurance
About ENCON Group Inc.
ENCON is a subsidiary of Victor Insurance Holdings, the world’s largest managing general underwriter, currently servicing greater than $1.2 billion (USD) in premium.
A leading managing general agent in Canada, ENCON has a rich history in specialty insurance, and offers a unique range of products and programs in professional liability, specialty property and casualty insurance, as well as group and retiree benefits. ENCON is committed to empowering brokers and their clients through innovation, specialized underwriting expertise and a nimble, technology-oriented business approach.