VANCOUVER, BRITISH COLUMBIA — July 6, 2016 – Crelogix Acceptance Corporation, a leading Canadian consumer finance provider, announced today that they have developed and launched a proprietary Group Creditor Insurance Portal (Insurlogix) designed specifically to meet the insurance technology needs of their broker and merchant partners across Canada.
“We have spent more than a year developing this platform and are extremely pleased to introduce this technology to the Canadian marketplace,” says Rob Strathearn, Vice President & General Manager Financial Intermediaries. “Our fully integrated platform provides access to life, disability, critical illness and job loss creditor insurance from a leading Canadian Insurer for loans originated through other Canadian lenders”. Our user friendly solution is extremely complimentary to the other products and services currently being offered by our broker and merchant partners.”
“With our insurance products platform, our partners can now sell creditor insurance regardless of the loan provider,” says Karim Nanji, Vice President of Information Technology at Crelogix. “We have created a device-agnostic, standalone insurance portal that is available 24/7 and provides for electronic delivery of product Guide and certificate of insurance. We’ve made it very easy for current and future partners.”
“We are very excited to be partnering with Crelogix on integrating their insurance portal technology into our business model,” says James Plewak, CEO of Strength Finance. “We have a long-standing relationship with the Crelogix team and we are extremely supportive of new opportunities they bring to the marketplace.”
About Strength Finance:
Since 1997 Strength Finance has been building a proven and strong foundation on consulting and training, becoming a leader in innovative sales and finance point of sale development.
Crelogix is Canada’s friendliest non-bank, technology enabled, consumer financial services company. Our roots and expertise trace back to 1974. We are the largest Canadian provider of point of sale installment credit financing based on over three billion dollars in transactions and over half a billion dollars of purchase volume and receivables. We are led by a leadership team with over two centuries of experience in financial services, and a track record of growing profitable finance businesses. Our team’s past record enables us to access institutional capital and build long lasting funding commitments. We provide a range of credit, insurance, and product protection solutions through custom programs we have established with a diverse group of merchants, retailers, wholesalers, manufactures, franchisors and industry associations. Our programs are designed to help grow our partners’ sales while offering affordable, flexible, and responsible financing to Canadian consumers. We offer consumers a variety of credit, insurance, and product protection to finance the purchase of goods and services. We do that at retail, through 6,000 merchants across Canada, as well as through their websites and mobile applications. For more information go to www.crelogix.com.
604.293.1131 X 2369