About the company
Onlia offers digital products that help Canadians live safely. In 2018 we launched our safe-driving mobile app, Onlia Sense™, which coaches safer driving habits and rewards progress made. Since then, we’ve expanded to offer innovative, all-online car and home insurance, along with on-demand roadside assistance services.
Onlia Holding Inc. is a joint venture between Achmea, the largest insurance group in the Netherlands, and Fairfax Financial, financial holding company based in Canada. Driven by data and behavioural economics, Onlia is connecting Canadians with a safer approach to living – because we believe that life is better when we’re safer together.
Onlia Agency Inc. commission disclosure
Under the terms of our MGA, Onlia Agency Inc. is compensated in part by commissions paid from Verassure Insurance Company for the distribution and maintenance of its insurance products. In Ontario, this amounts to 15% of home and auto insurance policy premiums. In addition to the commissions, Onlia Agency Inc. is also entitled to profit sharing based on the profitability of the underwriting account. This is dependent upon several factors including the profitability and growth of the business placed.