About the company
Onlia offers innovative digital home and auto insurance to Canadians. Onlia's mission is to bring clarity, simplicity and utility to auto and home insurance. Because Canadians want great coverage without complication — and no matter what turns life takes, to feel supported along the way.
Onlia was launched in 2018, as a joint venture between Achmea, the largest insurance group of the Netherlands, and Fairfax Financial, a Canadian-based financial holding company.
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.