Contribution: Industrial Research Assistance Program – Contributions to Firms
Foxquilt Insurance Services Inc.
$200,000.00
Project Modern Insurance Carrier – Policy Administration Platform
FY 2020-21 · 2020-04-06
Summary
Building a full policy administration platform to allow for end-to-end delivery of commercial insurance products throughout Canada. This platform will allow for quoting, binding (close), payment, policy issuance and midterm policy changes.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Toronto|Toronto, Ontario, Canada
Recipient Type
For-profit organization
Business Number
745651695
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2021-04-02
Agreement Number
949039
Agreement Start Date
2020-04-06
Agreement Title
Project Modern Insurance Carrier – Policy Administration Platform
Agreement Title (French)
Projet de compagnie d'assurance moderne - Plate-forme d'administration des polices
Agreement Type
Contribution
Agreement Value
$200,000.00
Amendment Number
0
Coverage
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation. | Les projets des Contributions aux entreprises stimulent la création de richesse au Canada grâce à l’innovation technologique.
Description
Building a full policy administration platform to allow for end-to-end delivery of commercial insurance products throughout Canada. This platform will allow for quoting, binding (close), payment, policy issuance and midterm policy changes.
Description (French)
Mise en place d'une plateforme complète d'administration des politiques pour permettre la fourniture de bout en bout de produits d'assurance commerciale dans tout le Canada. Cette plateforme permettra de proposer des devis, de conclure des contrats, de payer, d'émettre des polices et de modifier les polices à moyen terme.
Expected Results
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Expected Results (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Federal Riding
Spadina--Fort York
Federal Riding (French)
Spadina--Fort York
Federal Riding Number
35101
NAICS Code
511211
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Contributions to Firms
Program Name (French)
Programme d’aide à la recherche industrielle – Contributions aux entreprises
Program Purpose
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Program Purpose (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Recipient Business Number
745651695
Recipient City
Toronto|Toronto
Recipient Country
CA
Recipient Legal Name
Foxquilt Insurance Services Inc.
Recipient Postal Code
M5E 1E5
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2020-2021-Q1-949039
