KTX Insurance Brokers to Offer ASCII Canada Members Group Commercial Insurance through Kanetix.ca

Members of ASCII Canada are now eligible for a highly competitive commercial insurance package

TORONTO, March 26, 2013 /CNW/ - KTX Insurance Brokers announced today that the company will be the group insurance provider for ASCII Canada, part of The ASCII Group, one of the largest independent information technology associations with more than 2000 members and partners worldwide.

"KTX is excited to be the group insurance provider for ASCII Canada.  Our shared passion for technology is a great foundation for our new relationship," said Sean Graham, Principal Broker at KTX Insurance Brokers.

As one of the top technology insurance offerings for IT industry professionals, KTX has worked closely with ASCII Canada to create a group membership program that offers great coverage options at a low premium to entice members to carry Technology Errors & Omissions (E&O) and Commercial General Liability (CGL) coverage.

By acquiring Errors and Omissions coverage, members would be protected from intellectual property infringement, security breach, privacy breach, data personal injury, and much more. The Commercial General Liability coverage on the other hand, would protect members against bodily injury and property damage, advertising injury, additional insured such as independent contractors, and non-owned automobile liability.

"We are excited about our new partnership with KTX Insurance Brokers and Kanetix.ca. We believe it is vital for every one of our members to maintain business insurance, especially as more of their clients require it," said Doug Young, COO and Senior Vice President of The ASCII Group. "The program that KTX Insurance Brokers is offering the ASCII membership, along with their industry experience, makes them a natural fit for us and we look forward to a long-term partnership."

The unique commercial insurance package is available to all Canadian ASCII members with less than $350,000 in annual revenues. If the member's annual revenue is higher than $350,000, these members still have the benefit of going through KTX Insurance Brokers since they get a discount on standard IT insurance products of up to 15 per cent.

How can ASCII Canada members get IT insurance? The ASCII Canada members have two options to get Technology Insurance for IT industry professionals:

Online Application: Members can simply click www.kanetix.ca/ascii-canada-commercial-quotes to fill out the application form online. Once the online form has been submitted, users are assigned a Quote Reference Number and a KTX Insurance Broker will follow up with the member by phone.

Offline Application: Members can call the KTX Insurance Brokers directly at 1-866-456-6620 ext. 364, provide their ASCII membership number and get a group membership quote.

About ASCII Canada

The ASCII Group is a vibrant reseller community of solution providers. ASCII has over 70 programs that provide turnkey cost-cutting strategies, innovative business building programs, and extensive peer interaction. ASCII's 3,000 worldwide members enjoy benefits such as group purchasing power with distributors, manufacturers, managed service providers, and insurance providers; increased leverage in the marketplace; and multiple networking opportunities. These programs enable ASCII members to increase revenue, lower operating costs, and grow service opportunities. www.ascii.com

About KTX Insurance Brokers®

Founded in 2002, KTX Insurance Brokers is an innovative brokerage that cultivated its customer base with thousands of policyholders using an innovative online business model. Working with many of Canada's top insurance providers, KTX prides itself on offering customers professional, reliable and personalized service while providing competitive pricing and choices for all of their insurance needs.

About Kanetix®
Launched in October 1999, Kanetix was Canada's first online insurance marketplace and today provides over a million quotes per year to consumers looking for insurance, as well as comparisons for mortgage rates and credit cards.

The Kanetix comparison service is a one-stop shopping environment for consumers. Each day, thousands visit the Kanetix website at www.kanetix.ca to comparison shop their various financial needs. Shoppers choose what they want to compare, obtain a quotation and complete an online application or, with the help of Kanetix connect with the provider to purchase or apply for the product over the phone.

Through its Software as a Service team, Kanetix is also the leading provider of online insurance quotation technology, developing online quotation systems, mobile solutions, actuarial tools and websites for many of Canada's largest insurance brands.

SOURCE: Kanetix