MAGRATH, Alberta, Sept. 15, 2016 /PRNewswire/ -- Canadian Business and PROFIT today ranked Surex Direct no. 30 on the Startup 50 list of Canada's Top New Growth Companies. Published in the October issue of Canadian Business and at PROFITguide.com, the Startup 50 ranks young Canadian businesses on the basis of their percentage two-year revenue growth.
''Our goal was – and still is – to revolutionize the insurance industry in Canada by offering a superior way to get quotes and purchase affordable insurance online," Lance Miller, CEO & Co-founder of Surex Direct, said. ''We are continually dedicated to developing our technology and growing our business."
Since its inception in 2012, Surex Direct has grown to boast a book of business of over 20,000 active policies, accounting for $30 million in insurance premiums annually. In the past two years, Surex Direct - Canada's fastest growing online insurance brokerage – has seen their revenue grow by 300%. Currently offering insurance in five provinces and two territories, Surex Direct will be expanding to include Canada's largest market, Ontario, in the coming months.
''These young companies promise to transform Canada's economy through innovation and determination," James Cowan, Editor-in-chief of PROFIT and Canadian Business, said. ''Their stories of success are truly inspiring.''
''How we've been able to gain such traction and growth in a competitive, yet traditional, market is something we take great pride in," Matthew Alston, COO & Co-founder of Surex Direct, said. ''We are honoured to be recognized as one of Canada's Top New Growth Companies, but this is only scratching the surface of what we envision becoming, in the next few years and beyond.''
About PROFIT and PROFITguide.com
PROFIT: Your Guide to Business Success is Canada's preeminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. For 34 years, Canadian entrepreneurs, across a vast array of economic sectors, have remained loyal to PROFIT because it's a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at PROFITguide.com.
About Canadian Business
Founded in 1928, Canadian Business is the longest-serving, best-selling and most-trusted business publication in the country. With a total brand readership of more than 1.1 million, it is the country's premier media brand for executives and senior business leaders. It fuels the success of Canada's business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics.
About Surex Direct
Surex Direct is a Canada-wide insurance brokerage. Innovative, modern-day experience allows customers to get up to 10 insurance quotes in five minutes. The 100% transparent pricing model shows customers exactly what each company's price is, allowing the customer to choose the policy and price that best matches their needs. Industry-leading technology allows customers to sign their documents online through e-signature and print pink cards (proof of insurance) at home.
For insurance information and quotes, visit SurexDirect.com, call 1-855-MYSUREX (1-855-697-8739), 'Like' us on Facebook or Tweet us @surexdirect.
SOURCE Surex Direct