Roamly, an insurtech company owned by Outdoorsy Group, has launched in Canada through the purchase of Canadian Access.
The company also established its Toronto headquarters and named Richard Sanders as president.
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In addition, it formed an enterprise tie-up with Aviva to enhance its presence in the Canadian insurance sector.
Sanders said: “Our significant growth in Canada, combined with the acquisition of Canadian Access, makes this the right time to establish a headquarters in Toronto. This move allows us to better serve our customers and deepen our relationships with Canadian insurance partners.”
“With the acquisition of Canadian Access, we can bring our technology to the Canadian insurance ecosystem, offering both our enterprise partners and everyday consumers a seamless, digital-first insurance experience.”
Canadian Access president Adam Beach stated: “We are excited to join the Roamly team and support their vision of modernising insurance for Canadians. Roamly’s technology platform will allow us to better serve consumers and insurance companies, giving them access to faster and more efficient insurance solutions.”
Roamly Enterprise is a software platform designed to simplify underwriting, pricing, and policy management for insurance companies.
Its AI-powered capabilities process more than 200 terabytes of actuarial data daily, allowing partners make underwriting decisions, the company release said.
Roamly will focus on developing insurance products for home, auto, specialty insurance, and mobility marketplaces, including carsharing and RV rentals for Canadian consumers.
In January 2025, Roamly expanded its reinsurance alliances with Apollo, ICW, Ladder Re, SiriusPoint, Spinnaker, and Vantage.
Roamly Insurance Group specialises in RV insurance and offers digital products, removing the commercial exclusion clause that restrict online rental activity.
