{"id":20224,"date":"2020-11-16T14:49:28","date_gmt":"2020-11-16T19:49:28","guid":{"rendered":"https:\/\/www.insurance-canada.ca\/?p=68893"},"modified":"2020-11-16T14:49:28","modified_gmt":"2020-11-16T19:49:28","slug":"sonnet-insurance-grows-group-insurance-offering-through-partnership-with-bms-canada-risk-services-bms","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2020\/11\/16\/sonnet-insurance-grows-group-insurance-offering-through-partnership-with-bms-canada-risk-services-bms\/","title":{"rendered":"Sonnet Insurance grows Group Insurance offering through partnership with BMS Canada Risk Services (BMS)"},"content":{"rendered":"<h3>Fully online insurer expands simplified insurance experience for professional association members from coast to coast<\/h3>\n<p>Toronto, ON (Nov. 16, 2020) \u2013 Sonnet Insurance and specialist commercial insurance broker BMS have come together to offer a one-stop shop approach to home and auto and liability insurance. This relationship marks Sonnet\u2019s entry into the professional association Group Insurance space, complementing the market-leading industry expertise BMS currently delivers to over 100 Canadian associations. As the first association to benefit from this partnership, Canadian Association of Social Workers (CASW) members and their families will now receive a discounted rate on car and home insurance when they use Sonnet\u2019s entirely digital experience, customized in as little as five minutes.<\/p>\n<h4>Group Insurance as part of an integrated financial wellness solution for members<\/h4>\n<p>This relationship is the latest in Sonnet\u2019s continuously growing roster of member organizations and companies providing a simple, 100 per cent digital platform for their home and auto insurance needs. Home and car insurance are meaningful parts of a healthy financial wellness portfolio, bringing peace of mind by protecting people from the unexpected. Individuals who identify as financially stressed take 75 per cent more absent days,<sup class=\"supscript\">[<a href=\"https:\/\/www.insurance-canada.ca\/2020\/11\/16\/sonnet-partnership-bms-group-risk-services\/#notes\">1<\/a>]<\/sup> are five times more likely to be distracted at work,<sup class=\"supscript\">[<a href=\"https:\/\/www.insurance-canada.ca\/2020\/11\/16\/sonnet-partnership-bms-group-risk-services\/#notes\">2<\/a>]<\/sup> and nearly half will spend more than three hours per week dealing with financial issues.<sup class=\"supscript\">[<a href=\"https:\/\/www.insurance-canada.ca\/2020\/11\/16\/sonnet-partnership-bms-group-risk-services\/#notes\">3<\/a>]<\/sup><\/p>\n<p>In partnering with Sonnet, members can access <a href=\"https:\/\/www.newswire.ca\/news-releases\/sonnet-insurance-partners-with-like-minded-brands-to-simplify-life-for-canadians-through-sonnet-connect-838718588.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><strong>Sonnet Connect<\/strong><\/a>, a network of like-minded brands whose special offers, discounts, and trusted advice across financial services further help to contribute to financial wellness.<\/p>\n<p>\u201cSonnet is committed to changing insurance for the better for professionals who, now more than ever, are focused on their clients, their practice, and their families,\u201d said Eric Marion, VP, Group Insurance at Sonnet. \u201cBy teaming up with a global commercial broker like BMS, we\u2019re providing professional association members with a totally digital, first-to-market offering that meets both their personal and commercial insurance needs.\u201d<\/p>\n<p>\u201cAs Canada\u2019s largest partner to associations in providing commercial and professional liability insurance programs, we have been committed to delivering superior service including through our tailored quote and bind platform for almost a decade. We are excited to extend our consumer digital experience by forming a strategic partnership with Sonnet to offer personal insurance products that delivers continuity to our technology and additional value across our client segments,\u201d said Brian Gomes, President and CEO, BMS Canada Risk Services Ltd. and Head of BMS Global Affinity.<\/p>\n<h4>Notes<\/h4>\n<p>1. Access Perks \u2013 Wellness Trends 2019.<\/p>\n<p>2. Government of Canada \u2013 Why Your Employees\u2019 Financial Well-Being Matters.<\/p>\n<p>3. Willis Towers Watson \u2013 Employee Financial Well-Being.<\/p>\n<h4 class=\"smallhead\"><b>About Sonnet<\/b><\/h4>\n<p>Launched in 2016, Sonnet Insurance Company (Sonnet) is a federally regulated insurance company. Our mission is to provide Canadians with an easy, transparent, and customized way to buy home and auto insurance online. Experience the future of insurance at <a href=\"https:\/\/sonnet.ca\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Sonnet.ca<\/a>.<\/p>\n<h4 class=\"smallhead\"><b>About BMS<\/b><\/h4>\n<p>BMS Group is a dynamic global broker that provides specialist insurance, reinsurance and capital markets advisory services. BMS Affinity delivers progressive member insurance programs, risk management services and industry expertise to 600,000 professionals and small businesses through 100+ Associations and Member-Driven Organizations across Canada, Europe, Australia and New Zealand. For more information, visit <a href=\"https:\/\/www.bmsgroup.com\/Canada\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">www.bmsgroup.com\/Canada<\/a>.<\/p>\n<p class=\"referencetext\"><i>SOURCE: Sonnet Insurance Company<\/i><\/p>\n<p> Tags: <a href=\"https:\/\/www.insurance-canada.ca\/tag\/partnership\/\" rel=\"tag\">partnership<\/a>, <a href=\"https:\/\/www.insurance-canada.ca\/tag\/sonnet\/\" rel=\"tag\">Sonnet<\/a><br \/>\n<a href=\"https:\/\/www.insurance-canada.ca\/2020\/11\/16\/sonnet-partnership-bms-group-risk-services\/\">Read the original article at Insurance-Canada.ca <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fully online insurer expands simplified insurance experience for professional association members from coast to coast Toronto, ON (Nov. 16, 2020) \u2013 Sonnet Insurance and specialist commercial insurance broker BMS have come together to offer&#46;&#46;&#46;<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/20224"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=20224"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/20224\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=20224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=20224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=20224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}