TechCanary, a provider of a cloud-based, analytics-driven insurance solution, has incorporated in Canada as TechCanary Insurance Software of Canada and has established a Canadian headquarters office.

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Image: Insurtech company TechCanary establishes Canadian headquarters. Photo: courtesy of Glenn Carstens-Peters/Unsplash.

The company’s rapidly growing Canadian market share and expanding client base are key reasons for the incorporation.

TechCanary’s new Chief Revenue Officer, Saima Shaukat and Chief Technology Officer, Pat Forgione will reside in the Canada office and are currently building an expanded Canada-based team dedicated to support existing clients and engage new clients in the region.

TechCanary CEO and co-founder Reid Holzworth said: “Our TechCanary platform and value proposition have really resonated with the Canadian market, resulting in an overwhelming demand for our broker management system and related services.”

“While there are a lot of similarities between the U.S. and Canadian markets, we also recognize that Canadian brokers, and carriers have their own unique needs. We are focused on expansion in Canada and the Canadian HQ is proof of our commitment with a team of talented professionals who bring expertise in the nuances of the Canadian insurance market.”

Source: Company Press Release