Sonnet Insurance Company Revenue and Competitors

Toronto, ON CAN

Location

N/A

Total Funding

Insurance

Industry

Estimated Revenue & Valuation

  • Sonnet Insurance Company's estimated annual revenue is currently $60M per year.(i)
  • Sonnet Insurance Company's estimated revenue per employee is $242,000

Employee Data

  • Sonnet Insurance Company has 248 Employees.(i)
  • Sonnet Insurance Company grew their employee count by -4% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$379.4M204123%$868M$3.5B
Add Company

Hello, were Sonnet. A new, fully-online insurance company inspired by the power of optimism. Sonnet Insurance Company 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. Using sophisticated analytics, modern technology, and deep consumer insights, we offer a simplified quoting and buying process for home and auto insurance. After answering a few simple questions, Sonnet customers receive a personalized quote and can purchase their policy online anytime, on any device. With helpful tips, plain-language policies and the ability to change coverage anytime, the entire Sonnet experience makes buying and owning insurance easier than ever. Experience the future of insurance at Sonnet.ca.

keywords:N/A

N/A

Total Funding

248

Number of Employees

$60M

Revenue (est)

-4%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Sonnet Insurance Company News

2022-04-06 - DEFINITY TAPS GOOGLE CLOUD TO POWER INSURANCE ...

Launched in 2016, Sonnet is Canada's first coast-to-coast fully online home and auto insurance company, while Vyne and Vyne Commercial...

2022-03-30 - Definity's ESG head on the insurer's quest to "build a better ...

Definity Financial Corporation – the parent company of Economical Insurance, Sonnet Insurance, Petline Insurance, and Family Insurance...

2022-03-22 - Economical Insurance Selects Solera to Simplify Claims ...

WESTLAKE, Texas and TORONTO, March 30, 2022 /PRNewswire/ -- Solera Holdings, Inc. ("Solera"), the global leader in vehicle lifecycle management,...

2019-09-12 - New Brunswick's auto insurance rates could see double-digit ...

Sonnet – the insurance brand owned by Economical Insurance which ... for by any insurance company in the province over the last three years.

2019-09-07 - Be warned: New Brunswick auto insurance rates are set to soar in 2020

Sonnet is owned by Economical Insurance which covers nearly 55,000 ... the same period and insurance companies say the large increase in ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$68.2M24824%N/A
#2
$74.3M250N/AN/A
#3
$80.1M25119%N/A
#4
$28.2M25147%N/A
#5
$41.4M25117%N/A

Sonnet Insurance Company Executives


NameTitle
Marcus LepkowskiAVP, Digital Solutions at Sonnet Insurance Company
Brian LongVice President Marketing
Mark FujitaVP Business Development
Eric MarionVP, Group Insurance
Tracy MacLeanAssistant Vice President, Digital Customer Care
John McKechnieAVP, Business Insights and Planning
Sudipa SarkarExecutive Assistant to SVP/Office Manager
Carolyn BeattyVP, Customer Experience
Holly MacdonaldAVP Operations, Sonnet Insurance