Intact and Jiffy to expand access to home
maintenance services across Canada
TORONTO, Nov. 14,
2024 /CNW/ - Intact Financial Corporation (TSX: IFC)
is pleased to announce that it has acquired Jiffy Inc. (Jiffy),
Canada's No. 1 home maintenance
app. Through this acquisition, Jiffy will have the platform and
capabilities to accelerate expansion of its services across more
Canadian jurisdictions while supporting Intact's goals of engaging
three out of four Canadian customers digitally and providing a
second-to-none customer experience.
"At Intact, we invest in products and exceptional brands that
directly support the evolution of customer needs. Through our
partnership with Jiffy, we look forward to expanding their service
offering to more customers, and geographies, connecting their
network of certified professionals to more jobs," said Imen Zitouni, Senior Vice President & Chief
Marketing Officer, Intact Financial Corporation.
Jiffy is an app-based service that connects homeowners with
local service professionals to provide various home maintenance
tasks such as plumbing, exterior repairs, appliance repair,
electrical work and furniture assembly. Designed with the user in
mind, Jiffy focuses on making home maintenance simpler and more
accessible for everyone.
"Intact is the perfect partner to help Jiffy deliver the most
accessible and reliable home maintenance solutions for homeowners,
as well as providing the best tools for home service providers to
expand their businesses to more Canadians," said Paul Arlin, co-founder of Jiffy.
To date, Jiffy certified pros have completed over 450,000 jobs
and have maintained a median response time of less than five
minutes and a 96 per cent five-star
rating from customers. Founded in 2015, Jiffy has grown steadily
since its launch with operations in the Greater Toronto Area, Ottawa and Calgary in Canada.
This partnership also supports Intact's ongoing efforts to build
climate resilient communities and help Canadians reduce the risks
associated with extreme weather events. The Jiffy app connects
homeowners with skilled professionals for essential home
maintenance, such as cleaning eavestroughs, sump pump
installations, and roof repairs.
"Jiffy's solution for homeowners and home service professionals
is the next step in delivering on Intact's purpose to help people,
businesses, and society prosper in good times and be resilient in
bad times," added Ryan Shupak,
co-founder of Jiffy.
All of Jiffy's team members, including co-founders Ryan Shupak and Paul
Arlin, have joined Intact Financial Corporation and will
continue to operate under the Jiffy brand.
About Intact Financial Corporation
Intact Financial Corporation (TSX: IFC) is the largest provider
of property and casualty (P&C) insurance in Canada, a leading provider of global specialty
insurance, and, with RSA, a leader in the U.K. and Ireland. Intact has grown organically and
through acquisitions to over $22 billion of total annual
premiums.
In Canada, Intact distributes
insurance under the Intact Insurance brand through agencies and a
wide network of brokers, including its wholly owned subsidiary
BrokerLink. Through belairdirect, Intact distributes directly to
consumers. Intact also provides affinity insurance solutions
through affinity groups, travel insurance, as well as exclusive and
tailored offerings through Intact Prestige.
In the U.S., Intact Insurance Specialty Solutions provides a
range of specialty insurance products and services through
independent agencies, regional and national brokers, and
wholesalers and managing general agencies.
In the U.K., Ireland, and
Europe, Intact provides personal,
commercial and/or specialty insurance solutions through the RSA,
NIG and FarmWeb brands.
SOURCE Intact Financial Corporation