Zensurance

Zensurance in its sale of a majority stake to The Travelers Companies, Inc.

Client

Zensurance

Value

-

Service

Emerging and High Growth Companies

Date Closed

August 2018

Industry

Venture Capital

Lead Office

Toronto


On August 15, 2018, The Travelers Companies, Inc. acquired a majority stake in Zensurance through a wholly-owned subsidiary.

Pairing with Travelers would provide an opportunity to gain more insight into the insurance industry and build up Zensurance’s technology. It will also provide Zensurance with the expertise on accessing and evaluating European, Canadian and American data to make its pricing more accurate and signing insurance contracts more accessible.

Zensurance is a Toronto-based company that allows companies to access pricing on available business insurance packages and pre-authorize payments. For unavailable insurance packages, the company has a built-in dashboard to check on the status of applications.

Osler, Hoskin & Harcourt LLP represented Zensurance with a team consisting of Chad Bayne, Justin Dharamdial and Arielle Kaplan (Corporate) and Allison Di Cesare (Employment and Labour) and Dov Begun (Taxation).


Team
Chad Bayne
Key Contact

Chad Bayne

Partner, Corporate

Justin Dharamdial

Justin Dharamdial

Associate, Corporate

Arielle Kaplan

Arielle Kaplan

Associate, Corporate

Allison Di Cesare

Allison Di Cesare

Associate, Employment & Labour

Dov  Begun

Dov Begun

Partner, Taxation