Quebec’s failed auto insurance digital shift could cost $500M, inquiry hears

Commissioner Denis Gallant must shed light on the failure of the digital shift at the SAAQ, which cost $500 million more than expected.

At a pace worthy of MotoGP has established the Italian Premium Insurance in Spain. Before facing its third year of natural life in this market, the 'insurtech' presumed in 2024 to have tripled its size to reach 20 million euros in premiums subscribed for automobiles. Now, its plans point towards 44 million by 2025 and intends to do so without more secrets than replicating the business model that has consolidated it as one of the main players of …

Quebec’s failed SAAQclic project could cost $500M, inquiry hears - Montreal

Alain Fortin, Quebec's interim auditor general, testified that cost overruns the SAAQclic project will come in at $1.1 billion by 2027, nearly $500 million overbudget.

Quebec's failed auto insurance digital shift could cost $500M, inquiry hears

MONTREAL — A public inquiry examining a failed digital shift by Quebec's automobile insurance board heard Monday it could end up costing the province nearly half a billion dollars more than initially planned.

Quebec’s Failed Auto Insurance Digital Shift Could Cost $500M, Inquiry Hears

A public inquiry examining a failed digital shift by Quebec’s automobile insurance board heard Monday it could end up costing the province nearly half a billion dollars more than initially planned. Alain Fortin, Quebec’s interim auditor general, testified that cost overruns could mean the final tally for the so-called SAAQclic project will come in at $1.1 billion by 2027, nearly $500 million more than was budgeted. The project was expected to co…

Quebec’s failed auto insurance digital shift could cost $500M, inquiry hears

MONTREAL - A public inquiry examining a digital shift by Quebec's automobile insurance board is hearing it could end up costing the province nearly half-a-billion dollars, more than initially planned.