Copart Canada and Promutuel Insurance Renew Contract

Copart Canada and Promutuel Insurance Renew Contract

Canada NewsWire

MONTREAL, Dec. 24, 2019 /CNW/ -- Copart, Inc. (NASDAQ: CPRT), a global vehicle auction company, is proud to announce the renewal of their contract with Promutuel Insurance. Headquartered in Quebec, Promutuel Insurance provides insurance across the provinces of Quebec and New Brunswick. This renewal was signed at Copart Canada's 2019 Client Advisory Board.

Copart, Inc., a global online vehicle auction company

"We are extremely pleased to renew our partnership with Promutuel Insurance," said Managing Director of Copart Canada Steve Macaluso. "We look forward to growing both of our businesses."  

Promutuel is leveraging Copart's Ready for Guidewire accelerator, which reduces the integration effort with Guidewire ClaimCenter™ significantly.  Copart's accelerator, available on the Guidewire Marketplace, creates efficiencies for both organizations by allowing seamless, integrated access and updates related to vehicles.

With this agreement, Promutuel will continue to benefit from Copart's global buyer base and national footprint, while buyers will continue to take advantage of the insurance company's inventory. Copart's auction platform allows global buyers to participate in live online auctions from their homes or offices. Similarly, the Copart Mobile App provides buyers with a convenient way to participate on the go, and stay connected with live online auctions.

Copart Canada operates in Edmonton, Calgary, Toronto, London, Montreal, Moncton and Halifax. For more information, visit Copart.ca or contact any Copart Canada location.

ABOUT COPART CANADA

Copart first entered the Canadian market in 2003 with the opening of its Toronto, Ontario location. Since then, it has seen tremendous growth, including the opening of five additional locations, offering extensive coverage of the Canadian market. With the introduction of French language options on the Copart.com website and the launch of Canada's unique website, Copart.ca, Copart Canada continues to expand its reach to better serve its Canadian buyers and sellers.

ABOUT COPART

Copart, Inc., founded in 1982, is a global leader in online vehicle auctions. Copart's innovative technology and online auction platform links sellers to more than 750,000 Members in over 170 countries. The company offers services to process and sell salvage and clean title vehicles to dealers, dismantlers, rebuilders, exporters and, in some cases, to end users. Copart sells vehicles on behalf of insurance companies, banks, finance companies, charities, fleet operators, dealers, and individual owners. With operations at over 200 locations in 11 countries, Copart has more than 125,000 vehicles available online every day. Copart currently operates in the United States (Copart.com), Canada (Copart.ca), the United Kingdom (Copart.co.uk), the Republic of Ireland (Copart.ie), Brazil (Copart.com.br), Germany (Copart.de), the United Arab Emirates, Oman and Bahrain (Copartmea.com), Spain (Copart.es), and Finland (Copart.fi). For more information, or to become a Member, visit Copart.com/register. Join the conversation and follow Copart on Facebook.

Contact:

Jessica Frederick, Marketing and Communications Specialist, Copart
[email protected] | 905-232-2653

 

SOURCE Copart, Inc.

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