iA Financial Group partners with Clutch

On July 5, 2024, iA Financial Group announced its C$10 million investment in Clutch Technologies Inc. ("Clutch"), one of Canada's largest online retailers of pre-owned vehicles.

This investment enables iA Financial Group to develop its expertise in selling products on an entirely online basis and Clutch customers will enjoy a simple and complete experience in a single online transaction, from purchasing a vehicle to selecting certain types of coverage.

Further information can be found on Canada Newswire’s website.

Clutch is a software company that provides a platform for automotive dealerships and other vehicle-related companies to offer subscription services to customers.

iA Financial Group is one of the largest insurance and wealth management groups in Canada, with operations in the United States.