Friday, February 27, 2009

National Bank Insurance Joins the Kanetix Auto Insurance Quote Comparison Service

MONTREAL, QUEBEC--(Marketwire - Feb. 19, 2009) - TSX:NA - National Bank Insurance is pleased to join the Kanetix® auto insurance quote comparison service, available online at www.kanetix.ca. National Bank Insurance products will be identified under the name InnovAssur.

"Kanetix is pleased to add National Bank Insurance to its insurance quote website, the company offers an excellent insurance product in the Quebec market that rewards drivers who have a good driving record," said George Small, Co-founder of Kanetix. "National Bank Insurance is a natural fit for Kanetix as it complements our commitment to help insurance consumers find competitive rates. We're excited about the opportunity to introduce our shoppers to the National Bank Insurance auto insurance offering."

"It's a win-win situation for both Kanetix and National Bank Insurance. The Kanetix auto insurance quote comparison service has become more compelling for Quebec consumers as it offers them even more choices, while National Bank Insurance will have access to the thousands of Quebec consumers who visit Kanetix on a regular basis to comparison shop for their insurance needs," said Danielle Aubin, Vice-President - Operations of National Bank Insurance.

The free Kanetix service offers Quebec drivers an opportunity to compare insurance quotes from a variety of car insurers, including National Bank Insurance. By visiting www.kanetix.ca, users can follow four simple steps and, in just a few minutes, compare multiple insurance quotes in chart format.

About Kanetix

Launched in October 1999, Kanetix is Canada's leading national, online insurance marketplace. The Kanetix shopping service brings consumers and insurance companies together in a one-stop shopping environment. Each day, thousands of consumers visit the Kanetix website to compare insurance quotes from a variety of Canadian insurance companies. Kanetix visitors can select the insurance quote of their choice and where available, choose to complete the application for coverage online or purchase their policy over the phone.

About National Bank of Canada

National Bank of Canada is an integrated group which provides comprehensive financial services to consumers, small and medium-sized enterprises and large corporations in its core market, while offering specialized services to its clients elsewhere in the world. National Bank offers a full array of banking services, including retail, corporate and investment banking. It is an active player on international capital markets and, through its subsidiaries, is involved in securities brokerage, insurance and wealth management as well as mutual fund and retirement plan management. National Bank has close to $129 billion in assets and, together with its subsidiaries, employs 17,146 people. The Bank's securities are listed on the Toronto Stock Exchange (TSX:NA). For more information, visit the Bank's website at www.nbc.ca.

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