DLC Group Partners with Sonnet Insurance to Integrate Home and Auto Coverage into Mortgage Platform

Dominion Lending Centres Inc. (DLC Group), a leading Canadian franchisor of mortgage professionals, has formed a referral partnership with Sonnet Insurance Company to promote Sonnet's home and auto insurance products exclusively within its network. This collaboration aims to integrate Sonnet's insurance offerings into DLC Group's Velocity mortgage application platform, simplifying the insurance verification process required for mortgage approval. The integration will facilitate a streamlined experience for homebuyers by enabling access to insurance quotes and binding through Velocity, potentially via an embedded API in the future. Sonnet, part of the Definity family, is a federally regulated national insurer known for its digital-first approach, providing customers with easy online applications and licensed agent support across Canada. This partnership reflects a trend toward creating comprehensive mortgage ecosystems that combine lending and insurance services for customer convenience and regulatory compliance. DLC Group operates more than 8,900 mortgage professionals and over 500 franchises nationwide, emphasizing technology-driven solutions to enhance borrower and lender experiences. The alliance may influence the Canadian mortgage and insurance landscape by demonstrating the benefits of integrated platforms, potentially setting a model for similar collaborations in the industry.