Working with Quantum Lifecycle ensures insurance companies don’t leave money on the table when it comes to disposing of their unwanted IT equipment
Quantum’s suite of secure ITAD services are fully customizable to the needs of their clients
Equipment reuse services like Quantum’s online store, and employee purchase and charitable gift card programs, help insurance clients achieve sustainability goals and express business values
4+ million clients
Founded in 1892, Quebec-based iA Financial Group is one of Canada’s largest insurance and wealth management groups
Quantum began handling iA Financial Group’s IT asset disposal program in January 2017.
Quantum soon decided to leverage several of iA Financial Group’s nationwide locations to roll out a full suite of ITAD services, including, at the client’s request, dedicated runs to pick up and secure the company’s retired assets.
Dedicated runs were important to iA Financial Group because they gave the company an extra level of certainty that their data-bearing devices were being transported as securely as possible.
The Solution in Action
With their new IT disposal solution underway, iA Financial Group was happy to take full advantage of Quantum’s experience and advice where the handling of their equipment and data was concerned.
To that end, where Quantum deems it makes financial sense to keep a computer and its hard drives intact, a secure data wipe is performed on the drive and the client receives an auditable certificate showing their data was verifiably destroyed. For older equipment with no resale value, secure destruction of the client’s hard drives is performed and backed up by a security certificate. In addition to the impressive financial return Quantum’s ITAD services have yielded, there are several value-adds the client appreciates in particular.
Firstly, they can use Quantum’s secure web portal to access live information about their ongoing disposal program, including their data security certificates, detailed inventories of what’s been disposed of, disposal costs, and revenue earned. Not only can they pull reports in multiple formats but they can also use that information for audit purposes and to take discarded equipment off their books.
Secondly, Quantum’s online e-commerce store (QNovum) allows iA Financial Group to offer a much-appreciated employee purchase program. Quantum provides the client with a discount code that can be distributed to staff, and their employees gain access to a wide range of refurbished equipment from Quantum’s IT resale program.
Finally, when it comes to giving back to the community, iA Financial Group appreciates that Quantum’s QNovum gift card program makes it easy to accommodate the many charitable appeals they receive. On request, Quantum applies a portion of the money earned by their client through equipment reuse to a gift card. iA Financial Group can then donate that gift card to the organization they’ve elected to help.
While there are inevitable costs associated with any electronics disposal program, positive net earnings data from Quantum’s partnership with iA Financial Group over the past three years speaks for itself.
Quantum’s ability to reuse 99% of iA Financial Group’s desktops and 94% of their laptops over the same 3-year period makes it an enormous environmental win as well.
While recycling to break down materials that can be used to create new materials is a good option for unwanted IT equipment, reuse through resale is better. Quantum’s reuse services have prolonged the life cycle of their client’s assets that still have fair market value, reducing greenhouse gas emissions in the process.
Quantum provides safe, flexible ITAD solutions and a demonstrated ability to refurbish effectively within their market.