The Complainant is a US organization providing insurance services in Canada through licensed agents for several decades using the VFIS mark (registered in Canada as early as 1994, long before the disputed domain names were registered in 2015). The Registrant used the domain name to forward users to its website, providentbenefits.ca, offering competing insurance products.
The Panel found that the Domain Name was registered in bad faith because the Registrant is a competitor of the Complainant, and the website is likely leading to further financial loss to the Complainant.
You can read the decision here
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