Tri-State Consumer Insurance Signs Agreement With ebix.com
20 January 2000
Tri-State Consumer Insurance Company Signs Agreement With ebix.com to Provide Quotes On Auto Insurance
ATLANTA--Jan. 20, 2000--ebix.com Inc. today announced that Tri-State Consumer Insurance Co. will offer quotes for automotive insurance on www.ebix.com, the world's first comprehensive insurance portal. Through ebix.com, qualified consumers in New York will now be able to receive quotes online from Tri-State Consumer."Tri-State is a technologically savvy direct carrier, who has a well earned reputation for being extremely aggressive and yet professional and customer friendly. ebix.com is committed to offering consumers a non-aligned marketplace where they can get a variety of competitive quotes from reputable names in the industry, and this agreement is another step in that direction," said Robin Raina, President and CEO, ebix.com Inc. "The relationship between ebix.com and Tri-State also demonstrates both companies' commitment to bringing the insurance industry online, a process ebix.com has been spearheading since its launch in September 1999."
"ebix.com, with its unique market-making model that puts the consumer in the driver's seat, is emerging as a lead contender in the online insurance marketplace," said Penny Hart, President, Tri-State Consumer Insurance Co. "Our alliance with ebix.com provides an effective way for Tri-State Consumer to reach out to a wider section of the consumer base through ebix and its affiliate network of partners. Additionally, it provides us another tool to showcase our competitive products and high quality service to the marketplace."
About Tri-State Consumer Insurance Company:
Tri-State Consumer Insurance Co. is a direct writing insurance company offering automobile and homeowner insurance products in the state of New York. A.M. Best, the leading insurance ratings organization, rates the company as `A' (excellent). Tri-State offers competitive rates and high quality service to its customer base through its professional customer service and a state of the art web site, http://www.tscinsurance.com.
About ebix.com:
ebix.com, an HP Enabled E-Service which ebix.com Inc. launched on September 8, 1999, is the only site on the Web to meet the insurance needs of both the consumer and the insurance professional. ebix.com includes a virtual marketplace, ebix.mall, where consumers can define their policy coverages and seek competitive quotes from a number of carriers or agents/brokers in a timeframe defined by the consumer. This allows consumers to compare prices in a non-threatening environment and buy insurance online if they so desire.
ebix.com also incorporates powerful and secure business tools for agents/brokers, including the workflow and management engine ebix.link. ebix.link is currently being piloted by a number of leading carriers and agents in the United States and Mexico, drawing from ebix.com Inc.'s strong business relationships with six of the ten largest insurance agencies in the world and over 3,000 agencies in the United States. This workflow engine, launched in January, can save insurance professionals up to 70 percent in time, energy and costs associated with processing day-to-day transactions.
About ebix.com Inc.:
Founded in 1976, ebix.com Inc. - formerly known as Delphi Information Systems, Inc. - is a leading international supplier of software and Internet solutions to the property & casualty insurance industry. The recent name change to ebix.com Inc. aligns the identity of the company with its strategic focus of using the Internet to enhance the way insurance business is transacted, through solutions that encompass both e-commerce and web-enabled agency management systems. An independent provider, ebix.com Inc. employs hundreds of insurance and technology professionals who provide products, support and consultancy to over 3,000 customers on six continents. ebix.com Inc. is the only insurance software provider that offers agency/broker management systems created by insurance professionals to serve the unique needs of each insurance segment around the world. ebix.com Inc.'s agency management products feature fully customizable and scaleable software designed to improve the way insurance professionals manage all aspects of insurance distribution, including: marketing, sales, service, accounting and management.
For more information on ebix.com Inc. products and services, call 678-281-2020 or visit the ebix.com Inc. web site at www.ebix.com.
