InsurQuote to Deliver Esurance Rating Information to Web Portals
1 February 2000
InsurQuote to Deliver Esurance Rating Information to Web Portals; InsurQuote and Esurance Team to Allow Consumers to Buy Auto Insurance Online
PROVO, Utah and SAN FRANCISCO--Feb. 1, 2000-- InsurQuote Systems Inc., the leading provider of integrated insurance rating solutions, and Esurance Inc., the premier national provider of personal insurance online, today announced plans for InsurQuote to supply its NetSync technology services to Esurance.Under this agreement, InsurQuote will include Esurance's rating information in its Internet rating product, which many leading portals such as Quicken Insurance, Insure.com and Autobytel.com use to display comparative insurance quotes. This allows Esurance to reach a much broader audience with its insurance offerings in a cost-effective manner. After a consumer selects Esurance on an Internet portal, their information will be transferred to the Esurance site (www.esurance.com) where the policy can be purchased online.
InsurQuote's NetSync is a total e-commerce solution, which enables insurance carriers to efficiently market their products through the top existing insurance Web sites.
"Esurance is the first truly national online insurance provider selling auto policies to consumers," said Esurance founder and CEO, Jean-Bernard Duler. "The benefits of working with InsurQuote are substantial because of the solid relationships they have built with leading web sites."
Esurance has created an Internet resource, which provides the information and coverage options for consumers to make more informed purchase decisions, get an insurance quote, and purchase a policy online. Simplifying the purchase process while providing personalized, high-quality coverage will clearly differentiate Esurance from the insurance quoting and referral services available online, as well as from the traditional insurance providers.
"Esurance has set its sights on revolutionizing the insurance industry by creating an easier way for consumers to buy insurance," said Bill Woahn, InsurQuote president. "We can assist in achieving that goal by helping them get their products to market as quickly as possible."
"In the Internet world, the biggest challenge is making sure information about your product is available where consumers are shopping," added Woahn. "There's no doubt that the majority of online insurance shoppers are using sites where InsurQuote is providing rating information."
About Esurance
Esurance is the pioneer in the online insurance revolution, providing today's consumers with the information and coverage options to better protect their personal assets. Esurance has created an Internet resource that enables consumers to easily personalize, purchase, and modify their insurance coverage online in just minutes. Esurance is the first company to build an e-commerce insurance offering that is national in scope, integrating the stability and support of world class insurance and reinsurance companies with the anywhere, anytime convenience and economic benefit of the Internet. For more information, please visit our website at www.esurance.com or call us at 415/401-1200.
About InsurQuote
InsurQuote Systems Inc. is the leading provider of integrated insurance rating solutions to the agency, company and consumer markets. These solutions utilize InsurQuote's sophisticated comparative rating engine that enables the comparison of multiple carriers for auto, home and commercial insurance products. In the emerging online insurance shopping environment, InsurQuote leads the way combining a nationwide comparison of auto insurance rates with a complete e-commerce fulfillment solution. Headquartered in Provo, InsurQuote also has offices in Beachwood, Ohio, College Station, Texas and San Francisco. The company services thousands of insurance agencies, companies and consumer organizations nationwide. The InsurQuote Web site is available at www.insurquote.com.