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Insure.com Now Offers RiderPoint Motorcycle Insurance on Interactive Web Site

26 May 2000

Insure.com Now Offers RiderPoint Motorcycle Insurance on Interactive Web Site

    HARTFORD, Conn.--May 26, 2000--Insure.com, http://www.insure.com announced today that it has partnered with RiderPoint, www.riderpoint.com, a Connecticut based company, which provides real time, online specialty insurance. Insure.com will now offer its users access to RiderPoint's instant comparative quoting and online binding for motorcycle insurance.
    RiderPoint is available to offer motorcycle quotes in 26 states and plans to expand their offerings to 35 states by the end of the second quarter. The company works in conjunction with 12 major carriers to deliver the best rates available on motorcycle coverage.
    "Insure.com will provide RiderPoint.com with a significant amount of traffic from consumers who are shopping for motorcycle insurance," said Craig Gironda, President of RiderPoint. "RiderPoint provides customers with the ability to comparatively shop for and bind motorcycle insurance coverage online. Our comparative rating technology provides rate quotes within seconds, greatly reducing the time and effort traditionally associated with buying motorcycle insurance."

About RiderPoint, Inc.

    RiderPoint, Inc. is an affiliate of eLEC Communications Corp. , which owns approximately 27% of RiderPoint, and designed and developed their interactive Web site. For more on eLEC, visit their website at www.elec.net. RiderPoint specializes in the development of comparative rating insurance software and sells insurance through its wholly owned subsidiary, RP Insurance Agency, Inc. The Company provides fully integrated insurance solutions for carriers, agents, dealers and consumers through its innovative integration of the insurance process with Internet technology.

About insure.com

    Insure.com is the leading provider of consumer insurance information, with original news and editorial content. Insure.com produces extensive reports about auto, business, health, home, and life insurance, plus annuities. The site's interactive tool set includes an Insurance Company Guide, Insurance Company Complaint Finder, Morningstar Variable Annuity Performance Tool, Car Crash Performance Tool and comparative insurance rate guides by state.

    This release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from the results discussed in the forward-looking statements. Factors that might cause such a difference include, among others, availability of management; availability, terms, and deployment of capital; the ability to successfully market services to current and new customers and generate customer demand for product and services in the geographical areas in which it can operate; as well as regulatory, legislative and judicial developments that could cause actual results to vary in such forward-looking statements This communication appears as a matter of information only and is not an insurance solicitation. Accordingly, no employee of eLEC Communications Corp, RiderPoint, Inc. or RP Insurance Agency, Inc. is recommending or endorsing any specific insurance company, coverage or policy type within this communication. Insurance companies appear at www.riderpoint.com for purely informational purposes and pay commissions or fees based upon premium volume or traffic activity produced by www.riderpoint.com. RP Insurance Agency, Inc. is an agent for all insurers shown at www.riderpoint.com. Quote availability by state of residence or any other factor is subject to change without notice.