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Esurance Offers Auto Insurance On Abilizer Employee Portal

26 July 2000

Abilizer Employee-Members Now Have Easier, Faster Access to Low-Cost Auto Insurance Information and Coverage

    SAN FRANCISCO - Esurance Inc., a quote-to-claims Internet-based provider of personal insurance, today announced that its online auto insurance service is now available on the Abilizer Employee Portal. Employees using the Abilizer Employee Portal now have easier and faster access to low-cost auto insurance information and coverage from their corporate desktop.

    Employees can access the Abilizer Employee Portal from their corporate intranet to get information and expert advice that helps them effectively navigate life's demands at work and at home. For example, employees can manage their personal investments, find childcare, plan a move and buy auto insurance. The Abilizer Employee Portal is available to more than 2 million employee-members at over 70 companies.

    "Esurance and Abilizer share a common goal to make it easier and more convenient for consumers to manage their financial commitments online, which in our case is personal auto insurance," said Jean-Bernard Duler, chairman and CEO of Esurance. "Esurance saves employees using the Abilizer Employee Portal time by streamlining the process of buying and managing auto insurance while offering top-rated insurance at a low rate, which can save them money."

    After completing a short application, employee-members can receive an instant quote from Esurance, compare it against other providers in the same state, purchase their policy and print it to receive immediate proof of insurance. Esurance provides support and planning tools to help users make informed, confident decisions about their policy and allows customers to make policy changes any time with easy-to-use management tools.

    "Abilizer was founded to help companies and their employees meet the challenge of integrating the demands of work and life by providing a solution that leverages the corporate intranet," said Ken Rutsky, vice president of programming at Abilizer Solutions Inc. "As part of Abilizer's finance channel, Esurance joins industry leaders providing content, goods and services that enable employees to efficiently navigate life's demands at work and at home by providing information, expert advice, and services."

    Esurance currently offers auto insurance in 21 states, including Arizona, California, Colorado, Connecticut, Florida, Iowa, Illinois, Indiana, Louisiana, Maryland, Michigan, Missouri, Ohio, Oregon, Minnesota, Pennsylvania, South Carolina, Tennessee, Virginia, Washington and Wisconsin. Esurance is licensed to market policies in 48 states and plans to continue expanding its business to additional states this year.

About Esurance Inc.:

    Esurance Inc. is redefining the insurance experience by creating an easy and time efficient way to buy and manage personal insurance online. The company's unique Internet-based business model reduces the overhead of traditional insurance operations, while still performing the key functions of an insurance provider, including pricing, underwriting and claims handling. This direct Internet model eliminates agent commissions and paper-based processes, creating cost savings, which are passed on to customers in the form of low rates for top-rated insurance policies. Through its online service (www.esurance.com), Esurance offers consumers expert advice, quote comparisons and instant coverage, as well as convenient, 24x7 policy management and superior claims handling. The company was the first Internet-based provider to offer real-time quote capability and fulfillment service to more than half of the nation's driving population. Founded in 1998, Esurance is backed by leading venture capitalists including Redpoint Ventures, Global Retail Partners, Trinity Ventures and 21st Century Internet Venture Partners.

About Abilizer:

    Founded in 1998, Abilizer Solutions Inc., based in San Francisco, provides a platform for transforming the workplace by strengthening the relationship between employee and employer, and enabling employees to effectively navigate their life intentions at work and at home. Abilizer has more than 70 leading companies, representing over 2 million employees, providing the Abilizer Employee Portal to their employee desktops. These companies include ACS, Ace Hardware, Applied Materials, EDS, Ericsson, Fluor, HOK, Oracle, PeopleSoft, RE/MAX, Robertson Stephens, Sun Microsystems, and Visa. Abilizer is privately held and funded by leading corporations and private equity firms including Technology Crossover Ventures, Thomas Weisel Capital Partners, the Blackstone Group, Cendant, Information Technology Ventures, US Venture Partners, Comdisco Ventures, the European Web Group, E*Trade, and Dorset Capital.