1hemisphere, Onyx Insurance Announce Strategic Partnership.Business Editors MIAMI--(BUSINESS WIRE)--Oct. 12, 2000 International business portal 1hemisphere (www.1hemisphere.com) announced it has signed a strategic partnership with Onyx onyx (ŏn`ĭks), variety of cryptocrystalline quartz, differing from agate only in that the bands of which it is composed are parallel and regular. Insurance Group (www.onyxgrp.com), a Florida-based integrated provider of insurance services to small- and medium-sized businesses in 10 key U.S. states with large Hispanic populations and select Latin American markets. Under the terms of the agreement, Onyx is providing 1hemisphere.com with sales and marketing reach via its network of more than 5,000 sales representatives and 1,200 agencies, making 1hemisphere's trade- and business-related electronic commerce and information services See Information Systems. available to the growing number of small- and medium-sized Onyx commercial insurance clients in the U.S. states of Florida, Georgia, Alabama, Illinois, Texas, California, Arizona, Nevada, Oregon and Utah. In addition, Onyx-affiliated insurance underwriters in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. will provide similar services to 1hemisphere. "We are very pleased to have the Onyx Insurance Group assist us in marketing 1hemisphere online products and tools for international trade in the Americas to Onyx's formidable customer base," said Jose Matto, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of 1hemisphere.com. "In turn, we will provide Onyx clients with a package of e-commerce tools and information services to enable them to better compete in the increasingly wired global economy." "Onyx will provide 1hemisphere with an immediate U.S. surrogate sales force for rollout of 1hemisphere's trade-related online products," said Saul Fraynd, President of Onyx Insurance Group. "Together, Onyx and 1hemisphere.com will provide an array of products and services that enable small- to medium-sized businesses to engage in cross border trade in this hemisphere." About 1hemisphere.com 1hemisphere.com (www.1hemisphere.com) is an Internet-based international trade portal that is fast emerging as the premier business-to-business (B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business ) e-commerce site among small- to medium-sized businesses throughout the Americas. Established in 1999, 1hemisphere has developed a distinctive combination of infomediary (INFOrmation interMEDIARY) An information provider that gathers content from several sources and functions as a data aggregator for a target audience. , application and transaction services that make it an e-commerce "one-stop shop One-Stop Shop A company or a location that offers a multitude of services to a client or a customer. The idea is to provide convenient and efficient service and also to create the opportunity for the company to sell more products to clients and customers. " for an increasing number of SMBs seeking to establish trade relationships regionwide. About Onyx Insurance Group The Onyx Insurance Group, Inc. (www.onyxgrp.com) is a diversified insurance and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. company principally engaged through its subsidiaries and affiliates in providing property and casualty insurance products to "niche" markets, through independent insurance agents. Onyx, through its various subsidiaries and affiliates, is licensed and operates in Florida, Alabama, Arizona, California, Georgia, Illinois, Nevada, Oregon, Texas, and Utah. Onyx also operates through other affiliated companies Affiliated Companies A situation that occurs when one company owns a minority interest (less than 50%) in another company. Also refers to companies that are related to each other in some way. Notes: An affiliated company is sometimes referred to as a subsidiary. in Venezuela and Panama. |
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