AAA Auto Club South Joins the ebix.com Insurance Marketplace.Business/Technolgoy Editors ATLANTA--(BUSINESS WIRE)--May 1, 2000 ebix.com Continues Rapid Pace of Signing Insurance Companies to Its Market-Leading Insurance Portal ebix.com Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : EBIX) today announced that AAA AAA: see American Automobile Association. (Triple A) A common single-cell battery used in a myriad of electronic devices of all variety. Like its double A (AA) cousin, it provides 1.5 volts of DC power. When used in series, the voltage is multiplied. Auto Club South, the nation's third largest AAA club serving more than 3 million members, is now offering auto insurance products to consumers in Georgia Georgia, country, Asia Georgia (jôr`jə), Georgian Sakartvelo, Rus. Gruziya, officially Republic of Georgia, republic (2005 est. pop. 4,677,000), c.26,900 sq mi (69,700 sq km), in W Transcaucasia. , Florida and Tennessee Tennessee, state, United States Tennessee (tĕn`əsē', tĕn'əsē`), state in the south-central United States. on www.ebix.com, the world's most comprehensive insurance portal. Adding AAA Auto Club South's services further expands ebix.com's role as the largest insurance marketplace online, offering consumers in all 50 states access to 20 direct carriers and over 850 agents representing 2,000 unique carriers. "The rapid pace at which we continue to sign leading insurance players such as AAA Auto Club South is evidence that the insurance industry considers ebix.com one of the premiere online insurance marketplaces," said Robin Raina, President 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 ebix.com. "Our goal is to become the one place on the Web where consumers and insurance professionals can fulfill ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. all their insurance needs, and offering the largest aggregation of insurance companies is a step in that direction." In addition to offering quotes on seven different lines of insurance -- Auto, Home, Health, Life, Dental, Vision and Long Term Care - ebix.com also provides unparalleled resources such as live 24-hour customer support, a market research center, carrier ratings, and a 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 tool for insurers to conduct all their insurance-related transactions online. About AAA Auto Club South AAA Auto Club South is the third largest affiliate of the AAA organization, with over 3.1 million members in Florida, Georgia and the western two-thirds of Tennessee. AAA is a not-for-profit Not-for-profit An organization established for charitable, humanitarian, or educational purposes that is exempt from some taxes and in which no one in profits or losses. federation of 85 motor clubs with more than 1,100 offices providing more than 41 million members in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada with travel, insurance, financial and auto-related services. Established in 1902 by nine motor clubs with fewer than 1,000 members, AAA today now has 43 million members in the United States and Canada. Twenty-six percent of all U.S. households have a AAA membership. Nearly 25 percent of all passenger vehicles registered in the U.S. and Canada belong to AAA members. For more information, please visit www.AAASouth.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 The automatic routing of documents to the users responsible for working on them. Workflow is concerned with providing the information required to support each step of the business cycle. 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 Workflow engine is a software application meant to manage and execute modeled business processes. It is a key component in workflow technology. It will typically make use of a database server. , 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. (NASDAQ: EBIX) - 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 Six Continents is a large retail PLC in UK which split into Six Continents Retail known as Mitchells and Butlers plc. The hotels and soft drinks business of Six Continents PLC is now known as InterContinental Hotels Group PLC. . 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. |
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