AltaVista Selects ebix.com as Exclusive Insurance Marketplace to Deliver Premier Insurance Services.Business/Technology Editors ATLANTA--(BUSINESS WIRE)--Nov. 7, 2000 AltaVista to feature ebix's Internet Insurance Exchange and other ebix insurance content 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), the world's most comprehensive insurance portal, today announced it has entered into an alliance with AltaVista Company. Under the terms of the agreement, ebix.com will become the exclusive online insurance services provider for AltaVista's millions of unique users. Concurrent with the start of this alliance, ebix.com will launch their B2C (Business to Consumer) Refers to a business communicating with or selling to an individual rather than a company. See B2B. Internet Insurance Exchange on AltaVista, which will deliver relevant insurance related content and quotes to AltaVista's users and others. AltaVista Company is the leading search service and information marketplace, ranked as the second most popular referring search engine according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. StatMarket. AltaVista performs more than 50 million web search queries A web search query is a query that a user enters into web search engine to satisfy his or her information needs. Web search queries are distinctive in that they are unstructured and often ambiguous; they vary greatly from standard query languages which are governed by strict syntax on an average day. "AltaVista is the leader in search technology and we're committed to providing our users with the tools they need to find the information they are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. ," said Jeff Housenbold, vice president and general manager, Web & Enterprise Products and Marketing, AltaVista Company. "Our agreement with ebix.com will provide our users with not only the ability to quickly and easily search for a wealth of information on a variety of insurance related topics, but also to access a competitive array of insurance services that only ebix.com can provide." "Combining our depth of content and insurance relationships with an established and high quality search engine like AltaVista creates a truly valuable set of resources for consumers," 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. , ebix.com Inc. "This agreement is a great validation See validate. validation - The stage in the software life-cycle at the end of the development process where software is evaluated to ensure that it complies with the requirements. of ebix's position as the leading insurance marketplace." With its unique market-making model, ebix functions as a non-aligned engine allowing consumers to buy insurance from a large aggregation of insurance carriers and agents, without getting involved in commissions. ebix.com is the largest insurance marketplace online, offering consumers access to over 1,000 agents representing nearly 2,000 different carriers, as well as 30 carriers quoting direct. Users in all 50 states and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). can receive quotes on seven different lines of insurance: Auto, Home, Health, Life, Dental, Vision and Long Term Care. AltaVista Company is the leading search service and information marketplace at http://www.altavista.com, headquarted in Palo Alto Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif. 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 offers consumers access to over 1,000 agents representing nearly 2,000 different carriers, as well as 30 carriers quoting direct. 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 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. , 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 - news) - 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 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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