Auctionweiser.com Partners With WebTradeInsure.com, Offering Fraud Insurance and Shipping Insurance to Auctionweiser.com Members: ``Buy with Confidence!''.Business Editors/High-Tech Writers SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. and NEW CITY, N.Y.--(BUSINESS WIRE)--Nov. 22, 2000 WebTradeInsure Inc. (www.Webtradeinsure.com) today announced a strategic partnership with Auctionweiser Enterprises Inc. (www.Auctionweiser.com) offering members insurance to protect against fraud, misrepresentation misrepresentation In law, any false or misleading expression of fact, usually with the intent to deceive or defraud. It most commonly occurs in insurance and real-estate contracts. False advertising may also constitute misrepresentation. and physical loss or damage during shipment when trading online. Auctionweiser will establish direct links to WebTradeInsure for members to access insurance. WebTradeInsure will display Auctionweiser on its approved partners' page and provide a link to Auctionweiser. The partnership will address the epidemic epidemic, outbreak of disease that affects a much greater number of people than is usual for the locality or that spreads to regions where it is ordinarily not present. of online auction fraud and the public's outcry to begin offering more comprehensive solutions to counter this problem. WebTradeInsure will serve as the exclusive provider of Credibility (Fraud) Insurance and Transit Insurance to the Auctionweiser.com community. Auctionweiser.com will serve as a valuable partner to WebTradeInsure, adding to its growing list of affiliates. WebTradeInsure provides comprehensive insurance products to completely protect the authenticity The correct attribution of origin such as the authorship of an e-mail message or the correct description of information such as a data field that is properly named. Authenticity is one of the six fundamental components of information security (see Parkerian Hexad). and intact delivery of items bought and sold via online auctions. Credibility Insurance(SM) (Fraud Insurance) protects Buyers against fraud and material misrepresentation and may be purchased for items valued up to $10,000. Transit Insurance offers protection for Buyers against physical loss or damage during shipment and may be purchased for items valued up to $25,000. WebTradeInsure's services complement the efforts of responsible auction sites and business exchanges. The company's alliance with Auctionweiser.com will provide an excellent value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. service for Auctionweiser.com members. Buyers will now have the protection that they need in order to bid on higher ticket items. On the other side of the equation, Sellers will have a device that they can use to designate des·ig·nate tr.v. des·ig·nat·ed, des·ig·nat·ing, des·ig·nates 1. To indicate or specify; point out. 2. To give a name or title to; characterize. 3. their auctions as safe trading environments. Auctionweiser.com will compliment Not to be confused with Complement. Compliment may be
"Auctionweiser has shown that it is aware of the online auction fraud issue and that it is not going to permit it to corrupt its trading community. Auctonweiser.com demonstrates an enhanced level of commitment to their members. This attitude towards online fraud reflects the type of affiliate with whom WebTradeInsure seeks to partner," said Eric Kaitz, VP insurance operations, WebTradeInsure Inc. Auctionweiser.com feels that this strategic partnership with WebTradeInsure will be an invaluable asset to the Auctionweiser.com Network, and to its members. Now, that Auctionweiser.com has an insurance option available to its members, Buyers can purchase this insurance for high valued items that are up for bid on Auctionweiser.com. In addition, Sellers on Auctionweiser.com will also be able to offer this insurance on all or some of their items, to provide extra assurance to their anticipated buyers or bidders on Auctionweiser.com. Since all auction business is conducted on the Internet, it is sometimes hard for Buyers and Sellers of goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. to be able to trust the other party in completing the transaction successfully. When Sellers purchase this additional option, it enhances Buyer confidence and trust. On the other side of the transaction, Buyers can choose to add this option for an expensive item. If the Seller does not come through, then the Buyer can get his/her money back through WebTradeInsure. About Auctionweiser.com Auctionweiser.com is one of the up-and-coming leaders in providing real-time auction and shopping services on the Web. Auctionweiser.com offers a paramount level of technology, while providing a fast and safe environment from ages 18-80. Auctionweiser.com has partnered with leading Internet and brick and mortar businesses
This article or section may contain original research or unverified claims. Please help Wikipedia by adding references. See the for details. in order to provide the most sophisticated, technological and easy-to-use Internet auction network. For more information about Auctionweiser.com or its Internet partners, e-mail Press@Auctionweiser.com, or visit our news and information page at http://www.Auctionweiser.com. About WebTradeInsure WebTradeInsure provides the only comprehensive mechanism for protecting online auction transactions in the eMarketplace including online auction houses and business exchanges. Credibility Insurance(SM) and Transit Insurance empower empower verb To encourage or provide a person with the means or information to become involved in solving his/her own problems both buyers and sellers at online auction sites and business exchanges to trade with confidence, without delays or financial constraints CONSTRAINTS - A language for solving constraints using value inference. ["CONSTRAINTS: A Language for Expressing Almost-Hierarchical Descriptions", G.J. Sussman et al, Artif Intell 14(1):1-39 (Aug 1980)]. . WebTradeInsure's services are backed by industry-renowned carriers including New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Marine & General Insurance Co. and certain syndicates at Lloyd's of London Not to be confused with Lloyds Bank or Lloyd's Register. Lloyd's of London is a British insurance market. It serves as a meeting place where multiple financial backers or “members”, whether individuals (traditionally known as . For more information on the company's services, visit www.webtradeinsure.com or call 877/626-2828. Auction or business exchange sites interested in becoming an e-Partner, should send email to bizdev@webtradeinsure.com. |
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