CNA Now Offers Term Life Insurance On ebix.com; Leader in Online Insurance Marketplace Continues to Expand Roster of Companies Quoting.Business/Technology Editors ATLANTA--(BUSINESS WIRE)--Aug. 9, 2000 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 CNA (Certified NetWare Administrator) See Novell certification. will begin offering term life insurance on www.ebix.com, the world's most comprehensive insurance portal. A highly ranked company, CNA is one of the leading insurance groups 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. . Headquartered in Chicago, Ill., CNA serves individuals and businesses with a broad range of insurance products and insurance-related services. ebix.com offers seven lines of insurance, which include auto, home, health, life, long-term care long-term care (LTC), n the provision of medical, social, and personal care services on a recurring or continuing basis to persons with chronic physical or mental disorders. , dental and vision. Currently more than 1000 agents and 30 carriers representing every state as well as 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). are registered to provide quotes for consumers in ebix.mall. "It has always been our intention to make ebix.com the most comprehensive insurance site on the Internet," 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. "Continuing to increase our offerings through partnerships with companies like CNA clearly illustrates our commitment to the online insurance industry and our increasing role as the market leader for providing services to both consumers and insurance professionals." "We see our involvement in the Internet as a perfect supplement and enhancement to the work of our agents," said Susan McGory, President and COO, CNA Life and LTC LTC abbr. lieutenant colonel Strategic Business Units. "Consumers know and trust the ebix.com name, and we are happy to be partnered with them." 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 is the largest insurance marketplace online, offering consumers access to over 1000 agents representing 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 and management engine ebix.link. ebix.link is currently being piloted by a number of leading carriers and agents in the United States, 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. 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. About CNA Life: CNA is one of the leading insurance groups in the United States, based on 1998 revenues of $17.1 billion as well as its long-standing reputation for outstanding and affordable insurance. Visit CNA at www.cnalife.com for more information on the CNA family of insurance products. In 1965, CNA pioneered insurance to cover nursing home costs and was the first insurance company to write long-term care policies. Today, CNA LTC (www.cnaltc.com) offers a full range of comprehensive long-term care insurance, including policies to cover home care, alternative care, hospice hospice, program of humane and supportive care for the terminally ill and their families; the term also applies to a professional facility that provides care to dying patients who can no longer be cared for at home. care, medical equipment in the home, and emerging technologies for long-term care and treatment. CNA is a registered service mark, trade name and domain name of CNA Financial CNA Financial Corporation (NYSE: CNA) is a financial corporation based in Chicago, Illinois, United States, and noted for its 600 foot tall red headquarters building there. Its principal subsidiary, Continental Casualty Company (CCC) was founded in 1897. Corporation. CNA life insurance products are underwritten by Valley Forge Valley Forge, on the Schuylkill River, SE Pa., NW of Philadelphia. There, during the American Revolution, the main camp of the Continental Army was established (Dec., 1777–June, 1778) under the command of Gen. George Washington. Life Insurance Company and, in 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 only, Continental Assurance Company. CNA long-term care insurance products are underwritten by Valley Forge Life Insurance Company and Continental Casualty Company. CNA insurance products and their features may not be available in all states. 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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