Nekema.com Reaches Agreement with IBM To Build E-Marketplace for Agents.Business Editors JERSEY CITY, N.J.--(BUSINESS WIRE)--Sept. 28, 2000 nekema.com, the premier Internet gateway (1) See cable/DSL gateway. (2) A router or server that converts IP packets to IPX, AppleTalk or some other non-IP format and vice versa. It is used to connect non-IP networks to the Internet. for independent insurance agents, has cemented its lead in the competitive race of insurance processing by working with IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) to build the nekema for agents e-marketplace. Nekema for agents is nekema.com's Internet-based multiple-company input processing system for independent insurance agents. It enables agents to rate, quote and bind on-line small business insurance products from multiple insurance carriers with single data entry. Agents will be able to select and bind the quote of their choice and will be connected to that carrier's policy system through nekema for agents for policy issuance. "Our relationship with a giant like IBM is a clear signal that nekema.com will be the hands-down choice for independent insurance agents and their carriers for e-Commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. initiatives," said John Rhodes John Rhodes may refer to:
IBM will provide hardware, software, services and support for the nekema for agents e-marketplace, including IBM's leading e-business software, such as Websphere, DB2, MQseries. In addition, IBM will also provide hosting services through IBM Global Services IBM Global Services is the world's largest business and technology services provider. It is the fastest growing part of IBM, with over 190,000 professionals serving customers in more than 160 countries. . "We are pleased to be working with nekema.com on this innovative e-marketplace for the independent insurance agent," said Jim Corgel, general manager, IBM Global Net Generation Business. "The insurance industry was an early adopter of on-line processing and fulfillment 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. , but this e-marketplace will bring it into the new economy and IBM is excited about being a part of this." Nekema for agents will reduce the cost of serving the small business market by reducing the time and cost of data entry and quotation QUOTATION, practice. The allegation of some authority or case, or passage of some law, in support of a position which it is desired to establish. 2. Quotations when properly made, assist the reader, but when misplaced, they are inconvenient. , binding and policy issuance. Independent insurance agents will benefit from lower costs and faster quotes. Carriers will gain access to a new online distribution channel. Small businesses will benefit from faster service and the trusted advice the independent agent delivers. Nekema for agents will be based on IBM's industry-leading e-business technology, including RS/6000(a) and Netfinity(a) servers, IBM's Shark Enterprise Storage Server, WebSphere(a) Application Server, DB2(a) Universal Database, MQSeries(a) messaging and integration middleware A redundant term for "middleware." The concept of middleware is integration. See middleware. . About nekema.com Nekema.com is an e-Commerce services provider based in Jersey City, NJ. It's a joint venture of the Madison Consulting Group and the Kemper Insurance Companies. Information on nekema.com and its products and services can be found at www.nekema.com. (a) Indicates trademark or registered trademark of International Business Machines Corporation. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion