Stop Loss Leader HCC Benefits Latest Major Carrier to Adopt QuoteLab Platform.Business Editors & High Tech Writers ATLANTA--(BUSINESS WIRE)--Feb. 11, 2002 Number one stop-loss insurance writer HCC HCC Hepatocellular Carcinoma (liver cancer) HCC Hertfordshire County Council (administrative region of south eastern England UK) HCC Harford Community College (Maryland) Benefits Corporation has adopted the QuoteLab(TM) online quote submission platform, making it faster and easier for third party administrators (TPAs) and brokers to obtain quotes for stop loss insurance coverage. TPAs and brokers that subscribe to QuoteLab's Web site (www.quotelab.com) and services will have access to the only Internet-based quoting system designed specifically for stop loss, and will also be able to store and retrieve transactions and analyze data at the touch of a button. "One of our goals is to become the site for benefits professionals to go to for stop loss insurance," says Henry T. Van Dellen, QuoteLab Chairman and Chief Executive Officer. Establishing this partnership with HCC Benefits is a huge step." QuoteLab, Inc. provides robust software application and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services for group life and health insurance carriers, third-party administrators and broker/consultants and supports all group sizes and funding types. The patent-pending QuoteLab System facilitates negotiation of benefit plan procurement transactions by standardizing data processing, analysis and storage associated with underwriting and quoting of group insurance products and administration services. A privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. , QuoteLab, Inc., is based in Minneapolis, Minn. About HCC Benefits HCCB HCCB High Capacity Color Barcode HCCB Honolulu Community Concert Band (Honolulu, HI) HCCB Hill Country Community Band (Texas) is an underwriting agency, headquartered in Atlanta, Georgia and is the largest writer of Medical Stop Loss insurance in the nation, providing coverage to more than five million people. HCCB, a subsidiary of HCC Insurance Holdings HCC Insurance Holdings, Inc. , Inc., represents HCC Life Insurance Company and Avemco Insurance Company, which are also subsidiaries of HCC. HCC is one of the largest specialty insurance groups in the United States, consisting of insurance company, underwriting agency and intermediary operations. HCC has assets of over $3.0 billion and its shares are traded on the NYSE NYSE See: New York Stock Exchange (symbol: HCC) with a market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. of more than $1.5 billion. HC is rated AA (Very Strong) by Standard & Poor's and A+ (Superior) by A.M. Best Company. |
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