Insurance services come with a slurpee on the side. (Property/Casualty).
Under the agreement, Public Access will be the exclusive retailer of Instant Auto Agency automobile insurance-related products and services to be offered at Vcom kiosks.
At the kiosks, 7-Eleven customers will have direct access to Public's centralized service center, where they can get automobile quotes, purchase their policy, pay their monthly bill and talk to a customer service representative. Currently, customers can conduct American Express ATM transactions, purchase Western Union money orders and money transfers, pay bills through Western Union's Quick Collect payment service and cash checks through Certegy Check Services. Public Access is a media marketing company and a subsidiary of Dallas-based Instant Insurance Holdings.
Public Access President Les Schlesinger said 50% of his company's monthly clientele pay their auto insurance bills by cash or money order, making Vcom a convenient conduit for their payments because the kiosk accepts cash-up to 30 bills of different denominations at one time-through the machine's bunch-note accepter. Currently, Vcom is operating in approximately 185 7-Eleven stores in Texas, Florida, Colorado and Virginia. The auto insurance service is expected to be available on 7-Eleven's Vcom machines in the second quarter of 2003.
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|Title Annotation:||automobile-related insurance services via 7-Eleven stores' Vcom electronic kiosks|
|Comment:||Insurance services come with a slurpee on the side. (Property/Casualty).(automobile-related insurance services via 7-Eleven stores' Vcom electronic kiosks)|
|Article Type:||Brief Article|
|Date:||Jan 1, 2003|
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