AOL & InsWeb pacts ease insurance buying
InsWeb, an Internet company that claims to offer consumers the ability to find the best price for insurance in the shortest amount of time, on Thursday announced a co-branded agreement with AOL-owned Netscape Netcenter, CompuServe and Digital City that will allow America Online users to shop for insurance.
Under the deal, InsWeb will become Netscape's exclusive link to auto, term life, homeowners and renters insurance comparison shopping. InsWeb (INSW) will also be available at CompuServe and Digital City, and will develop co-branded sites for all three Internet portals. The launch is scheduled for the spring.
"Through our relationship with InsWeb, we will be able to offer our online consumers easy access to quality insurance products," said Jonathan Sacks, senior vice president and general manager of interactive services at AOL, in a statement. "Users of several of our brands will now have the ability to save time and money while searching for auto, life and homeowners/renters insurance." |