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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: TokyoMex who wrote ()4/1/2000 8:31:00 AM
From: good2yah   of 119973
 
Do you like this? firstprioritygroup.com

driversshield.com (the Company) was created to provide the Insurance Industry with advanced Internet and wireless based
technology tools to revolutionize the dynamics and methodology of auto insurance claims processing and collision repair management. These tools are necessary in today?s intensely competitive personal auto insurance marketplace to significantly enhance customer relationship management, reduce carrier costs and increase sales. The Company offers a total solution to insurance carriers, their representatives, policyholders and all business-to-business counterparts that are part of the process starting from the first report of an automobile accident. The Company is selling into a $100 billion marketplace with expected yearly revenues in excess of $2 billion within five years.

driversshield.com has partnered with Electronic Data Systems, Inc. (EDS), a world renown provider of outsourcing
solutions to the Insurance Industry and major international corporations, to build and provide the backbone of the Internet and wireless solutions.

The Company and its partners first thrust into the marketplace is to capitalize on a sixteen year history of supplying auto collision damage repairs to the nation?s most prestigious corporations through a national Network of 2,400 contracted repair facilities accessed through the driversshield.com web-site. The site is built and supported by EDS. driversshield.com significantly reduces carrier loss ratios and most importantly provides the greatest assurance of eliminating customer (policyholder) attrition, which is the highest dollar loss to an insurance carrier in what is now a severely contested marketplace. The Company and its partners are rapidly building the capability for policyholders to enter an accident claim(first report of accident) on the driversshield.com web-site and tying them directly into the repair process as the next entry into the marketplace. This leads the way for the partnership to offer insurance carriers a total business process outsourcing
(BPO) solution to handle all aspects of "back office" claims processing and adjudication starting with the first report of accident and including fraud detection, subrogation of claims, damage appraisals, repairs, referral of bodily injury settlement to partnerships, establishment of reserve amounts and final claims settlement. The value proposition to carriers is enhanced by substantial reductions in direct expenses resulting in lowered combined loss ratios. Development is underway for driversshield.com to receive wireless transmission of first reports of accidents at the time an accident occurs through air-bag triggers and/or voice monitoring within the vehicle.
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