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Technology Stocks : CheckFree (CKFR)
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To: Benny Baga who wrote (4662)5/28/1998 6:45:00 PM
From: TLindt  Read Replies (1) of 8545
 
Yep it was Travelers.....

'Travelers Property Casualty, through Travelers Indemnity and its affiliates, is the first carrier to introduce auto coverage through the Quicken InsureMarket service. Electric Insurance Company and InsureDirect have also announced plans to begin offering auto insurance on the site later this year.

In order to offer its auto insurance services, the Quicken InsureMarket service interacts with an insurer's database to produce an individualized rate quote in real-time; verifies driving records with states while a transaction is being processed online; facilitates online payment; provides immediate notification to approved consumers (when the conditions set by each insurer are met); and enables coverage to commence as soon as after midnight of the following business day.

Quicken InsureMarket is the leading insurance site on the Internet, with participation from major, national insurance carriers, and the ability to offer real-time rate quotes and online payment options, which can speed the process of buying insurance. The full-service site also features a library of educational material so consumers can learn more about insurance, as well as interactive insurance planning tools and information from independent insurance experts.'

e-commerce is going to make for some strange bed-fellows..
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