(COMTEX) B: INSWEB OFFERS ONLINE INSURANCE SHOPPING TO PRODIGY MEMBER
B: INSWEB OFFERS ONLINE INSURANCE SHOPPING TO PRODIGY MEMBERS ONLINE INSURANCE
MARKETPLACE FURTHER EXPANDS ITS ONLINE NETWORK
REDWOOD CITY, Calif., Aug 18, 1999 /PRNewswire via COMTEX/ -- InsWeb
(Nasdaq: INSW), the Internet's leading insurance marketplace, announced
today that it is now offering its insurance shopping services to
members of Prodigy Internet (Nasdaq: PRGY), one of the nation's premier
Internet service providers.
(Photo: newscom.com )
Through InsWeb, Prodigy subscribers can compare insurance
company-sponsored quotes for actual coverage for auto, health, home,
renters and term life products from the nation's most well-recognized
brands. InsWeb's 39 participating companies include such leading
carriers as State Farm, Nationwide, Progressive, AIG, CNA, Metropolitan
Life, and Mutual of Omaha.
"InsWeb's insurance marketplace gives Prodigy's sophisticated users a
powerful way to shop for insurance -- something difficult to accomplish
either online or in the physical world," said InsWeb Senior Vice
President Paul Weiskopf, head of Strategic Partnerships. "We believe
InsWeb's easy-to-use format can save Prodigy users time and money by
enabling them to compare insurance products quickly and conveniently."
The agreement with Prodigy is InsWeb's first relationship with a major
Internet service provider. InsWeb, which has the most extensive network
of Internet relationships of any online insurance marketplace,
currently has agreements with 100 online sites, including Yahoo!, GO
Network, Snap.com, Looksmart and E*TRADE.
"Our relationship with InsWeb will benefit Prodigy users by helping
them make more well-informed decisions about the personal insurance
products most important to them," said David Trachtenberg, Prodigy's
president and COO."As Prodigy continues to expand, we're looking to
provide our consumers withthe highest quality Internet experience from
best-of-breed companies suchasInsWeb."
About Prodigy Communications Corporation Prodigy Communications
Corporation is a leading nationwide Internet service that provides fast
and reliable Internet access and related value-added services. Prodigy
utilizes a nationwide network covering more than 750 cities in all 50
states allowing approximately 83% of the United States population to
access Prodigy's services with a local telephone call.
Prodigy Internet enables the Internet to be used as a productivity
toolby allowing subscribers to obtain and communicate desired
information quickly and efficiently in an easy and personalized manner.
About InsWeb InsWeb, the Internet's leading insurance marketplace at
www.insweb.com, helps consumers save time and money by providing free,
multiple insurance quotes sponsored by the nation's leading insurance
companies. InsWeb's 39 participating insurers offer auto, term life,
homeowners, renters, individual health and short-term medical
insurance. InsWeb is accessible from 100 sites on the Internet,
including Yahoo!, GO Network, Snap.com, ZDNet, Looksmart, Go2Net, and
E*TRADE. InsWeb is also available through Microsoft Money 99.
Additionally, InsWeb provides interactive tools and research
capabilities that assist consumers in making more informed decisions.
InsWeb is rated the Internet's No. 1 insurance site by Lafferty Group,
a leading independent consulting firm, and was recently ranked one of
the "50 Most Incredibly Useful Sites" by Yahoo! Internet Life. InsWeb
is headquartered in Redwood City,Calif.
NOTE: "INSWEB" is a registered service mark of InsWeb Corporation. All
marks above are those of InsWeb Corporation, except for those of
insurance carriers, brokers, agents, industry organizations, financial
institutions, online partners, service providers, educational
institutions and other mentioned companies, which are the marks of
their respective entities.
SOURCE InsWeb Corporation
(C) 1999 PR Newswire. All rights reserved.
prnewswire.com -0-
CONTACT: Greg Jones of InsWeb Corporation, 650-817-0213, or
gjones@insweb.com; or Mary C. Matalobos, Director of
Prodigy Corporate
Communications, 914-448-8000, or mmatalobos@prodigy.net
/Photo:
newscom.com
For assistance: PR Newswire Photo Desk, 888-776-6555
or 201-369-3467
WEB PAGE: insweb.com
GEOGRAPHY: California
INDUSTRY CODE: INS
MLM
SUBJECT CODE: CON
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