SAN FRANCISCO, Oct. 24 /PRNewswire/ -- Esurance, a direct-to-consumer
personal auto insurance company, announced the launch of its auto insurance
program in Oregon. Gary Tolman, Esurance President & CEO, stated, "We think
Oregon drivers will appreciate our competitive rates and 24/7 convenience."
On top of the company's affordable base rates, Esurance offers a
variety of discounts to Oregon drivers, including a $75 discount when a
driver buys his or her policy online. Tolman explained, "Buying auto
insurance online eliminates the paperwork that makes applying for auto
insurance such a hassle. With less paperwork and with our online discount,
customers can save time and money on their auto insurance, while saving a
tree or two in the process."
With a rapidly growing policyholder base nationwide, Esurance's use of
electronic documents and communications saves hundreds of trees a year.
Esurance has also focused on making the rest of its operations as paperless
as possible, and uses hybrid claims vehicles where they are available. Of
these "green" operational initiatives, Tolman added, "Often, making the
environmentally friendly decision is also the right thing in terms of
customer convenience and operating efficiency."
Esurance also works with a variety of local environmental partners to
plant trees and restore natural environments, particularly in and around
urban areas. Through its support of these organizations, Esurance has
planted thousands of trees across the U.S. Of the company's plans for
environmental outreach in Oregon, Tolman stated, "We look forward to
exploring similar opportunities with Oregon's environmental groups. Though
we are an online company, we still like to put down roots in a variety of
locations, sometimes meaning that quite literally."
Esurance's Oregon launch should serve as a reminder for all drivers to
shop around for auto insurance. Tolman concluded, "Whenever there's a new
entrant in a state's auto insurance market, drivers should get new auto
insurance quotes to ensure they're getting the best rates and discounts
available. With our recent launch, we hope that Oregon drivers will turn
over a new leaf when it comes to their auto insurance and choose Esurance."
Esurance, a subsidiary of White Mountains Insurance Group, Ltd. (NYSE:
WTM), provides personal auto insurance direct to consumers online and
through select online agents. Esurance is dedicated to constantly improving
the way people shop for, buy, and manage their auto insurance. By combining
the best of technology with industry know-how, Esurance is able to offer
hassle-free coverage with 24/7 customer service and claims handling at
Through Esurance's Web site, www.esurance.com, customers can get
instant quotes, view comparison quotes, buy an Esurance policy, and print
their proof of insurance card -- all in minutes. Esurance also offers
policyholders the ability to make policy changes and file claims instantly
online, demonstrating its commitment to improving the entire insurance
process from quote to claim. Esurance is proud to support our communities
through charitable involvement that benefits public health, youth outreach,
and the environment.
Safe Harbor Statement under the Private Securities Litigation Reform
Act of 1995
The press release may contain "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
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historical facts, included or referenced in this release which address
activities, events or developments which we expect or anticipate will or
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others, statements with respect to White Mountains':
*growth in book value per share or return on equity;
*financial and operating targets or plans;
*incurred losses and the adequacy of its loss and loss adjustment expense
reserves and related reinsurance;
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*the risks associated with Item 1A of White Mountains' 2005 Annual Report
on Form 10-K and second quarter 2006 Form 10-Q;
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interpretation, applicable to White Mountains, its competitors or its
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Mountains will be realized or, even if substantially realized, that they
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