Esurance Teams With California Coast Credit Union

San Diego-Based Credit Union 1st in the Country to Partner With Esurance



Apr 30, 2001, 01:00 ET from Esurance Inc.

    SAN FRANCISCO and SAN DIEGO, April 30 /PRNewswire/ -- Esurance Inc., a
 national quote-to-claims Internet-based provider of personal auto insurance,
 and California Coast Credit Union, one of San Diego's largest credit unions,
 today announced a partnership to provide its members with online access to
 personal automobile insurance through Esurance.  Financial terms of the
 partnership were not disclosed.
     The partnership will include joint marketing of Esurance's automobile
 insurance service through both offline and online venues and enables
 California Coast to provide its customers with quick and easy access to auto
 insurance quotes and coverage.  California Coast customers can access the
 service at the credit union's web site at www.calcoastcu.org.
     "We know California Coast Credit Union members value getting the most for
 their money.  That's why we have partnered to offer members Esurance's quality
 auto insurance at a great price," said Rene McKee, Vice President of Marketing
 for California Coast.  "We're pleased to be the first credit union in the
 country to partner with Esurance, continuing our long tradition of
 consistently providing quality and low-cost financial services to our
 members."
     "Esurance is able to provide top-rated insurance policies at prices that
 are often significantly lower than traditional providers due to its innovative
 Internet-based insurance business model that reduces costs," said
 Charles Wallace, Vice President, Esurance.  "Through our partnership,
 California Coast's members can conveniently access their auto insurance
 policies online 24 hours-a-day to add/delete a vehicle or print proof of
 coverage through Esurance.com."
     Esurance is a complete quote-to-claims online insurance provider that
 combines the service of an agent-based insurance company with the competitive
 rates of a direct insurance provider.  Esurance enables customers to get
 expert advice, instant quotes, and comparison quotes from other insurance
 companies along with immediate coverage at time of payment.  Esurance
 customers can instantly add a driver or car to a policy, change their level of
 coverage and print out their policy or proof of insurance card, at any time
 using the online service.
     Established in 1929, California Coast Credit Union is one of San Diego's
 largest credit unions with over 55,000 members, more than $500 million in
 assets, and an extensive ATM, branch and service center network throughout the
 San Diego area.
 
     About Esurance Inc.
     Esurance Inc. is redefining the insurance experience by creating an easy
 and time efficient way to buy and manage personal auto insurance online.  The
 company's unique Internet-based business model reduces the overhead of
 traditional insurance operations, while still performing the key functions of
 an insurance provider, including pricing, underwriting and claims handling.
 This direct model eliminates paper-based processes and creates cost savings
 that are passed on to customers in the form of low rates for top-rated
 insurance policies.  Through its online service (www.esurance.com), Esurance
 offers consumers expert advice, quote comparisons and instant coverage, as
 well as convenient, 24x7 policy management and superior claims handling.  The
 company was the first Internet-based provider to offer real-time quote
 capability and fulfillment service to more than half of the nation's driving
 population.  Founded in 1998, Esurance is an operating subsidiary of
 Folksamerica Holding Company, Inc., a subsidiary of White Mountains Insurance
 Group (NYSE:   WTM).
 
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SOURCE Esurance Inc.
    SAN FRANCISCO and SAN DIEGO, April 30 /PRNewswire/ -- Esurance Inc., a
 national quote-to-claims Internet-based provider of personal auto insurance,
 and California Coast Credit Union, one of San Diego's largest credit unions,
 today announced a partnership to provide its members with online access to
 personal automobile insurance through Esurance.  Financial terms of the
 partnership were not disclosed.
     The partnership will include joint marketing of Esurance's automobile
 insurance service through both offline and online venues and enables
 California Coast to provide its customers with quick and easy access to auto
 insurance quotes and coverage.  California Coast customers can access the
 service at the credit union's web site at www.calcoastcu.org.
     "We know California Coast Credit Union members value getting the most for
 their money.  That's why we have partnered to offer members Esurance's quality
 auto insurance at a great price," said Rene McKee, Vice President of Marketing
 for California Coast.  "We're pleased to be the first credit union in the
 country to partner with Esurance, continuing our long tradition of
 consistently providing quality and low-cost financial services to our
 members."
     "Esurance is able to provide top-rated insurance policies at prices that
 are often significantly lower than traditional providers due to its innovative
 Internet-based insurance business model that reduces costs," said
 Charles Wallace, Vice President, Esurance.  "Through our partnership,
 California Coast's members can conveniently access their auto insurance
 policies online 24 hours-a-day to add/delete a vehicle or print proof of
 coverage through Esurance.com."
     Esurance is a complete quote-to-claims online insurance provider that
 combines the service of an agent-based insurance company with the competitive
 rates of a direct insurance provider.  Esurance enables customers to get
 expert advice, instant quotes, and comparison quotes from other insurance
 companies along with immediate coverage at time of payment.  Esurance
 customers can instantly add a driver or car to a policy, change their level of
 coverage and print out their policy or proof of insurance card, at any time
 using the online service.
     Established in 1929, California Coast Credit Union is one of San Diego's
 largest credit unions with over 55,000 members, more than $500 million in
 assets, and an extensive ATM, branch and service center network throughout the
 San Diego area.
 
     About Esurance Inc.
     Esurance Inc. is redefining the insurance experience by creating an easy
 and time efficient way to buy and manage personal auto insurance online.  The
 company's unique Internet-based business model reduces the overhead of
 traditional insurance operations, while still performing the key functions of
 an insurance provider, including pricing, underwriting and claims handling.
 This direct model eliminates paper-based processes and creates cost savings
 that are passed on to customers in the form of low rates for top-rated
 insurance policies.  Through its online service (www.esurance.com), Esurance
 offers consumers expert advice, quote comparisons and instant coverage, as
 well as convenient, 24x7 policy management and superior claims handling.  The
 company was the first Internet-based provider to offer real-time quote
 capability and fulfillment service to more than half of the nation's driving
 population.  Founded in 1998, Esurance is an operating subsidiary of
 Folksamerica Holding Company, Inc., a subsidiary of White Mountains Insurance
 Group (NYSE:   WTM).
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X16541522
 
 SOURCE  Esurance Inc.