Protegrity Services, Inc. Expands Workcompnow.com(TM); Internet-Based Tool Now Available In Thirteen States

Apr 03, 2001, 01:00 ET from Protegrity Services, Inc.

    LONGWOOD, Fla., April 3 /PRNewswire/ -- Protegrity Services, Inc.
 (Protegrity), a leading insurance products and services company, announced
 today the continuing expansion of its Internet-based underwriting and rating
 service, workcompnow.com.
     (Photo:  NewsCom:  http://www.newscom.com/cgi-bin/prnh/20010403/FLTU006)
     Arizona, Illinois, Indiana, Texas, and Virginia join the initial launch
 states of Arkansas, Kansas, Missouri, Nevada, N. Carolina, Oklahoma, S.
 Carolina, and Tennessee.
     Initially launched just four months ago, workcompnow.com has generated
 substantial interest with property and casualty agents, its target audience.
 To date, the site has received over 500,000 hits, hosted over 8,000 visitor
 sessions (averaging 90 sessions/weekday), and processed over 750 quotes
 representing in excess of $3 million in premium. Over 1,000 insurance agents
 have registered to use the tools provided by the site.
     "Through workcompnow.com, agents can quickly access on-line, real-time
 underwriting and rating in order to quote and bind coverage from a select list
 of highly regarded carriers for their business clients in a matter of
 minutes," said Greg Kerrebrock, Protegrity's senior vice president for E-
 commerce, Marketing & Communication.
     "The information provided by the agent not only produces a quote for
 presentation, it can also be used to complete and print an ACORD(TM)
 application for policy generation," added Kerrebrock. "Agents are able to
 save, retrieve, and view all of their transactions in a personalized secure
 environment. Seamless integration with Protegrity's underwriting, policy and
 claim systems assures accurate account information, correct classifications
 and rates, and outstanding post-sale service levels."
     Workcompnow.com provides licensed insurance agents with a sales edge in a
 very competitive marketplace. By pricing and binding workers' compensation
 coverage on-line through workcompnow.com, agents can replace existing paper-
 intensive, time-consuming processes with the speed, efficiency and power of
 the Internet. What took days to complete, now takes minutes.
     The program is designed without minimum volume commitments or any up-front
 application fees. Licensed property and casualty agents can access the program
 by completing a straightforward registration process.
     "The expansion of workcompnow.com is evidence of Protegrity's ongoing
 strategy to develop products and services that enhance and simplify a
 customer's interaction with this organization while reducing transaction
 costs," said Gene Roberts, Protegrity's president and chief executive officer.
 "We are very pleased with the results that have been generated so far."
 
     Key Benefits
     -- On-line, real-time underwriting & rating, quote & bind from leading A-
 rated workers' compensation insurers in a matter of minutes
     -- entered data completes ACORD(TM) application form for printing and
 submission
     -- agents are able to save & view all transactions in a personalized,
 secure environment
     -- front end/back room integration assures accurate information, rates,
 underwriting
     -- written policies are serviced by Protegrity
 
     About Protegrity Services, Inc.
     Protegrity Services, Inc. (Protegrity), is a premier provider of insurance
 products and related services to insured and self-insured business clients
 located in the South, Mid-Atlantic, Midwest, Mountain, and Southwest regions
 of the United States. The company distributes and administers these products
 and services through multiple channels and strategic relationships.
     Protegrity is also one of the largest privately held workers' compensation
 service companies in the nation. The company provides integrated loss cost
 solutions including claims and managed care administration, litigation and
 fraud management, loss prevention, and return-to-work programs.
     Protegrity utilizes leading edge technology, personalization, and
 information to deliver a superior "protegrity-powered" customer service
 experience.
     More information about Protegrity is available at
 http://www.protegritynow.com/.
 
 

SOURCE Protegrity Services, Inc.
    LONGWOOD, Fla., April 3 /PRNewswire/ -- Protegrity Services, Inc.
 (Protegrity), a leading insurance products and services company, announced
 today the continuing expansion of its Internet-based underwriting and rating
 service, workcompnow.com.
     (Photo:  NewsCom:  http://www.newscom.com/cgi-bin/prnh/20010403/FLTU006)
     Arizona, Illinois, Indiana, Texas, and Virginia join the initial launch
 states of Arkansas, Kansas, Missouri, Nevada, N. Carolina, Oklahoma, S.
 Carolina, and Tennessee.
     Initially launched just four months ago, workcompnow.com has generated
 substantial interest with property and casualty agents, its target audience.
 To date, the site has received over 500,000 hits, hosted over 8,000 visitor
 sessions (averaging 90 sessions/weekday), and processed over 750 quotes
 representing in excess of $3 million in premium. Over 1,000 insurance agents
 have registered to use the tools provided by the site.
     "Through workcompnow.com, agents can quickly access on-line, real-time
 underwriting and rating in order to quote and bind coverage from a select list
 of highly regarded carriers for their business clients in a matter of
 minutes," said Greg Kerrebrock, Protegrity's senior vice president for E-
 commerce, Marketing & Communication.
     "The information provided by the agent not only produces a quote for
 presentation, it can also be used to complete and print an ACORD(TM)
 application for policy generation," added Kerrebrock. "Agents are able to
 save, retrieve, and view all of their transactions in a personalized secure
 environment. Seamless integration with Protegrity's underwriting, policy and
 claim systems assures accurate account information, correct classifications
 and rates, and outstanding post-sale service levels."
     Workcompnow.com provides licensed insurance agents with a sales edge in a
 very competitive marketplace. By pricing and binding workers' compensation
 coverage on-line through workcompnow.com, agents can replace existing paper-
 intensive, time-consuming processes with the speed, efficiency and power of
 the Internet. What took days to complete, now takes minutes.
     The program is designed without minimum volume commitments or any up-front
 application fees. Licensed property and casualty agents can access the program
 by completing a straightforward registration process.
     "The expansion of workcompnow.com is evidence of Protegrity's ongoing
 strategy to develop products and services that enhance and simplify a
 customer's interaction with this organization while reducing transaction
 costs," said Gene Roberts, Protegrity's president and chief executive officer.
 "We are very pleased with the results that have been generated so far."
 
     Key Benefits
     -- On-line, real-time underwriting & rating, quote & bind from leading A-
 rated workers' compensation insurers in a matter of minutes
     -- entered data completes ACORD(TM) application form for printing and
 submission
     -- agents are able to save & view all transactions in a personalized,
 secure environment
     -- front end/back room integration assures accurate information, rates,
 underwriting
     -- written policies are serviced by Protegrity
 
     About Protegrity Services, Inc.
     Protegrity Services, Inc. (Protegrity), is a premier provider of insurance
 products and related services to insured and self-insured business clients
 located in the South, Mid-Atlantic, Midwest, Mountain, and Southwest regions
 of the United States. The company distributes and administers these products
 and services through multiple channels and strategic relationships.
     Protegrity is also one of the largest privately held workers' compensation
 service companies in the nation. The company provides integrated loss cost
 solutions including claims and managed care administration, litigation and
 fraud management, loss prevention, and return-to-work programs.
     Protegrity utilizes leading edge technology, personalization, and
 information to deliver a superior "protegrity-powered" customer service
 experience.
     More information about Protegrity is available at
 http://www.protegritynow.com/.
 
 SOURCE  Protegrity Services, Inc.