[EBIX.COM LETTERHEAD]
NEWS RELEASE: For Immediate Release
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EBIX.COM INC. EBIX.COM: MILLER/SHANDWICK CONTACT:
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5 Concourse Pkwy. Jeff Larson Daryl Richard/Joe Potvin
Suite 3200, Atlanta, GA 30328 Director - Strategic Alliances (617) 536-0470
(678) 281-2020 (678) 281-2038 drichard @miller.shandwick.com
NASDAQ: EBIX [email protected] [email protected]
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ALTAVISTA SELECTS EBIX.COM AS EXCLUSIVE INSURANCE MARKETPLACE
TO DELIVER PREMIER INSURANCE SERVICES
AltaVista to feature ebix's Internet Insurance Exchange
and other ebix insurance content
ATLANTA, GA -- November 07, 2000 -- EBIX.COM INC. (NASDAQ: EBIX), the
world's most comprehensive insurance portal, today announced it has entered into
an alliance with ALTAVISTA COMPANY. Under the terms of the agreement, ebix.com
will become the exclusive online insurance services provider for AltaVista's
millions of unique users. Concurrent with the start of this alliance, ebix.com
will launch their B2C Internet Insurance Exchange on AltaVista, which will
deliver relevant insurance related content and quotes to AltaVista's users and
others. AltaVista Company is the leading search service and information
marketplace, ranked as the second most popular referring search engine according
to StatMarket. AltaVista performs more than 50 million web search queries on an
average day.
"AltaVista is the leader in search technology and we're committed to
providing our users with the tools they need to find the information they are
looking for," said Jeff Housenbold, vice president and general manager, Web &
Enterprise Products and Marketing, AltaVista Company. "Our agreement with
ebix.com will provide our users with not only the ability to quickly and easily
search for a wealth of information on a variety of insurance related topics, but
also to access a competitive array of insurance services that only ebix.com can
provide."
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"Combining our depth of content and insurance relationships with an established
and high quality search engine like AltaVista creates a truly valuable set of
resources for consumers," said Robin Raina, president and CEO, ebix.com Inc.
"This agreement is a great validation of ebix's position as the leading
insurance marketplace."
With its unique market-making model, ebix functions as a non-aligned engine
allowing consumers to buy insurance from a large aggregation of insurance
carriers and agents, without getting involved in commissions. ebix.com is the
largest insurance marketplace online, offering consumers access to over 1,000
agents representing nearly 2,000 different carriers, as well as 30 carriers
quoting direct. Users in all 50 states and the District of Columbia can receive
quotes on seven different lines of insurance: Auto, Home, Health, Life, Dental,
Vision and Long Term Care.
AltaVista Company is the leading search service and information marketplace at
HTTP://WWW.ALTAVISTA.COM, headquarted in Palo Alto, Calif.
ABOUT EBIX.COM:
ebix.com, an HP Enabled E-Service which ebix.com Inc. launched on September 8,
1999, is the only site on the Web to meet the insurance needs of both the
consumer and the insurance professional. ebix.com includes a virtual
marketplace, ebix.mall, where consumers can define their policy coverages and
seek competitive quotes from a number of carriers or agents/brokers in a
timeframe defined by the consumer. This allows consumers to compare prices in a
non-threatening environment and buy insurance online if they so desire.
ebix.com offers consumers access to over 1,000 agents representing nearly 2,000
different carriers, as well as 30 carriers quoting direct. ebix.com also
incorporates powerful and secure business tools for agents/brokers, including
the workflow and management engine ebix.link. ebix.link is currently being
piloted by a number of leading carriers and agents in the United States, drawing
from ebix.com Inc.'s strong business relationships with six of the ten largest
insurance agencies in the world and over 3,000 agencies in the United States.
This workflow engine, launched in January, can save insurance professionals up
to 70 percent in time, energy and costs associated with processing day-to-day
transactions.
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ABOUT EBIX.COM INC.:
Founded in 1976, ebix.com Inc. - formerly known as Delphi Information Systems,
Inc. (NASDAQ: EBIX - news) - is a leading international supplier of software and
Internet solutions to the property & casualty insurance industry. The recent
name change to ebix.com Inc. aligns the identity of the company with its
strategic focus of using the Internet to enhance the way insurance business is
transacted, through solutions that encompass both e-commerce and web-enabled
agency management systems. An independent provider, ebix.com Inc. employs
insurance and technology professionals who provide products, support and
consultancy to over 3,000 customers on six continents. ebix.com Inc. is the only
insurance software provider that offers agency/broker management systems created
by insurance professionals to serve the unique needs of each insurance segment
around the world. ebix.com Inc.'s agency management products feature fully
customizable and scaleable software designed to improve the way insurance
professionals manage all aspects of insurance distribution, including:
marketing, sales, service, accounting and management.
For more information on ebix.com Inc. products and services, call 678-281-2020
or visit the ebix.com Inc. web site at WWW.EBIX.COM.
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