The motor insurances now being offered by European insurer Ineas complement the existing products - third party liability insurance and buildings and contents insurance - introduced in autumn of this year. Ineas is offering motor third party liability insurance, third party liability and limited own damage cover, as well as fully comprehensive insurance. In addition, the insured can opt to take out passengers’ personal accident insurance and motorists’ legal expenses insurance.

Like the other insurance products which Ineas provides, motor insurance cover can be quickly arranged and easily, since the process is carried out online on the Internet. Ineas is available at any time and from any location for information, queries, claims notification and updates on the progress of claims made. Ineas’s current policy terms and conditions can be called up on the screen and printed.

Visitors to the Ineas site can request a premium calculation at any time for their particular situation. After three years with no claims, Ineas grants its policyholders an additional discount of 5%, which means that the no-claims discount can reach up to 80 per cent. The top no-claims discount of 75% remains unaffected where a policyholder making a claim has had this maximum discount for five years, while policyholders with a voluntary extra excess also receive a premium discount.

In the event of a claim, policyholders can make use of the extensive Ineas Claims Service package, which includes direct assistance via the Ineas Help Desk, free assistance in the case of an accident at home or abroad for which no excess applies, and a surety of up to NLG 100,000 in the case of an accident abroad. In the event of a loss, the policyholder can follow the progress of the claim via the Internet.

Ineas Insurance Company N.V. is a trend-setting, international property and casualty insurer and the first insurance company in Europe set up specifically to make use of the interactive possibilities that the Internet offers. Ineas makes it possible for Internet users to arrange policies themselves interactively, in a simple, straightforward manner. Users can manage their policies on the Ineas site and, in the event of a claim, follow its progress online.

Ineas offers a service which combines efficiency, quality and a competitive price level. The products on offer include buildings and contents insurance, motor insurance and personal liability insurance. Ineas also offers a personalised service to support the decision-making process by providing comprehensive information on personal risk management via the Primes^® site. The address of Ineas’s Dutch site is www.ineas.nl. Ineas will shortly be going online in Germany and Belgium too.

Amsterdam, 13 December 1999