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Press Release Ineas is considered to be first insurer operating exclusively online at insurance trading place einsurance Ineas´ car policy will belong to top insurance products at the insurance comparison list Amsterdam, Nov. 17th, 2000 - first European online insurer, Ineas Insurance Company N.V. and insurance trading place einsurance have interlocked their digital platforms. Integration of Ineas´ product range (www.ineas.de) into the comparison list of einsurance (www.einsurance.de) provides a customer with a further opportunity to bring to close a "real" contract online. Ineas´ product portofolio includes: car and private accident insurance, liability and home content insurance. Ineas´ car insurance has already been implemented into the einsurane comparison list. The combination of these products displays the potential of e-commerce - saving of costs and time. The platforms can be best possible interlocked by using of XML-specifications by both partners. The integration includes not only functions like premium calculation but the internal reporting of both partners as well. Having Ineas´ products in its portfolio, einsurance has got a further car insurer that offers reasonable prices for its product and can keep up with other top products in the ranking on the comparison list. "Autobild", a German periodical, listed Ineas´ car insurance under the ten best products. The decision in favour of insurance was decisively influenced by good critics of the press and customers. Just like Ineas, insurance pays a great attention to easy operating and detailed and general information concerning insurance coverage. "Choosing einsurance, we have made a decision to cooperate with one of the best insurance market places in Germany", says Mr. Wolfgang Franke, a member of the managing board. "Now, we are looking for international operating portal we want cooperate closely with in the days to come." "We are very glad to cooperate with Ineas", says Dr. Heinrich Blase, founder and chairman of einsurance. "We use crawler-technology and as the only online insurance trading place we are able to integrate Ineas´ products in our comparison list and thus offer to customers a higher quality and wider range of products to compare." Ineas Insurance Company N.V. at one sight: Ineas Insurance Company N.V. is one of the former companies that uses internet as an exclusive selling channel. Since October 1999, this online insurer, seated in Amsterdam, offers its product range and services in the Netherlands. Internet users have the opportunity to bring online contract to a close, in Belgium since February, in Germany since March this year. The launching of the car insurance products followed in France in summer this year. Later on, Ineas will expand its activities in other European countries. Mr. Niek Ligtelijn from the Netherlands, founded Ineas in 1998 as a holding company in which participated leading companies of the international financing. These assure a solid financial basis and deep expertise. Ineas´ product range includes today areas of car, private liability, accident, home content and house insurance. To einsurance: einsurance as an insurance market place offers the biggest number of insurance comparisons. einsurance also provides customers with insurance brokerage, that is all sorts of information concerning insurance - demand analysis, actual reports, independent and detailed comparison of price and services and in many cases also the possibility to sign directly an online contract. 15o insurers and about 190 statutory health insurers offer their products on the comparison list. einsurance list includes coverage products for: car, personal liability, home content, personal and statutory health insurance, travel, risk-life insurance, capital-life, disability, personal pension, personal accident, apartment house and legal costs insurance. Among the cooperation partners are: the strategically important Consors, the search engines Lycos, Fireball and Infoseek, finanicial portals Aktienchek and finanzen.net, automobile portals FairCar, Autokonzept, Autouniversum, autoinfo.de and kfz.de and the general interest portal Online Today. Since September operates einsurance in Switzerland as einsurance.ch. The company planes stock exchange trading in 2001. Press department - contact: Maisberger & Partner Norbert Waibel Bayerstraße 33 D-80335 München Tel.: 089 – 530738 –37 Fax: 089 – 530738 –50 norbert.waibel@einsurance.de
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