Ohio Casualty Group Joins Intuit's Quicken InsureMarket
11 January 1999
Ohio Casualty Group Joins Intuit's Quicken InsureMarket
MOUNTAIN VIEW, Calif.--Jan. 11, 1999--New Carrier To Provide More Real-Time Quotes, Convenient Online
Purchase Options For Leading Online Auto Insurance Service
Intuit Inc. announced today that its Quicken InsureMarket(R) service (http://www.insuremarket.com) will feature real-time auto insurance rate quotes and online purchase options for drivers in 24 states from Ohio Casualty Group .
"The addition of Ohio Casualty Group continues the rapid expansion of the Quicken InsureMarket auto service," says Steven Aldrich, president of Intuit Insurance Services, Inc. (IIS). "By offering drivers a true online insurance marketplace where they can complete one form to receive quotes from many different insurers -- with convenient options for completing the transaction and acquiring coverage -- Quicken InsureMarket is providing the most advanced Internet insurance service available."
By spring of 1999, Ohio Casualty Group expects to offer real-time auto insurance rate quotes and online purchase options through the Quicken InsureMarket site. These services will be available to drivers in 24 states. More information about the services and coverages the company offers is available on the Quicken InsureMarket Web site or at the Ohio Casualty Group Web site (http://www.ocas.com).
"As a featured insurance carrier on the popular Quicken InsureMarket site, Ohio Casualty Group is continuing its efforts to lead the insurance industry in providing online services," notes Senior Vice President Bill Minor, who heads the company's Marketing Department.
Quicken InsureMarket provides real-time auto insurance rate quotes in 25 states, with more than 75 percent of the nation's drivers. Online purchase services are offered in 16 states. Ohio Casualty will allow Quicken InsureMarket to enhance services already offered in a number of states and expand services into several new states.
Quicken InsureMarket is the leading insurance site on the Internet, with participation from major, national insurance carriers, and the ability to offer real-time rate quotes and online payment options, which can speed the process of buying insurance. The full-service site also features a library of educational material so consumers can learn more about insurance, as well as interactive insurance planning tools and information from independent insurance experts. Visitor traffic at Quicken InsureMarket has expanded rapidly, reaching 4 million unique sessions as of October 31, 1998, which is four times greater than the 1 million sessions for 1997 as a whole.
Intuit's IIS subsidiary or its designated employees are licensed as insurance agents for life and health in 50 states and Washington, D.C., and as agents for property and casualty in 50 states and Washington, D.C. IIS also associates with licensed resident agents in those states where insurance transactions must be conducted with or through resident agents.
Quicken InsureMarket is part of Quicken.com (http://www.quicken.com), which provides individuals with information and software tools to help them make better financial decisions. It then provides links to leading financial service providers so consumers can implement those decisions more conveniently than ever. Quicken.com content is also offered at some of the most widely accessed sites on the Internet, as the exclusive provider of personal financial tools on such sites as CNNfn (http://www.cnnfn.com/quickenonfn) and Excite (http://quicken.excite.com). Quicken InsureMarket is also a primary source of content and programming on the Insurance Center on America Online (keyword: Insurance).
About Ohio Casualty
On December 1, 1998, a subsidiary of Ohio Casualty Group completed the acquisition of substantially all of the Commercial Lines Division of Great American Insurance Company. This acquisition places Ohio Casualty Group within the top 40 property and casualty insurance groups within the United States. The combined organization offers businesses and individuals a range of property-casualty products. Ohio Casualty Group is active in more than 40 states, operates primarily through the independent agency system, and has assets of approximately $5 billion.
About Intuit
Intuit Inc., a financial software and Web-based services company, develops and markets Quicken, the leading personal finance software; TurboTax, the best-selling tax preparation software; and QuickBooks, the most popular small business accounting software. Intuit's Quicken.com (www.quicken.com) offers a complete set of personal finance news, information, and tools, including the leading mutual fund and insurance sites. Intuit's products and services enable individuals, small businesses, and financial professionals to better manage their financial lives and businesses.
Intuit, the Intuit logo, Quicken, InsureMarket, QuickBooks, QuickBooks Pro, TurboTax, MacInTax and ProSeries, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries. Quicken.com, BankNOW, QuickenMortgage and Quicken Financial Planner, among others, are trademarks and/or service marks of Intuit Inc., or one of its subsidiaries, in the United States and other countries. Other parties' trademarks or service marks are the property of their respective owners and should be treated as such.
