Priceline.com To Sell Auto Insurance

  Monday, August 7th, 2000 Source: National Underwriter

Looking to capture a large piece of the personal auto insurance pie, property-casualty insurance holding company W.R. Berkley Corp. has linked up with Priceline.com to offer consumers "Name Your Own Price" auto coverage by early next year. The two companies will combine their resources and professional expertise to form a joint venture—Priceline.com Auto Insurance Agency Inc., the firms announced last week in a joint statement. "This is a new venture for us. It’s our first effort on the Internet," said Eugene Ballard, a representative for W.R. Berkley, based in Greenwich, Conn. "The automobile market is a $120 million market. This was a chance for us to get into that marketplace." Mr. Ballard said the company will work with major auto insurance carriers to offer liability, comprehensive and collision coverage in all 50 states via the Internet but had no plans to engage in any underwriting activity.

  Read Full Article
SOS Ladder AssistMid-America Catastrophe ServicesChurchill Claims ServicesSupportive Insurance Services

  Recent Provider Listings

Serving Orange & Surrounding Counties
Florida Contents Inventory And Valuation Services
Serving California & Nevada Statewide
California Adjusters
Serving Florida Statewide
Florida Engineers Forensic Consultants