Posted on 28 Feb 01
SANTA ANA, Calif.--InsureTrade.com, strategically alignedwith ProgramBusiness.com, announced today the enrollment of the ObermanCompanies of White Plains, New York. The Oberman Companies are an 80-year-oldregional insurance agent and broker. In addition to its employee benefits andfinancial planning services, Oberman specializes in lines of coverage for realestate businesses, manufacturers, and synagogues.
"Stuart Oberman understands our businessmodel," says Jeff Snider, chairman of InsureTrade. "As a result, theOberman Companies will use our database messaging capabilities to secure andstreamline their communications with policyholders and carriers. And they'll useour Trading Floor to maximize market-reach on behalf of their long-termcustomers."
"We view InsureTrade as an elegant workflowsolution because insurance companies are not inter-connected through anycommunication infrastructure that broadly facilitates the communication burdenof the producer," says Stuart Oberman, president of the Oberman Companies."All agents live with this; but in recent years, more and more carriershave come to view this fact of life as their opportunity to go direct to thepolicyholder."
"InsureTrade provides the infrastructure -- costeffectively -- so we now have the ability to communicate across multiple marketseasily, without brokering the carrier," Oberman goes on to say. "Bymaking the communication process easy, InsureTrade helps to keep thenon-decision-making tasks of our business in perspective. As a result, there ismore time to focus on relationships and the content of each placement."
"We also intend to use InsureTrade to communicatewith our policyholders and internally throughout our offices," adds Oberman."We like the idea that our customers can access us 24/7."
InsureTrade.com is a subscription-based, Internetcommunication infrastructure that facilitates property and casualty insurancetransactions. InsureTrade connects all parties involved by linking agencies andcarriers directly, securely, and efficiently; increasing opportunities forbusiness in niche markets; ensuring exclusive access to specialty premium flow;preserving the role of the agent in the distribution channel; and givingpolicyholders one online record-set for all of their commercial and personalinsurance information. The company is a member of the IIAA's Agents Council onTechnology (ACT). Its headquarters are located at 3501 Harbor Boulevard, Suite200, Santa Ana, CA 92704-6914. For more information visit http://www.insuretrade.com