The following press release includes information about content, features, products, partnerships or other company news pertaining to QuickQuote Financial, Inc. or the QuickQuote.com Web site as of the date of the press release. Such information may or may not be currently applicable to QuickQuote Financial, Inc. or the QuickQuote.com Web site.
FOR IMMEDIATE RELEASE
Reno, NV & Sacramento, CA - QuickQuote Financial Inc. and PoageCenter Insurance Services have announced the completion of the insuranceindustry's first integration project by which the industry standard "PDQSystem" utilized by Poage Center can relay data to QuickQuote's Internet-based Virtual Case Management Module (VCM).
The project, which was completed in cooperation with First Colony InsuranceCompany's PDQ (Policy Data Quickly) Division, Poage Center and QuickQuote,enables insurance case management data being generated by PDQ to seamlesslyintegrate to QuickQuote's Internet based VCM.
According to QuickQuote President Daniel P. Wager, "In essence, allof QuickQuote's online customers and distribution channels, such as financialinstitutions and CyberAgents™ will have full, online accessof case statuses, when the data has been generated through the PDQ system.To our knowledge, this is the first time an industry-standard case managementprogram, such as PDQ, has been integrated to the Internet."
"The integrated product provides online updates electronically for themajority of the insurance carriers we represent," Wager added. "This willcreate a more efficient means of processing and displaying data to anyQuickQuote customer or affiliate worldwide."
Poage Center Insurance Services President Robert Poage, Jr. said, "PDQis an aggregator of information from some 160 life insurance carriers andallows us to quickly obtain case status information to better manage ourcases. That results in a higher placement ratio of insurance policies."
"We have incorporated the PDQ system into our operation for more than15 years and we are extremely happy that we can now provide this dependableand proven system on the Internet through QuickQuote's VCM," Poage added.
QuickQuote's VCM is three years in the making and is a 100% Internet-basedcase management and reporting system incorporating the Oracle 7 database.Future versions of the VCM will incorporate full online commission accounting.
QuickQuote Financial Inc., based in Reno, NV, is a pioneer in the Internet-basedmarketing and distribution of life insurance and annuity products. Thecompany developed the Web's first, online, interactive insurance comparisonand purchasing service in 1995.
Poage Center Insurance Services of Sacramento, CA, is the largest insurancebrokerage in Northern California with a 30-year business history. The Centerrepresents more than 30 insurance carriers and specializes in serving anationwide independent insurance agent community with a variety of insuranceproducts, marketing, sales and administrative programs.
QuickQuote and Poage entered into a marketing and insurance productdistribution alliance in February 1998.