eLEC Communications Corp.’s Affiliate, RiderPoint, Inc., Signs Agreement with Mendota
RiderPoint, Inc., an affiliate of eLEC Communications Corp.Announced today the addition of Mendota Insurance Company into its online comparative insurance rater, RiderPoint IQ. The rater, located at www.riderpoint.com, provides consumers with the ability to comparatively shop for and buy their insurance at one location, without the hassles traditionally associated with purchasing specialty insurance. The design and format of the product allows independent insurance agents to have access to specialty lines and multiple carriers instantly, over the Internet.
“Mendota has excellent motorcycle and personal watercraft policies, and by representing Mendota and other specialty insurance carriers, in essence we are scouring the entire market for the best insurance products available in order to make them easily accessible through our website,” stated Vince Razete, President of RiderPoint’s Insurance Division. “We are being very aggressive with specialty insurance marketing, and it is this type of aggressiveness that attracts excellent companies like Mendota. Only through partnerships with national and regional carriers can we provide the depth of choice and access that are required by the consumers of the 21st century.”
“We are excited about our relationship with RiderPoint,” stated Larry Johnson, Motorcycle Product Manager for Mendota Insurance Company. “All of our independent agents have had access to our cycle and watercraft products, but by partnering with RiderPoint we have the opportunity to amplify our products throughout our current markets and avoid direct writing mechanisms that are adverse to our independent agency distribution system.”
eLEC Communications Corp. is a publicly traded local telecommunications company that is taking advantage of the convergence of the current and future competitive technological and regulatory developments in the Internet and telecommunications markets through the integration of its telecommunications and Internet services. The company provides an integrated suite of communications services to small and medium-sized business customers, including local, long distance, dial-up access, dedicated access, and Web site design and hosting, and has served as an incubator for emerging growth companies in the telecom and Internet sector.
This release contains forward-looking statements that involve risks and uncertainties. The Company’s actual results may differ materially from the results discussed in the forward-looking statements. Factors that might cause such a difference include, among others, availability of management; availability, terms, and deployment of capital; the Company’s ability to successfully market its services to current and new customers, generate customer demand for its product and services in the geographical areas in which the Company can operate, access new markets, negotiate and maintain suitable reseller and interconnection agreements with the incumbent local exchange carriers, and negotiate and maintain suitable vendor relationships, all in a timely manner, at reasonable cost and on satisfactory terms and conditions, as well as regulatory, legislative and judicial developments that could cause actual results to vary in such forward-looking statements.
This communication appears as a matter of information only and is not an insurance solicitation. Accordingly, no employee of eLEC Communications Corp, RiderPoint, Inc. or RP Insurance Agency, Inc. is recommending or endorsing any specific insurance company, coverage or policy type within this communication. Insurance companies appear at RiderPoint.com for purely informational purposes and pay commissions or fees based upon premium volume or traffic activity produced by Riderpoint.com. RP Insurance Agency. Quote availability by state of residence or any other factor is subject to change without notice.