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17th December 2007

Holding Company of InsuranceNoodle and InsureVianet Created

posted in insurance companies |

InsuranceVianet poised to review, integrate future business

and expansion opportunities.

A new holding company, InsuranceVianet, has been formed to provide overall guidance and governance of its two subsidiary operations, InsuranceNoodle and InsureVianet.

“In creating InsuranceVianet, the board of directors has solidified the relationship between InsuranceNoodle and InsureVianet and strategically positioned the two companies for future growth,” said Don Urbanciz, InsuranceVianet’s new CEO. “InsuranceVianet is now poised to review and integrate additional business opportunities, such as new joint ventures and acquisitions, that will enhance and expand the online products and services InsuranceNoodle and InsureVianet offer to small businesses and commercial insurance agencies across the continental United States.”

Other newly elected InsuranceVianet officers are Chairman Geoff Kalish ; COO Peter Bothwell; CFO Tim Adelman , and Secretary Kathyrn Emmerson .

In addition, Emmerson and Bothwell were named CEOs of the InsuranceNoodle and InsureVianet subsidiaries, respectively.

About InsuranceNoodle nsuranceNoodle, a Chicago-based insurance e-broker, is the most complete online insurance solution for small business, ensuring comprehensive, tailored coverage at competitive prices. Through a quick and streamlined process, InsuranceNoodle offers agencies and small business owners comparative quotes and online purchasing of products from leading insurers such as AIG, Chubb, Clarendon, The Hartford, Kemper, Philadelphia Insurance Companies, The St. Paul, XL Specialty Insurance and Zurich. Real-time customer service and advice from licensed insurance advisors is available from 7:30 a.m. to 6 p.m., Central Time, Monday through Friday. InsuranceNoodle is licensed in 49 states, reaching over 99% of all small businesses in the U.S. through its extensive national network of independent insurance agencies or via direct access online.

InsureVianet, a division of InsuranceNoodle, Inc., is based in Bloomfield, CT, and provides commercial insurance agents and brokers with fast, convenient online proprietary and innovative small business P&C products, including Employment Practices Liability (EPL) insurance. InsureVianet also offers value-added services that help small business policyholders achieve and maintain compliance with federal and state employment practice regulations, reduce the chance of incidents escalating into costly claims, and assist in creating a productive work environment. InsureVianet’s policies are underwritten by XL Specialty Insurance Company, a member of XL Capital Ltd.

This entry was posted on Monday, December 17th, 2007 at 5:28 am and is filed under insurance companies. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

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