MovingInsurance.com

MovingInsurance.com Teams With Inter Trans Insurance Services, Inc. to Deliver Online Insurance Services For the Moving and Relocation Industries


Montclair New Jersey, February 11, 2004 – MovingInsurance.com, a pioneering provider of online insurance solutions for the relocation industry, today announced an agreement with Inter Trans Insurance Services, Inc. (ITI,) a Managing General Agent for AIG, to provide consumers with online purchasing of moving insurance products.

Under the terms of the agreement, MovingInsurance.com will sell ITI’s moving insurance products online at www.MovingInsurance.com, and through its affiliates. MovingInsurance.com’s online technology allows individual customers to research, compare and purchase various plans and coverage options online for both domestic and international relocation. MovingInsurance.com’s customers also have a 24/7/365 access to MovingInsurance.com’s online claims center, and to its customer service center, which is staffed with licensed insurance professionals.

MovingInsurance.com helps moving companies, which traditionally devote a considerable amount of resources to settling claims and managing insurance related customer care, by automating the insurance purchasing process and by offering a cost effective alternative to maintaining a claims department. According to MovingInsurance.com, the first of its kind web-based technology will be available for qualified moving companies, while monitoring, in real-time, the loss ratio and claims frequency. The e-commerce application will allow moving companies to offer the MovingInsurance.com platform on their own sites, and will provide an easy access to MovingInsurance.com online resources.

“Relocation ranks as the third most stressful life event,” explains Gadi Binness, CEO of MovingInsurance, LLC. “We want to make the relocation process less stressful by providing top rated moving insurance products through a simple, easy to use online application. We are delighted to team with ITI to change the face of the moving insurance market. We want to not only simplify the insurance purchasing process, but also expand and enhance the selection offered to the moving public.”

“Our partnership with MovingInsurance.com allows us to expand our distribution channels and gain greater exposure," said Frank Limoges, President of ITI. "Together with MovingInsurance.com we will be able to further our commitment to insuring our customers and continue to develop comprehensive insurance solutions for the relocation industry.”


About MovingInsurance.com

MovingInsurance.com is a sophisticated online application, which simplifies the process of buying and selling moving insurance online. This innovative technology allows the consumer to receive a quote, buy and download an actual moving insurance proof of policy at a competitive price from the nation's top insurance providers. MovingInsurance.com is owned by MovingInsurance, LLC, a licensed insurance producer. MovingInsurance.com is headquartered in Montclair, NJ and operates nationwide.


About Inter Trans Insurance Services, Inc.

Established in 1978, ITI provides specialized transit insurance coverage for domestic and international shipments of household goods and personal effects. ITI is currently providing coverage for well over 200 forwarding operations and corporate accounts. ITI is headquartered in Irvine, California, providing insurance services and solutions in North America and around the world.

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