For Immediate Release
CONTACT:
Business Risk Partners
Joins the WideLines Marketplace
New York, NY, January 30, 2001 – WideLines, LLC, today, announced that
Business Risk Partners has joined its Web-based commercial insurance
marketplace. Business Risk Partners specializes
in Professional Liability, or E&O, insurance protection.
Through the WideLines Marketplace,
Business Risk Partners will provide E&O protection to service firms
operating in over 150 industry segments including: insurance, legal services,
real estate, employment, financial, technology, advertising, public relations,
media, marketing and travel.
"WideLines is run by industry
professionals who understand the insurance distribution process," said Lisa
Doherty, President of the Suffield, Connecticut based Business Risk
Partners. "Using WideLines' cutting
edge technology, Business Risk Partners will benefit from the efficiencies of
an online marketplace for agents and brokers."
"Business Risk Partners has a team of
extremely talented underwriting and claims personnel that provide tailored
professional liability insurance protection and maintain continuity throughout
the claims process," said Tim Steele, Vice President of Business Development at
WideLines. "They have a proven track
record of providing excellent service to agents and insureds."
About Business Risk Partners
Business Risk Partners (www.businessriskpartners.com)
specializes in providing professional liability insurance protection through
agents and brokers. Their mission is to
transform the delivery of professional liability insurance through
state-of-the-art Web technology, innovative solutions for specialized risk
exposures and excellent customer service. Backed by Lloyd’s an internationally recognized leader in specialty
insurance coverage, Business Risk Partners expects to rollout other specialty
insurance products over the next 24 months.
About WideLines, LLC
WideLines, LLC (www.widelines.com) is an XML-based
commercial insurance marketplace that connects agents and brokers with
underwriters and licenses its technology to underwriters on an ASP basis. Based in New York City, and with offices in
Hartford and Philadelphia, WideLines, LLC provides technology solutions to the
commercial insurance industry through a dedicated staff of insurance and
information technology professionals. WideLines exclusively licenses its XML technology from XML Industries,
LLC (www.xmlindustries.com),
a technology development company that creates XML-based software for the
insurance, financial services and related industries. Both WideLines, LLC and XML Industries, LLC are owned by M31
Venture Fund, LP, an investment fund capitalized by Leonard N. Stern, Chairman
of The Hartz Group.
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