December, 2006
Insurance Center

A Big win for small businesses and insurance agents nationwide as iBank.com Partners with IMMS

Small businesses can now access Insurance and Marketing Management Services (IMMS) 1,200 insurance agents through iBank.com’s search engine.

iBank.com, America’s online small business lending center announces the launch of its new small business insurance center. iBank.com kick starts the insurance center with a partnership with Insurance and Marketing Management Services (IMMS) founded by insurance industry leader, George Nordhaus.

Small businesses seeking business owner insurance, health and medical insurance, property and casualty insurance, and life insurance can be matched to iBank.com’s vast network of small businesses. With just one stop at iBank.com, small business owners can now connect instantly with over 1,200 qualified IMMS insurance members nationwide.

"Small businesses need a fast, dependable way to insure their businesses and other activities....but don't know where to look. With iBank.com having over 77,000 small businesses seeking business loans each month creates a large number of potential insurance clients for our insurance agents. Everybody wins", said Nordhaus, Chairman of IMMS

Small business can now find the right insurance source instantly to meet their insurance needs using iBank.com’s three easy and efficient steps online:

·  First, iBank.com enables the business to scour the web using three criteria’s to find only insurance sources who they can connect directly to for insurance quotes all for free.

“There is a major benefit for small businesses as well as all 1200 insurance agents. iBank.com’s vast small businesses network want real-time results and our concern is the user experience. We want to ensure that both the small business and insurance source receive a truly desirable repeatable service,” said Galen Beasley, Senior Insurance Development Manager of iBank.com

·  Second, iBank.com enables businesses who can invest just a few minutes to complete a 16 question pre-qualify form to connect immediately with qualified insurance sources nationwide. In less than 3 hours the small business can sit back while iBank.com’s engine does all the work and the insurance sources call the businesses directly with quotes.

and…

· Third, for a small fee, iBank.com enables a business to use a secure vault to upload and store all necessary information for a professional insurance package, including tax returns, financial statements, management bios, appraisals, credit reports and business plans. This vault will allow the small businesses to pre-populate any one of 30 insurance applications instantly which can be used by all insurance sources to provide an insurance quote and insurance policy with a single click.

“We are very pleased to be working with IMMS on this launch and are extremely optimistic for his commercial lines insurance members to get connected in real-time to iBank’s enormous small business network.  iBank.com has created a simplified, streamlined and standardized way for small businesses to do business with insurance agents anywhere anytime in real-time and IMMS helps us accomplish this goal,” said Tom Markel, CEO of iBank.com


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