QuickenInsurance (www.QuickenInsurance.com), the online insurance marketplace from Intuit Inc. (NASDAQ: INTU), announced today that Hartford Life, Ohio Casualty Group and AFLAC have signed-on to offer small business insurance policies to the more than 6.3 million small businesses in the U.S. today. Small business owners across the country can now utilize the convenience and speed of the Internet to shop for insurance and access more information for both their business and their employees.
"QuickenInsurance is uniquely qualified to create and deliver innovative and cost-effective new tools and services to small business owners via the Internet," says Steven Aldrich, President of Intuit Insurance Services Inc. "For more than 15 years Intuit has enabled small business owners to better manage their finances with Quicken® and QuickBooks® software. By leveraging QuickenInsurance's expertise, small businesses across the country will finally benefit from convenient, comprehensive online insurance services specially designed to meet the needs of small businesses."
Comprehensive Online Group Insurance for Small Businesses
Hartford Life, Inc. (NYSE: HLI), through its subsidiaries, Hartford Life and Accident Insurance Co. and Hartford Life Insurance Co., will offer small business insurance packages and information for group term life as well as group short- and long-term disability insurance coverage through QuickenInsurance. To receive policy information, small business owners need only answer a few simple questions, such as how long they have been in business, number of employees and their preferred time to be contacted by a company representative to complete the policy application process.
Doug Ahn, Vice President and Director of Hartford Life's Priority Accounts unit, said, "Many small firms cannot offer their employees valuable group life and disability insurance because they don't have easy access to coverage or they believe it will be an expensive employee benefit. By partnering with Intuit's QuickenInsurance web service, Hartford Life can use the Internet as a marketing and informational tool and open a new door to approach this under-penetrated market segment."
QuickenInsurance now also provides extensive information about supplemental health insurance policies from AFLAC via QuickenInsurance. Supplemental health policies can enhance company benefits packages by providing employees with additional choices for coverage. Detailed AFLAC product and contact information is provided on the site.
Helping Small Businesses Choose the Right Policy for their Needs
Ohio Casualty Corporation (NASDAQ: OCAS), through its subsidiary Ohio Casualty Group, will also be offering Business Owner's Policies and Workers Compensation coverage through QuickenInsurance. Ohio Casualty Group's free small business insurance needs-analysis can help owners determine how best to protect their business and employees. Owners can then request to speak with a company representative to finalize their coverage.
In addition to access via the QuickenInsurance Web site, a small business insurance center will also be featured at Intuit's Quicken.com (http://www.quicken.com), as well as through Excite (http://www.excite.com) and America Online [keyword: Insurance].
Intuit's introduction of QuickenInsurance small business services is the newest addition to Intuit's convenient set of small business tools and services. The company also offers QuickBooks, the leading accounting software for small business, TurboTax® for Business and payroll services that take the hassle out of tax preparation and payroll administration.
