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Quotesmith.com Announces Strategic Alliance With C. Everett Koop's drkoop.com

Quotesmith.com, Inc. (ticker: QUOT, exchange: NASDAQ) News Release - 3/15/1999


Quotesmith.com Announces Strategic Alliance With C. Everett Koop's drkoop.com

DARIEN, Illinois and AUSTIN, Texas (March 15, 1999) -- Quotesmith.com, Inc., a provider of instant insurance quotes from over 300 insurance companies on the Internet, and drkoop.com., today announced an Internet-based strategic alliance under which Quotesmith.com will provide its proprietary high-speed health insurance price comparison technology to the drkoop.com Web site. Led by Dr. C. Everett Koop, former U.S. Surgeon General, drkoop.com offers a comprehensive set of personal health information, news, e-commerce and interactive services to help consumers make better healthcare decisions.

"We are extremely proud to have our instant insurance price comparison service technology and our customer service center facilities become a part of the trusted name of Dr. C. Everett Koop", remarked Quotesmith.com President and founder, Robert Bland. "The positive result of this alliance will be the availability of instant, unbiased individual, family health and Medicare supplemental insurance quotes at drkoop.com. In addition to providing instant quotes for dozens of leading insurance companies at drkoop.com, consumers will also have the freedom and flexibility to apply for coverage from the company of their choice. The result of this strategic alliance will be a health insurance information powerhouse which offers a wide array of instant quotes and useful information for the benefit of every visitor to drkoop.com. We're honored to be chosen as a technology vendor for Dr.Koop's visionary Web site."

Commenting on this alliance, drkoop.com President and CEO, Donald Hackett, said, "The speed, simplicity and unbiased nature of the Quotesmith.com free pricing comparison service fits within our mission to bring technologies to market that will revolutionize the way people manage their healthcare. Our site empowers consumers with a wealth of online information and opportunities to take action, that are not available from any other source. This alliance brings an additional opportunity for consumers to take charge of their own health decisions, including insurance."

About Quotesmith.com

Founded in 1984, Quotesmith.com operates a free insurance price comparison service on the Internet which provides instant auto, life, medical and annuity quotes from over 300 leading insurance companies and allows visitors to purchase insurance from the company of their choice. Quotesmith.com owns and operates the largest insurance pricing databases in America and currently provides quotes for several lines of insurance including automobile, individual and family medical, sole proprietor small business medical, individual term life, final expense whole life, fixed annuities and Medicare supplement insurance.

In addition to providing up-to-the-day accurate policy pricing and coverage information that is not available from any other single source, Quotesmith.com also provides underwriting guidelines and the latest independent ratings from A.M. Best, Duff and Phelps, Moody's, Standard and Poor's and Weiss Ratings, Inc.

In January 1998 Quotesmith.com was named "unquestionably the number one rating service on the Internet, by a very wide Margin" by FBO Newsletter, a Raleigh, North Carolina publication. In its July 1998 issue, Money magazine named Quotesmith.com, the Super-Deal "place to buy insurance online." Also in July, 1998, SmartMoney Interactive, the online arm of SmartMoney magazine, rated Quotesmith.com, "The #1 site for online insurance quotes."

About drkoop.com

The award-winning drkoop.com, a leading Internet healthcare network headquartered in Austin, Texas, offers world-class reference sources for consumers with dedicated channels focused on such topics as Children, Women, Men and Aging Healthy. The site includes the feature "Ask Dr. Nancy", hosted by nationally known medical correspondent, Dr. Nancy Snyderman. The site covers more than 50 health and wellness topics with in-depth content from a variety of distinguished healthcare sources. The Personal DrugstoreTM feature delivers to consumers the most extensive Web-based drug interaction and prescription refill message boards-more than any other dedicated healthcare Web site. Consumers world-wide can empower themselves to make better healthcare decisions by visiting www.drkoop.com

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This communication appears as a matter of information only and is not an insurance solicitation. Accordingly, no employee of Quotesmith.com, Inc. is recommending or endorsing any specific insurance company, coverage or policy type within this communication. Some insurance companies appear at Quotesmith.com for purely informational purposes only and pay no compensation to Quotesmith.com and some insurers pay commissions to Quotesmith.com based upon premium volume. Quotesmith.com is a service mark of Quotesmith.com, Inc. All other names are trademarks of their respective owners. South Dakota agent #333509159, California agent #0827712, #OA13858. CA & UT dba Quotesmith.com Insurance Services. UT #90093. Copyright 1999. All rights reserverd. Quotesmith.com, Inc.

 

At drkoop.com
Donald Hackett, CEO
(888) 795-0998
dhackett@drkoop.com

NKOOP(#6)

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