First Capital to Sell Insurance Policies Online

June 6, 2000

First Capital International, a Delaware-based company headquartered in Houston, has signed an agreement with Specialty Risk International to offer customized insurance products to international travelers.

“This is a great opportunity to increase traffic and revenue streams from our sites,” said Alex Genin, president and CEO of First Capital International. The agreement will add value to sites marketed predominantly in Central and Eastern Europe, as well as to the company’s travel site. As a part of its “Internet Incubator” concept, the company seeks to acquire advanced e-commerce companies in Central and Eastern Europe to build the company’s infrastructure in these regions. First Capital recently acquired a regional Internet servicer provider in Estonia-Anet Eesti Ltd., formerly known as AS Mainor ANET.

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