VerticalNet is a leading Internet portfolio of business-to-business trading communities. Insurity Solutions is a provider of e-commerce commercial insurance software applications.
Under the terms of the agreement, Insurity Solutions has entered into an extended contract to serve as a provider of VerticalNet’s insurance rating software, engineered to provide pricing and thus facilitate the sale of insurance products to the VerticalNet audience, while broadening Insurity Solution’s own expanding customer base.
Insurity Solutions’ applications will be an integral component of VerticalNet’s plan to offer its audience selection from the following lines of business insurance: workers’ compensation, business owners policies, umbrella, director and officers and fiduciary liability, fidelity and commercial auto.
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