Insurepoint Signs Agreement with Niku Corp.

June 20, 2000

Atlantic Mutual Insurance Companies’ web site, InsurePoint, has signed a licensing agreement with Niku Corp., a leading provider of Internet solutions for the sourcing, management and delivery of professional services.

The agreement establishes InsurePoint as an endorsed business insurance vendor for members. Under the agreement, Niku named InsurePoint as its business provider for its iNiku members. InsurePoint will develop and manage sales and customer services related to selling/servicing all types of property and casualty insurance products through the Niku “Insurance Center.” is an online business portal featuring applications, content, services and communities for doing business on the Internet. The site has more than 100,000 individual professionals and small businesses registered as members. InsurePoint is a full-service, online storefront offering business insurance for small high-tech firms. The site launched in 1997 in California and is now available in 30 states.

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