COSTA MESA, Calif., Oct. 11, 2006 (PRIMEZONE) -- iBank.com, America's online small business lending center, announces the launch of its new small business insurance center. iBank.com kick starts the insurance center with a partnership with Insurance and Marketing Management Services (IMMS) founded by insurance industry leader, George Nordhaus.
Small businesses seeking business owner insurance, health and medical insurance, property and casualty insurance, and life insurance can be matched to iBank.com's vast network of small businesses. With just one stop at iBank.com, small business owners can now connect instantly with over 1,200 qualified IMMS insurance members nationwide.
"Small businesses need a fast, dependable way to insure their businesses and other activities ... but don't know where to look. With iBank.com having over 77,000 small businesses seeking business loans each month, this creates a large number of potential insurance clients for our insurance agents. Everybody wins," said Nordhaus, Chairman of IMMS.
Small business can now find the right insurance source instantly to meet their insurance needs using iBank.com's three easy and efficient steps online:
-- First, iBank.com enables the business to scour the web using three
criteria to find only insurance sources who they can connect
directly to for insurance quotes, all for free.
"There is a major benefit for small businesses as well as all 1200
insurance agents. iBank.com's vast small businesses network wants
real-time results and our concern is the user experience. We want
to ensure that both the small business and insurance source
receive a truly desirable repeatable service," said Galen Beasley,
Senior Insurance Development Manager of iBank.com
-- Second, iBank.com enables businesses who can invest just a few
minutes to complete a 16 question pre-qualify form to connect
immediately with qualified insurance sources nationwide. In less
than 3 hours the small business can sit back while iBank.com's
engine does all the work and the insurance sources call the
businesses directly with quotes.
-- Third, for a small fee, iBank.com enables a business to use a
secure vault to upload and store all necessary information for a
professional insurance package, including tax returns, financial
statements, management bios, appraisals, credit reports and
business plans. This vault will allow the small businesses to
pre-populate any one of 30 insurance applications instantly which
can be used by all insurance sources to provide an insurance quote
and insurance policy with a single click.
"We are very pleased to be working with IMMS on this launch and are extremely optimistic for these commercial lines insurance members to get connected in real-time to iBank's enormous small business network. iBank.com has created a simplified, streamlined and standardized way for small businesses to do business with insurance agents anywhere anytime in real-time and IMMS helps us accomplish this goal," said Tom Markel, CEO of iBank.com.
Based in Costa Mesa, Calif., www.iBank.com, America's largest online small business finance engine, connects the small business seeking loans, insurance and capital to a nationwide network of funding, insurance and investor sources. www.iBank.com's commercial loan center has 90 loan programs, over 325 lenders and a capital center connecting to VC capital, Angel investors and private investors. Formed in 1999, www.iBank.com utilizes advanced search engine technology, and secure vault technology for a business to use FinanceSuite. FinanceSuite enables a business to upload and store in a secure online vault financial data, management bios, business plans, appraisals, tax returns and all other materials necessary to pre-populate loan, insurance and investor applications and seamlessly deliver these materials online in a professional organized manner to lenders, insurers, and investors nationwide. FinanceSuite nearly eliminates the old manual paper based, fax and overnight delivery of documents to third parties. The future of small businesses is a click away, www.iBank.com.
The iBank.com logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2919
The Insurance and Marketing Management Services logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2920