InsuranceBee -- First US Website to Sell Professional Liability (E&O) Insurance Online

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InsuranceBee Inc is the first company in the US to enable professionals to obtain affordable, Professional Liability (Errors & Omissions) insurance quotes in real-time online. For the first time, customers can purchase their coverage and download their policy documents in a single online transaction.

We believe US businesses also deserve the same benefits. We’re very excited to be launching online E&O insurance coverage in the States.

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InsuranceBee Inc is the first company in the US to enable professionals to obtain affordable, Professional Liability (Errors & Omissions) insurance quotes in real-time online.

For the first time, customers can purchase their coverage and download their policy documents in a single online transaction.

The new site, http://www.insurancebee.com, is aimed at independent consulting firms and freelancers - professionals with specific insurance needs that are seldom met by more traditional brokers.

Service and Technology
While new to the US, InsuranceBee’s service reflects the expertise acquired through delivering E&O coverage to more than 15,000 customers in the UK since 1998.
In 2004 InsuranceBee’s affiliate, Blyth Valley Limited, was the first company to offer UK businesses the ability to complete their E&O insurance purchase online.

InsuranceBee customers benefit from extremely competitive premiums, reflecting the extensive experience of our coverage provider, Hiscox Insurance Company, Inc., and the efficiencies made possible by effective use of technology.

The Application Process
InsuranceBee’s online application process is simple – only asking the minimum questions necessary to provide the right coverage for an applicant’s business.

Customers looking for specific advice can speak to one of InsuranceBee’s team of experienced, licensed Advisors, based in InsuranceBee’s headquarters near Boston, MA.

Why Does a Professional Business Need Professional Liability Insurance?
Professional Liability insurance protects a business against claims made by dissatisfied clients. The policy covers the cost of defending claims made against the holder, so that the business does not have to pay lawyers' fees. In addition, if the policyholder is in the wrong, the policy covers damages payable to the claimant.

Theresa Reardon, Managing Producer at InsuranceBee Inc said: “Businesses in the UK have been purchasing their Professional Liability insurance online for years - it’s quick, easy and cost effective.

“We believe US businesses also deserve the same benefits. We’re very excited to be launching online E&O insurance coverage in the States. With a highly qualified team of advisors to support the online application process, we deliver quick, convenient and affordable coverage.”

For more information on InsuranceBee or to purchase Errors and Omission Insurance online, please visit http://www.insurancebee.com.

Notes to editors:
--As of May 26, 2010

As at August 31, 2010, InsuranceBee Inc currently offers Errors and Omissions Insurance in Massachusetts, Pennsylvania, Connecticut, North Carolina, South Carolina, Ohio, Michigan, Indiana, Illinois, Texas, Arizona and California.

In NY business is conducted as InsuranceBee Services.
In MI business is conducted as InsuranceBee Agency, Inc.
In MN business is conducted as InsuranceBee Services.

For further information, please contact:
Ali Cort
Browser Media
001 44 207 099 0945

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Ali Cort

001 44 207 099 0945
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