SAN FRANCISCO, Sept. 27, 2011 /PRNewswire/ -- Esurance, the
direct-to-consumer personal car insurance company, today announced
that it made this year's InformationWeek 500, an annual listing of
the nation's most innovative users of business technology.
(Logo:
http://photos.prnewswire.com/prnh/20090826/ESURANCELOGO)
This was Esurance's first time on the list and was recognition
of the strides the company has made in offering innovative
technology, and in particular, improving the mobile experience for
its customers.
"It's an honor for Esurance to be named to the 2011
InformationWeek 500. This recognition is a testament to the great
work our team is doing in creating mobile device innovations that
help simplify the car insurance process for customers," said
Esurance Chief Information Officer Phil
Swift. "Customers want more choices in how they interact
with their car insurance companies, and our aim is to provide new
mobile capabilities and outstanding service for them, wherever they
are, and in the manner they choose."
Esurance continues to implement new mobile technology to meet
the demand of consumers. The company has a dedicated mobile site
and offers free apps, giving consumers the ability to manage their
policies, make payments, and monitor claims. The company will soon
roll out new accident and emergency services for iPhone® and
Android™ devices that will allow customers to use their mobile
devices to automatically initiate the claims process once an
accident is reported.
"For 23 years, the InformationWeek 500 has chronicled and
honored the most innovative users of business technology," said
InformationWeek Editor in Chief Rob
Preston. "In this day and age, however, being innovative
isn't enough. Companies and their IT organizations need to innovate
faster than ever before to stay a step or two ahead of their
customers, partners, and competitors. This year's ranking placed
special emphasis on those high-octane business technology
innovators."
InformationWeek identifies and honors the nation's most
innovative users of information technology with its annual 500
listing and also tracks the technology, strategies, investments,
and administrative practices of America's best-known companies. Top
winners have included: The Vanguard Group, CME Group, Conway,
National Semiconductor, Kimberly-Clark, Hilton Hotels, and Unum.
The InformationWeek 500 rankings are unique among corporate
rankings as it spotlights the power of innovation in information
technology, rather than simply identifying the biggest IT spenders.
Additional details on the InformationWeek 500 can be found
online at www.informationweek.com/iw500/.
iPhone is a registered trademark of Apple, Inc. registered in
the U.S. and other countries.
Android is a trademark of Google, Inc. and use of this trademark
is subject to Google Permissions.
About Esurance®
Esurance, a subsidiary of White Mountains Insurance Group, Ltd.
(NYSE: WTM), provides personal auto insurance direct to consumers
online and through select agents, including sister company, Answer
Financial. Esurance is dedicated to constantly improving the way
people shop for, buy, and manage their auto insurance. By combining
the best of technology with industry know-how, Esurance is able to
offer hassle-free coverage with 24/7 customer service and claims
handling at competitive prices.
Through Esurance's website, www.esurance.com, customers can get
instant car insurance quotes, view comparison quotes, buy an
Esurance policy, and print their insurance cards — all in minutes.
Esurance also offers policyholders the ability to make policy
changes and file claims instantly online, demonstrating its
commitment to improving the entire insurance process from quote to
claim.
Answer Financial, also a subsidiary of White Mountains, is one
of the largest independent personal lines insurance agencies in the
country. Answer Financial offers comparison quotes and provides
auto and property insurance from more than a dozen top-rated
insurance companies through its website, www.answerfinancial.com,
and over the phone. In May 2011,
White Mountains announced that it signed a definitive agreement to
sell Esurance and Answer Financial to The Allstate Corporation
(NYSE: ALL), the nation's largest publicly held personal lines
insurer. The transaction is subject to regulatory and other
customary closing conditions, including review by antitrust
authorities and state regulators and is expected to close in the
fall of 2011.
About InformationWeek Business Technology Network
(http://www.informationweek.com/)
The InformationWeek Business Technology Network provides IT
executives with unique analysis and tools that parallel their work
flow—from defining and framing objectives through to the evaluation
and recommendation of solutions. Anchored by InformationWeek, the
multimedia powerhouse that looks across the enterprise, the network
scales across the most critical technology categories with online
properties like DarkReading.com (security), NetworkComputing.com
(networking and communications) and BYTE (consumer technology). The
network also provides focused content for key IT targets, such as
CIOs, developers, and SMBs via InformationWeek Global CIO, Dr.
Dobb's and InformationWeek SMB, as well as vital vertical
industries with InformationWeek Financial Services, Government and
Healthcare sites. Content is at the nucleus of our information
distribution strategy—IT professionals turn to our experts and
communities to stay informed, get advice and research technologies
to make strategic business decisions.
SafeHarbor Statement under the Private Securities Litigation
Reform Act of 1995
This press release may contain "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. All statements,
other than statements of historical facts, included or referenced
in this release which address activities, events or developments
which we expect or anticipate will or may occur in the future are
forward-looking statements. The words "will," "believe," "intend,"
"expect," "anticipate," "project," "estimate," "predict" and
similar expressions are also intended to identify forward-looking
statements. These forward-looking statements include, among others,
statements with respect to White Mountains':
- changes in adjusted book value per share or return on
equity;
- business strategy;
- financial and operating targets or plans;
- incurred losses and the adequacy of its loss and loss
adjustment expense reserves and related reinsurance;
- projections of revenues, income (or loss), earnings (or loss)
per share, dividends, market share or other financial
forecasts;
- expansion and growth of our business and operations; and
- future capital expenditures.
These statements are based on certain assumptions and analyses
made by White Mountains in light of its experience and perception
of historical trends, current conditions and expected future
developments, as well as other factors believed to be appropriate
in the circumstances. However, whether actual results and
developments will conform to our expectations and predictions is
subject to a number of risks and uncertainties that could cause
actual results to differ materially from expectations,
including:
- the risks associated with Item 1A of White Mountains' 2010
Annual Report on Form 10-K;
- claims arising from catastrophic events, such as hurricanes,
earthquakes, floods or terrorist attacks;
- the continued availability of capital and financing;
- general economic, market or business conditions;
- business opportunities (or lack thereof) that may be presented
to it and pursued;
- competitive forces, including the conduct of other property and
casualty insurers and reinsurers;
- changes in domestic or foreign laws or regulations, or their
interpretation, applicable to White Mountains, its competitors or
its clients;
- an economic downturn or other economic conditions adversely
affecting its financial position;
- recorded loss reserves subsequently proving to have been
inadequate;
- actions taken by ratings agencies from time to time, such as
financial strength or credit ratings downgrades or placing ratings
on negative watch;
- other factors, most of which are beyond White Mountains'
control.
Consequently, all of the forward-looking statements made in this
press release are qualified by these cautionary statements, and
there can be no assurance that the actual results or developments
anticipated by White Mountains will be realized or, even if
substantially realized, that they will have the expected
consequences to, or effects on, White Mountains or its business or
operations. White Mountains assumes no obligation to publicly
update any such forward-looking statements, whether as a result of
new information, future events or otherwise.
SOURCE Esurance