SlideShare a Scribd company logo
1 of 2
Download to read offline
Homesite Insurance Introduces Home Insurance Products to
Consumers in Indiana.
Insurer Now Doing Business in 21 States
BOSTON, April 17 /PRNewswire/ --
Homesite Insurance in Boston, Mass., announced today that it will begin offering its homeowners,
condominium and renters insurance products to consumers in Indiana. This announcement marks
Homesite's expansion into 21 states. By offering insurance in Indiana, Homesite moves one step
closer to its goal of providing comprehensive, low- cost insurance to property owners and renters
across the country.
Focusing exclusively on the homeowners market, Homesite has concentrated on addressing
problems long associated with the U.S. homeowners insurance business: high fixed costs, limited
distribution channels, and minimal technological innovation. Homesite's products are available
through a variety of direct and intermediary channels and are distributed through call centers, the
Internet and proprietary channels. Homesite continues to bring cutting- edge technology, innovative
marketing and distribution strategies, and expertise in catastrophe management to the homeowners
business. As a result, Homesite can provide Indiana consumers - and consumers across the country -
with quality insurance products, outstanding customer service and low premiums. For a free
homeowners or renters insurance quote, please visit us at www.homesite.com or call to speak to a
licensed insurance specialist at 1- 800-Homesite.
Formed in 1997, Homesite Group Inc. was launched in 1999 with equity commitments of more than
$200 million from an investment group led by Morgan Stanley Dean Witter Private Equity, the
private equity business of Morgan Stanley Dean Witter (NYSE: MWD). Since its founding 15 years
ago, Private Equity has managed funds that have invested $4 billion in more than 160 companies
around the world. Morgan Stanley Dean Witter Private Equity manages a group of funds that invest
in technology companies with a focus on e- commerce, data communications, Internet infrastructure
and information technology services.
COPYRIGHT 2001 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the
copyright holder.
Copyright 2001 Gale, Cengage Learning. All rights reserved.

More Related Content

Similar to Homesite Insurance Introduces Home Insurance Products to Consumers in Indiana.

i bytes Insurance Industry
i bytes Insurance Industryi bytes Insurance Industry
i bytes Insurance IndustryEGBG Services
 
I Bytes Banking Industry
I Bytes Banking IndustryI Bytes Banking Industry
I Bytes Banking IndustryEGBG Services
 
Idbi federal life insurance co ltd.
Idbi federal life insurance co ltd.Idbi federal life insurance co ltd.
Idbi federal life insurance co ltd.ani261090
 
Insurance Innovation Award-BEY MGA Inc.
Insurance Innovation Award-BEY MGA Inc.Insurance Innovation Award-BEY MGA Inc.
Insurance Innovation Award-BEY MGA Inc.The Digital Insurer
 
Assurant Footprint
Assurant Footprint Assurant Footprint
Assurant Footprint Bashar Omar
 
Homes.com qs 2014_mortgage_integration
Homes.com qs 2014_mortgage_integrationHomes.com qs 2014_mortgage_integration
Homes.com qs 2014_mortgage_integrationRoss Yader
 
I-Bytes Banking Industry
I-Bytes Banking IndustryI-Bytes Banking Industry
I-Bytes Banking IndustryEGBG Services
 
Building an insurance startup with Alan, Luko, Coverd & Balderton
Building an insurance startup with Alan, Luko, Coverd & BaldertonBuilding an insurance startup with Alan, Luko, Coverd & Balderton
Building an insurance startup with Alan, Luko, Coverd & BaldertonTheFamily
 
Pi2 2010 Jim Venezia Press Release
Pi2 2010 Jim Venezia Press ReleasePi2 2010 Jim Venezia Press Release
Pi2 2010 Jim Venezia Press Releasejjvenezia
 
Legal Shield Is The Future!
Legal Shield Is The Future!Legal Shield Is The Future!
Legal Shield Is The Future!mashund
 
I-Bytes Banking Industry
I-Bytes Banking IndustryI-Bytes Banking Industry
I-Bytes Banking IndustryEGBG Services
 
Enservio Partners with Security First Insurance to Streamline the Claim Payme...
Enservio Partners with Security First Insurance to Streamline the Claim Payme...Enservio Partners with Security First Insurance to Streamline the Claim Payme...
Enservio Partners with Security First Insurance to Streamline the Claim Payme...flashnewsrelease
 

Similar to Homesite Insurance Introduces Home Insurance Products to Consumers in Indiana. (20)

i bytes Insurance Industry
i bytes Insurance Industryi bytes Insurance Industry
i bytes Insurance Industry
 
I Bytes Banking Industry
I Bytes Banking IndustryI Bytes Banking Industry
I Bytes Banking Industry
 
Idbi federal life insurance co ltd.
Idbi federal life insurance co ltd.Idbi federal life insurance co ltd.
Idbi federal life insurance co ltd.
 
Business Plan
Business PlanBusiness Plan
Business Plan
 
Insurance Innovation Award-BEY MGA Inc.
Insurance Innovation Award-BEY MGA Inc.Insurance Innovation Award-BEY MGA Inc.
Insurance Innovation Award-BEY MGA Inc.
 
Assurant Footprint
Assurant Footprint Assurant Footprint
Assurant Footprint
 
Homes.com qs 2014_mortgage_integration
Homes.com qs 2014_mortgage_integrationHomes.com qs 2014_mortgage_integration
Homes.com qs 2014_mortgage_integration
 
PIU Credentials
PIU CredentialsPIU Credentials
PIU Credentials
 
Marketing plan
Marketing planMarketing plan
Marketing plan
 
I-Bytes Banking Industry
I-Bytes Banking IndustryI-Bytes Banking Industry
I-Bytes Banking Industry
 
Building an insurance startup with Alan, Luko, Coverd & Balderton
Building an insurance startup with Alan, Luko, Coverd & BaldertonBuilding an insurance startup with Alan, Luko, Coverd & Balderton
Building an insurance startup with Alan, Luko, Coverd & Balderton
 
Pi2 2010 Jim Venezia Press Release
Pi2 2010 Jim Venezia Press ReleasePi2 2010 Jim Venezia Press Release
Pi2 2010 Jim Venezia Press Release
 
Nonprofit Overview
Nonprofit OverviewNonprofit Overview
Nonprofit Overview
 
Legal Shield Is The Future!
Legal Shield Is The Future!Legal Shield Is The Future!
Legal Shield Is The Future!
 
I-Bytes Banking Industry
I-Bytes Banking IndustryI-Bytes Banking Industry
I-Bytes Banking Industry
 
Eci e book
Eci e bookEci e book
Eci e book
 
Enservio Partners with Security First Insurance to Streamline the Claim Payme...
Enservio Partners with Security First Insurance to Streamline the Claim Payme...Enservio Partners with Security First Insurance to Streamline the Claim Payme...
Enservio Partners with Security First Insurance to Streamline the Claim Payme...
 
Association Overview
Association OverviewAssociation Overview
Association Overview
 
About GroupEstate
About GroupEstateAbout GroupEstate
About GroupEstate
 
Firstar Bank Now Us Bank
Firstar Bank Now Us BankFirstar Bank Now Us Bank
Firstar Bank Now Us Bank
 

Homesite Insurance Introduces Home Insurance Products to Consumers in Indiana.

  • 1. Homesite Insurance Introduces Home Insurance Products to Consumers in Indiana. Insurer Now Doing Business in 21 States BOSTON, April 17 /PRNewswire/ -- Homesite Insurance in Boston, Mass., announced today that it will begin offering its homeowners, condominium and renters insurance products to consumers in Indiana. This announcement marks Homesite's expansion into 21 states. By offering insurance in Indiana, Homesite moves one step closer to its goal of providing comprehensive, low- cost insurance to property owners and renters across the country. Focusing exclusively on the homeowners market, Homesite has concentrated on addressing problems long associated with the U.S. homeowners insurance business: high fixed costs, limited distribution channels, and minimal technological innovation. Homesite's products are available through a variety of direct and intermediary channels and are distributed through call centers, the Internet and proprietary channels. Homesite continues to bring cutting- edge technology, innovative marketing and distribution strategies, and expertise in catastrophe management to the homeowners business. As a result, Homesite can provide Indiana consumers - and consumers across the country - with quality insurance products, outstanding customer service and low premiums. For a free homeowners or renters insurance quote, please visit us at www.homesite.com or call to speak to a licensed insurance specialist at 1- 800-Homesite. Formed in 1997, Homesite Group Inc. was launched in 1999 with equity commitments of more than $200 million from an investment group led by Morgan Stanley Dean Witter Private Equity, the private equity business of Morgan Stanley Dean Witter (NYSE: MWD). Since its founding 15 years ago, Private Equity has managed funds that have invested $4 billion in more than 160 companies around the world. Morgan Stanley Dean Witter Private Equity manages a group of funds that invest in technology companies with a focus on e- commerce, data communications, Internet infrastructure and information technology services. COPYRIGHT 2001 PR Newswire Association LLC No portion of this article can be reproduced without the express written permission from the copyright holder.
  • 2. Copyright 2001 Gale, Cengage Learning. All rights reserved.