BW0347 NOV 15,2000 7:28 PACIFIC 10:28 EASTERN
( BW)(NJ-SELECTIVE-INSRNCE-GRP)(SIGI) Selective Insurance Group,
Inc. and Intranets.com Establish Joint Marketing and Development of
Intranet Service
Business Editors, High-Tech Writers
BRANCHVILLE, N.J. & BOSTON--(BUSINESS WIRE)--Nov. 15, 2000--
Selective Insurance Group, Inc. (Nasdaq:SIGI) and Intranets.com today
announced the launch of a free, innovative Internet service that
delivers communication and productivity tools to more than 900
independent agents and their small business customers.
Selective has teamed up with Intranets.com, the largest and
fastest growing provider of Web-based intranets, to develop
mySELECTnet.com, a Selective-branded application that offers a
customizable Intranet communication solution to users.
mySELECTnet.com is the newest component of Selective's aggressive
strategy to use technology to strengthen the Company's ability to meet
the needs and expectations of agents and policyholders. "Rather than
using the Internet to circumvent personal service, we have chosen to
provide tools that enable our agents and their customers to better
manage both their operations and their everyday lives," said Gregory
E. Murphy, Selective's chairman, president and CEO. "mySELECTnet.com
is a value-added service that reinforces Selective's commitment to
providing superior customer service and strong franchise value to our
agents."
Selective, through mySELECTnet.com, is giving agents the
opportunity to create a web presence for their agency as well as a
sell-through feature for their customers. Each customized intranet
site becomes a free, secure place on the Web that agents and their
customers can use for email, document sharing and archiving,
scheduling, and business related links -- and it takes just minutes to
set up. In addition to information about insurance related topics,
mySELECTnet.com will carry national, world, business, financial and
other news; weather; business services; and online shopping options.
Intranets.com will host each mySELECTnet.com site for free and provide
at least 25 MB of space on their servers at no cost.
About Selective
Selective Insurance Group, Inc., headquartered in Branchville, New
Jersey, is a holding company for five property/casualty insurance
companies that offer primary and alternative market insurance for
commercial and personal risks. Selective's insurance companies are
rated A+ by both A.M. Best and Standard & Poor's Insurance Rating
Services. The Company offers medical claim management services to
insurance companies and other businesses through Alta Services, a
managed care organization, and through Consumer Health Network (CHN),
a medical provider network; human resource administration services and
risk management products and services to business owners through
Selective HR Solutions; flood insurance and claim adjusting services
under the auspices of the National Flood Insurance Program through
FloodConnect; and software development and processing services through
PDA Software Services, Inc. For more information on Selective's
insurance operations and diversified insurance services, visit the
company's Web site at http://www.selective.com .
About Intranets.com
The world's largest and fastest growing provider of Web-based
intranets, Intranets.com offers small businesses and groups a free,
secure workplace on the Web for group communication and collaboration.
Intranets.com is a simple, fast and affordable way for businesses and
groups to deploy an intranet. The company's partnership program
enables ISPs, telcos, and many other companies targeting online
customers to deliver branded intranets with features such as document
sharing, hosted e-mail and group calendars as a revenue-generating,
value-added service. Privately-held Intranets.com is one of the first
businesses to spawn from idealab!, the nation's leading Internet
incubator. Intranets.com is based in Woburn, Massachusetts with
worldwide offices in Tokyo and the Netherlands. For more information,
visit www.intranets.com, e-mail webmaster@intranets.com, or call
888/932-2600 or 781/932-0960.
--30--RYG/se*
CONTACT: For Selective Insurance Group, Inc.
Media contact:
Corporate Communications, 973/948-3000
kathleen.huber@selective.com
or
Investor Contact:
Senior Vice President and Chief Financial Officer
Dale A. Thatcher, 973/948-1774
dale.thatcher@selective.com
KEYWORD: NEW JERSEY MASSACHUSETTS
INDUSTRY KEYWORD: INSURANCE INTERNET MARKETING AGREEMENTS
SOFTWARE