PROVO, Utah, May 24 /PRNewswire/ -- InsurQuote Systems, Inc., the leading rating technology provider to the insurance industry, has signed a letter of understanding with Insurance News Network, LLC (www.insure.com). Under the proposed agreement, InsurQuote will provide the Insure.com Web site with internet rating capability. Using InsurQuote's rating database and engine, Insure.com customers will be able to compare automobile insurance information for hundreds of insurance companies across multiple states. As these customers find policies they wish to purchase, InsurQuote technology will be used to connect the consumer with an insurance agent or company that can service the request. "The use of InsurQuote technology to originate a consumer request on Insure.com, then process and distribute the request to an insurance company or agent for fulfillment, is the kind of powerful application perfectly suited to the Internet," commented Philip Moeller, president of Insure.com. "With the rapid growth of eCommerce, this will help consumers make better insurance decisions and permit companies and agents to more efficiently attract and service customers." As a premier provider of online insurance news and information, Insure.com also will contribute content for a variety of InsurQuote's products and services. Bill Coates, Vice President of Product Management commented, " Insure.com will be both a great source of insurance information and a source of consumer requests for our InsurQuote agents." About INSURE.COM INSURE.COM, founded in 1994, contains extensive reports about auto, business, health, home and life insurance. The site includes ratings from Standard & Poor's, Morningstar and other key partners, and a growing inventory of interactive tools to help consumers make good insurance choices. Insure.com is owned and operated by Insurance News Network, LLC, an independent news and content development company based in West Hartford, CT. About InsurQuote: InsurQuote Systems, Inc., founded in 1986, provides integrated solutions to the agency, company, and consumer markets. In the agency market, InsurQuote has developed sophisticated comparative rating and fulfillment solutions that assist agencies in selling and supporting auto, home, and commercial insurance products. For the consumer and consumer marketers, InsurQuote leads the way combining a nationwide comparison of auto insurance rates with a complete eCommerce fulfillment solution. Headquartered in Provo, Utah, InsurQuote also has offices in Beachwood, Ohio, College Station, Texas and San Francisco, California. The company employs over 600 people, and services thousands of insurance agencies, companies, and consumer organizations nationwide. Further information about InsurQuote can be found on the Internet at www.insurquote.com. Press contacts: FOR INSURQUOTE FOR INSURE.COM Morgan Lynch Melissa Montagna 800.658.8778 x6345 860.233.2800 morgan@insurquote.com mmontagna@insure.com -=-=- 