Tri-State Consumer Insurance Company Signs AgreementWith ebix.com to Provide Quotes On Auto...

Business Editors

ATLANTA--(BUSINESS WIRE)--Jan. 20, 2000

ebix.com Inc. (NASDAQ:EBIX) today announced that Tri-State Consumer Insurance Co. will offer quotes for automotive insurance on www.ebix.com, the world's first comprehensive insurance portal. Through ebix.com, qualified

&uot;Tri-State is a technologically savvy direct carrier, who has a well earned reputation for being extremely aggressive and yet professional and customer friendly. ebix.com is committed to offering consumers a non-aligned marketplace where they can get a variety of competitive quotes from reputable names in the industry, and this agreement is another step in that direction,&uot; said Robin Raina, President and CEO, ebix.com Inc. &uot;The relationship between ebix.com and Tri-State also demonstrates both companies' commitment to bringing the insurance industry online, a process ebix.com has been spearheading since its launch in September 1999.&uot;

&uot;ebix.com, with its unique market-making model that puts the consumer in the driver's seat, is emerging as a lead contender in the online insurance marketplace,&uot; said Penny Hart, President, Tri-State Consumer Insurance Co. &uot;Our alliance with ebix.com provides an effective way for Tri-State Consumer to reach out to a wider section of the consumer base through ebix and its affiliate network of partners. Additionally, it provides us another tool to showcase our competitive products and high quality service to the marketplace.&uot;

About Tri-State Consumer Insurance Company:

Tri-State Consumer Insurance Co. is a direct writing insurance company offering automobile and homeowner insurance products in the state of New York. A.M. Best, the leading insurance ratings organization, rates the company as `A' (excellent). Tri-State offers competitive rates and high quality service to its customer base through its professional customer service and a state of the art web site, http://www.tscinsurance.com.

About ebix.com:

ebix.com, an HP Enabled E-Service which ebix.com Inc. launched on September 8, 1999, is the only site on the Web to meet the insurance needs of both the consumer and the insurance professional. ebix.com includes a virtual marketplace, ebix.mall, where consumers can define their policy coverages and seek competitive quotes from a number of carriers or agents/brokers in a timeframe defined by the consumer. This allows consumers to compare prices in a non-threatening environment and buy insurance online if they so desire.