Insurance Corporation of British Columbia Renews Contract With eAutoclaims
June 06 2005 - 11:25AM
PR Newswire (US)
Insurance Corporation of British Columbia Renews Contract With
eAutoclaims OLDSMAR, Fla., June 6 /PRNewswire-FirstCall/ --
eAutoclaims (OTC:EACC) (BULLETIN BOARD: EACC) announced that
Insurance Corporation of British Columbia (ICBC) has renewed its
initial agreement with eAutoclaims for providing managed repair
services through the Guaranteed Repair Network to their consumers
traveling in the United States. ICBC will continue to utilize the
eAutoclaims Appraisal Assignment Network of managed independent
appraisers to supplement the shop network. Jim Heinekey, Regional
Manager Material Damage for ICBC, stated, "We have been pleased
with the performance of eAutoclaims' services to date and thus have
renewed our agreement with the Company. Our consumers have greater
confidence and appreciate the extended coverage we provide with the
eAutoclaims solution to repair their vehicle wherever they travel
throughout North America. eAutoclaims' representatives are
responsive to our needs and the shop and independent appraiser
networks are well-managed while offering consistent service. ICBC
is committed to providing prompt, courteous service and fair
settlement to our clients and eAutoclaims is delivering on their
promise to help us continue to extend this level of service to our
customers traveling in the U.S." eAutoclaims has provided service
to ICBC and its consumers for the past two years. Eric Seidel,
eAutoclaims President and CEO, stated, "ICBC has been a great
client to work with and there is no better affirmation of the value
of the services eAutoclaims provides than having a client renew
their contract. We look forward to exploring future opportunities,
and we are committed to continuing to provide ICBC and their
customers with prompt and consistent services that are consumer
driven." About Insurance Corporation of British Columbia The
Insurance Corporation of British Columbia (ICBC) is a provincial
Crown Corporation established in 1973 to provide universal auto
insurance to BC motorists. In addition, the Corporation is
responsible for driver licensing, vehicle registration and
licensing. In addition to providing this basic insurance, the
Corporation competes with other automobile insurance companies by
offering extended third-party legal liability and other optional
insurance coverage such as collision and comprehensive coverage.
About eAutoclaims eAutoclaims (OTC:EACC) (BULLETIN BOARD: EACC) is
a business services company that provides the insurance industry
with claims management services through both ASP and integrated
outsourcing solutions. The Company's clients are insurance
companies, fleet management companies and insurance services
companies. eAutoclaims' solutions streamline the claims handling
process, decreasing the overall time and cost required to process a
collision claim, and reducing average paid losses for its clients.
The Company handles repair estimates, repair audits, and claims
systems administration services for automobile claims that are
processed and tracked via the eAutoclaims web-based platform and
network of service providers. This announcement contains
forward-looking statements. Words such as anticipate, believe,
estimate, satisfies, expect and other similar expressions as they
relate to the Company and its management are intended to identify
such forward-looking statements. Although the Company and its
management believe that the statements contained in this
announcement are reasonable, it can give no assurances that such
statements will prove correct. Factors that could affect the
occurrence of events or results discussed herein are included with
those mentioned in the Company's filings with the Securities and
Exchange Commission. DATASOURCE: eAutoclaims CONTACT: Jeff Dickson,
Chairman, eAutoclaims, +1-813-749-1020, ext. 2202, or ; or
Investors, Mark McPartland, Alliance Advisors, LLC,
+1-910-221-1827, or , for eAutoclaims Web site:
http://www.eautoclaims.com/
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