CNA Formalizes Relationship With SeaPass To Expand On-Line Quoting

Online, June 14, 2010 (Newswire.com) - Through the SeaPass Hub™ platform, a comparative commercial lines quoting tool, CNA's distribution partners can positively impact their productivity by obtaining real-time quotes, proposals and issuance of policies across multiple carriers for their Small Business customers.

"We are listening to our agents and working to provide valuable business insurance solutions," said Barbara Flanigan, vice president of Business Process & Technology, CNA Small Business. "This formal agreement with SeaPass expands the on-line quoting resources available to our agents - including CNA Central®, CNA's proprietary real-time quoting solution, as well as other third-party comparative rating platforms - making it
easier for our Small Business distribution partners to do business with us and increase their productivity."

"With the SeaPass Hub™, CNA will enable its agents to further simplify the quoting process for their commercial lines business, positioning the company as a leading easeof-doing-business carrier-one that recognizes that today agencies must provide commercial lines clients with quick and accurate quotes," said Eric Gewirtzman, SeaPass' CEO. "This approach to quoting adds value among CNA's appointedindependent agents, growing their premium production and the level of service they provide to their clients."

CNA offers agents outstanding service, local decision-making authority and a full enterprise of products for its Small Business capability. Agents have access to the full range of CNA's International, Professional, Technology and Excess & Surplus products. Agents who would like more information on CNA's Small Business products and services should contact their local Field Sales Specialist.

Serving businesses and professionals since 1897, CNA is the country's seventh largest commercial insurance writer and the 13th largest property and casualty company. CNA's insurance products include standard commercial lines, specialty lines, surety, marine and other property and casualty coverages. CNA's services include risk management, information services, underwriting, risk control and claims administration. CNA is registered trademark of CNA Financial Corporation. For more information, please visit CNA at www.cna.com.

SeaPass Solutions, founded in 2000, is headquartered in New York City. The company develops and markets solutions that enable insurance carriers, agents, brokers and wholesalers to transmit and receive data in real time.

The SeaPass Hub™ Solution leverages existing systems to interact automatically with one another, leading to reduced costs, better new business and successful transactions. Since 2001, SeaPass has been implementing IT solutions at national insurance carriers,
regional carriers, banks, large agencies and brokers.

SeaPass is a privately held company. Its shareholders include ICG (NASDAQ: ICGE) a firm specializing in investments in mid and late venture public and private companies, Hyperion, a world-renowned merchant banking fund specializing in investments in financial services-related companies and pioneering technologies, the Inter Atlantic Group, Dolphin Equity Partners and Platinum Neurone Ventures, a fund backed by global investors such as Bank of America,. For more information about SeaPass, please visit: www.seapass.com.