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Thursday January 11

Allstate Independent Agents to Use TenFold Technology and Services for Real-Time Rating and Quotes

SALT LAKE CITY, Utah -- TenFold Corporation, a provider of large-scale e-business applications and the Universal Application, has announced that it expanded its relationship with Allstate's Independent Agency Markets business unit. Allstate's Independent Agency Markets business unit will use TenFold technology as the basis for an Internet policy quotes and administration application. Independent Agency Markets has a network of thousands of independent agents in the personal lines insurance market, representing $2 billion in annual premiums.

"We are thrilled to expand our Allstate relationship. This positions our technology and the Universal Application as a key enabling technology for complex, Web-based applications. This is important to TenFold as the Internet transitions from content-centric presentation to transaction-centric applications," said Jeffrey L. Walker, TenFold's Chairman and Chief Technology Officer. "Allstate is our first major customer to move away from our fixed-price, guarantee business model and embrace our new, more traditional time-and-materials business model."

In addition to its Universal Application technology platform, TenFold is also providing implementation, training, and support services to Allstate to install the new Internet policy administration application. Using TenFold technology, both Allstate employees and independent agents will be able to use a standard Web browser to access accurate policy information. Internet access will let agents service policyholders faster and more effectively.

"Allstate is one of the most prominent companies in America and a household name in insurance," said Gary Kennedy, President and CEO of TenFold Corporation. "With this strengthened relationship, Allstate is helping us enhance our credibility while we are helping Allstate succeed with this important new application."

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