ConnectInsure adds RFPs to all carriers: Global IQX Inc

Specs Direct adds value to ConnectInsure insurance portal for insurance professionals

OTTAWA, Ontario � March 1, 2005 � Global IQX Inc., the leader in integrated e-business automation solutions for the group life and health insurance industry, today announced the addition of a new dimension, named Specs Direct, to its ConnectInsure online quoting, comparison and enrolment service for insurance professionals.

Through Specs Direct, insurance professionals will now be able to submit requests for proposals (RFP) to all carriers, while still being able to obtain real time quotes using the ConnectInsure multi-carrier quote engine. The ConnectInsure engine has also been enhanced to support RFPs for groups of up to 250 lives. This new functionality will enable financial advisors, brokers and other certified benefit planners to increase quoting productivity by helping to create detailed quotes with speed and efficiency � and all from one point of contact. Specs Direct is available to registered insurance brokers and consultants that use the ConnectInsure Web portal at www.connectinsure.com.

�I started using Specs Direct soon after it came out. It saves me time by making RFPs a simple one-step process,� said one ConnectInsure member Dave Patriarche of Mainstay Insurance Brokerage Inc. �It also provides a great way to save RFPs for quick review at a later date.�

With the recent development of Specs Direct, ConnectInsure has expanded and enhanced their usability to creating requests for proposals to all insurance companies offering group benefits. This comprehensive solution will lead to improved convenience and efficiencies for brokers and consultants and help make conducting business with insurance providers, smarter and more streamlined.

�ConnectInsure has really come a long way in the last 4 years. The site allows my marketing associate to get real-time quotes and comparisons from the carriers on the site and send RFPs to all the other carriers,� said another ConnectInsure member Ian McIntosh, President, Corporate Benefit Consultants Ltd.

By expanding ConnectInsure to all benefit providers and increasing the number of lives to 250, ConnectInsure is in the unique position of being able to offer a streamlined solution for both the producers and the carriers. �We have listened to both the broker community and the insurance carriers. This new feature will now allow brokers and consultants to send RFPs from one central place. Carriers that are intregrated can also have the RFPs sent directly into their respective quote engines, streamlining the process and saving money,� said Michael de Waal, president and founder of Global IQX.

ConnectInsure™, developed by Global IQX currently enables over 2500 financial advisors, brokers and other certified benefit planners to manage their clients better while streamlining their business processes by offering instant online, comparative insurance quotations, proposals and enrolment from multiple carriers on a secure 24 hour basis.

About Global IQX Inc.

Global IQX is a leading provider of integrated web-based business process automation software for the employee benefits industry. Solutions are highly configurable, permission-component based, that meet the specific requirements of the respective audience: distribution channels, sales, underwriters, actuarial, marketing, management, IT and other sales and service participants. The technology supports all product lines and all customer segments ranging from individual through large group with multilingual capabilities, based on ACORD standards. Solutions include: Rating and Quoting � Underwriting � Enrollment � Proposal Generation � Product Configuration � Renewal � Channel Management � Analytics

Global IQX has built a solid reputation helping many of North America’s largest insurance companies. Recognized by the National Post/Branham 300 as one of the 25 fastest growing new companies. The company is headquartered in Ottawa, Canada. For more information, visit our web site at www.globaliqx.com.