24 Mar 2008

eReinsure Granted 23 Claims in Patent Award

Business method patent underlines eReinsure’s leading market position for online risk negotiation

Salt Lake City, March 24th, 2008 –, Inc., a provider of e-commerce technology to the insurance and reinsurance industries, today announced that the United States Patent and Trademark Office has awarded the company Patent No. 7,333,940 – Method and computer-readable medium for negotiating reinsurance for a risk.

Igor Best-Devereux, CEO of eReinsure commented "This patent and other patents pending will help to protect the business methods that we have developed to enable online risk negotiation". He continued, "The ability of the eReinsure team to incorporate these original ideas in a system used by many major insurers, reinsurers and brokers will keep our company at the forefront of electronic trading in this market". Inc. ( develops Internet technologies for reinsurance negotiation, documentation, and other functions that support process efficiency, compliance and management information. The company is located in Salt Lake City, Utah, USA and has offices in New York and London.

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eReinsure Contact:
Igor Best-Devereux, CEO
+1 801.521.1721
igor at ereinsure dot com