GoTradeSeafood.com Teams Up With InsureCargo.com to Provide Instant Insurance for Marine Cargo

BOSTON, MA- November 6th, 2000- GoTradeSeafood.com, the largest Internet negotiation platform for the global business-to-business seafood market, announced today a strategic partnership with InsureCargo.com.  InsureCargo.com, a global internet-based insurance product that offers instant online quotations, payment, and issuance of the policy, is the first operating U.S.-based website licensed to sell cargo insurance for single trip exposures to or from the U.S. to anywhere in the world.  InsureCargo.com will be showcased along with other key partners to insure payment, and insure quality and delivery in a safe online trading environment with GoTradeSeafood's Safe Harbor supply chain platform.

"InsureCargo provides a key service offering to our Safe Harbor program- imparting additional value and depth to our industry-leading online trading platform," says Jerry ten Brink, CEO of GoTradeSeafood.com.  "The Internet is all about information and choice.  We are giving customers the right to choose from a whole variety of options to insure they can trade seafood safely and efficiently on our site."

InsureCargo will permit customers to obtain cargo insurance at the point of closing the transaction, thus saving time and money in obtaining the policy.  InsureCargo provides some of the most comprehensive and cost-effective policies in the cargo insurance business.  Fireman’s Fund Insurance Company, a member company of the worlds largest insurer, the Allianz Group, provides the security and global claims services for InsureCargo’s policies.

The Safe Harbor supply chain platform already includes partners who help obtain financing, credit reports, insurance, and logistics, to complete and deliver an online seafood deal in less time, lower cost, and within the safest environment possible.  This platform brings together world class leaders in deal enabling tools, and allows users to access unbiased, third party resources to complete their deals online as they have historically done offline, but with the added speed and efficiency of the internet.

About InsureCargo.com Insurance Services Insurance Services, Inc.

InsureCargo.com is the first operating U.S.-based website licensed to sell cargo insurance for single trip exposures to or from the U.S. to anywhere in the world.  InsureCargo.com provides massive cost savings and streamlines the process of purchasing cargo insurance through its "click of a mouse" instant access.  InsureCargo.com allows the buyer of goods anywhere in the world to receive an instant online quotation and provides evidence of insurance over the Internet via a negotiable signed insurance policy.  For more information, please visit www.insurecargo.com.

About GoTradeSeafood.com

Launched in August 1999, the GoTradeSeafood.com Exchange has over 2700 member companies and manages product offers of over $140 million per month from 60 countries, the largest of any online seafood Exchange.  GoTradeSeafood's trading format gives seafood industry participants tools to acquire or sell inventory with users maintaining complete control of their inventory, pricing decisions, and strategy. GoTradeSeafood also provides buyers and sellers with the necessary online tools to close a deal and deliver product safely within its Safe Harbor supply chain platform suite of services. For more information, please visit www.gotradeseafood.com.

Contact

Joshua ten Brink
GoTradeSeafood.com
(617) 787-2560
josh@GoTradeSeafood.com





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