IRVINE, Calif., Dec. 6, 2006 (PRIME NEWSWIRE) -- Sage Global Solutions, Inc. (Pink Sheets:SGGL) (Frankfurt Stock Exchange: WKN A0J265 / Trading Symbol: Q9A) announced today that its wholly owed subsidiary, PremierPoint Insurance Services, has secured an agency appointment with Allstate Insurance Company's Workplace Division.
As an appointed Agent, PremierPoint will distribute all of the health-related products available through the Allstate Workplace Division, including group health insurance, accident insurance, disability insurance, life insurance and cancer insurance, to its appointed agents. These workplace products allow PremierPoint to successfully penetrate underserved industries and companies while adding significant value to the relationship it has with those agents and brokers.
"The wide spectrum of products and services available through Allstate in the United States represent unique opportunities for PremierPoint agents and brokers to better serve their clients," said John C. Kirwan, president of PremierPoint. "This alliance further expands our market reach and product offering within the workplace insurance marketplace."
About Allstate
Allstate Workplace Division is the marketing name for American Heritage Life Insurance Company (a wholly owned subsidiary of The Allstate Corporation (NYSE:ALL)). Products are underwritten by American Heritage Life Insurance Company, Jacksonville FL.
The Allstate Corporation is the nation's largest publicly held personal lines insurer. Widely known through the "You're In Good Hands With Allstate(r)" slogan, Allstate helps individuals in more than 16 million households protect what they have today and better prepare for tomorrow through more than 13,600 exclusive agencies and financial specialists in the U.S. and Canada.
About Sage Global Solutions
The mission of Sage Global is to present a full spectrum of insurance and financial services and solutions for small to medium businesses. Sage currently has five wholly owned subsidiaries including; Express Notary Service, Inc., Online Mortgage Inc., RJC Insurance Services, and PremierPoint Insurance Services and JPJ Reinsurance. PremierPoint offers innovative insurance products specializing in Workers' Compensation and the utilization of captive programs. PremierPoint also provides traditional wholesale agency products, program consulting and risk management assistance to insurance agents and carriers. RJC Insurance Services is a premier commercial insurance agency based in Southern California. Express Notary Service, Inc. is an online mobile notary service that specializes in loan document closings and has an extensive network of notary agents throughout the U.S. Online Mortgage Inc. is a lead generation and marketing portal. JPJ Reinsurance issues insurance policies to insurance carriers in select markets for select risks. Over the past several months Sage has taken significant steps toward reaching its goal of becoming a complete insurance and financial services institution and will continue to seek acquisitions, positioning itself as a market leader in a rapidly-growing industry. Visit http://www.sage-global.com for more information.
Safe Harbor Statement
Statements in this press release about the company's future expectations other than historical facts are "forward-looking statements." It is important to note that actual results could differ materially from those in such "forward-looking statements" and "forward-looking statements" are inherently subject to risks and uncertainties.