Kanetix in the news

Media coverage and press releases

TORONTO, ON, December 17, 2001 - Kanetix®, Canada's online insurance marketplace (at www.kanetix.ca), announced a partnership with one of this country's largest insurance organizations, Allstate Insurance Company of Canada, to provide a quote comparison service to consumers.

"We are extremely proud to team with such a well-known and reputable brand," said George Small, Co-founder, Kanetix. "Allstate is a great company with an enviable reputation and a track record of providing top-notch service - features our customers demand when shopping for insurance."

Through Kanetix's marketing channels, Allstate's products and services will be offered online to an increasing number of Canadians in Ontario, Quebec, Alberta and the Maritimes.

"Allstate's consumer site already offers a full quote and buy service - and now our Kanetix partnership grows our network to offer Canadians top quality products and services. Allstate's commitment is to offer insurance consumers our inimitable 'anywhere, anyhow, anytime' philosophy," said George Hill, Allstate's Vice President of Sales.

Allstate is the fourth direct writer to join the Kanetix marketplace in the last year. Kanetix is the only online service allowing consumers to compare prices from both broker-based companies and direct writers, all in one place.

To compare insurance quotes at Kanetix, users simply follow the five-step online process. In minutes, shoppers can see a list of up to nine insurance quotes, choose the policy they wish, and buy online or over the phone.

About Kanetix

Launched in October 1999, Kanetix is Canada's national online insurance marketplace. The Kanetix insurance information and shopping service allows consumers to compare auto, life, property and travel insurance quotes from a variety of Canada's leading providers. Users can select the insurance policy of their choice and complete the purchase online.

About Allstate Insurance Company of Canada

Allstate Insurance Company of Canada, serving the needs of Canadians for over 50 years, is one of the nation's leading providers of personal home and automobile insurance products. It operates through its network of 450 personal agent advisors, 1-800-Allstate and www.allstate.ca. Allstate Canada is a subsidiary of The Allstate Corporation (NYSE: ALL), one of the world's largest insurance organizations, with global assets of over $US104 billion and revenues exceeding $US 29 billion.

For more information, please contact:

George Small
Co-founder, Kanetix
(416) 599-9779 ext. 202

Laurie Atkinson
Media Relations, Allstate Canada
(905) 475-4536

- 30 -