www.cengal.com

December | 2006
‘Soft Launch' first half of 2007

Cengal announce ‘soft launch’ into the Motor Industry scheduled for first half of 2007

June | 2006
Partner Program

Cengal signs up partners for launch. More details will be announced shortly.

May | 2006
Corporate Website Launch

Cengal launches its corporate website. Stay tuned for regular updates on company development.

April | 2006
Cengal Founded

Cengal founded with Enterprise Ireland and Private investor support.
Cengal
Docklands Innovation Park,
East Wall Road,
Dublin 3,
Ireland
Phone: +353 (0)1 2401324
E-mail: info@cengal.com

Cengal’s unique service is mutually beneficial to the Insurance provider and the consumer. Whether you are buying or selling insurance, using Cengal, everyone's a winner!

Sell Insurance

Bringing business to your door!

For the insurance company an online channel through which they can reach their market can be a costly and expensive undertaking, yet consumer demand for this type of service is increasing rapidly. With the latest reports showing that 63% of online Irish adults expect to buy their next motor policy online, the need for insurers to have an effective online channel has never been more important. Cengal is a new innovative solution that not only brings business to the doorstep of the insurer, but for the first time makes it easy to focus on particular market sectors. Cengal also allows the insurer to interact directly with the online consumer so that his choice is not always based on price alone. Insurers will be able to view quotation requests submitted by consumers, filter out the requests that are most suited to their business, provide quotations, answer policy related questions and of course accept sales without any of the costs normally associated with having to build, market or maintain an online service of their own. Not only this, but unlike any other channel Cengal’s newly developed technology also provides vital market intelligence and performance related reporting to the insurer which will better enable companies to plan their online strategies and build share in a fast growing market.

Buying Insurance

A better deal and more convenient!

For the consumer Cengal represents a much more convenient and quicker method of obtaining insurance quotations. There is no need to make numerous telephone calls, visit various websites or fill out lengthy forms and questionnaires to ensure you get the best deal. Cengal requires users to fill in details only once to create a profile; this profile is retained and will be used across all insurance quotation types. When you enters a request for a quotation all the insurers get to see your request and submit quotations for your business. Consumers can see all their insurance options at one location and make an informed choice on which policy is best for them based not just on price but also on the details of the quotation submitted by the insurer. Cengal also incorporates calendar so when your insurance is up the renewal or new quotation process is automated, simple and hassle free.

how
How?

Connect buyers and sellers through an online service

1 Buyers(s) describe the product or service they want
2 Sellers are registered for product and service types and are notified of buyer interest.
3 Seller(s) respond with offers on their product and service to interested buyers
5 The buyer accepts the offer
6 They close the deal
how
Simple, now think of the benefits.

Buyers   Sellers
Easy to Use   Low cost distribution channel
Access to relevant information   Automatic lead generation
Access to qualified provider pool   Reduced cost of sale
Reduction in time and effort   Business intelligence on market performance
Best product at right price   Low barrier to entry
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