March 5, 2007

ING Insurance and Policy Works Exchange Commercial Lines Data Electronically

ING Insurance Company of Canada and Policy Works Inc. are pleased to announce the release of an integrated solution for exchanging commercial lines data.

ING’s proprietary online web tool provides brokers with a single point of entry for commercial lines business. Policy Works automates the marketing of a broker’s commercial risks. Integrating the two systems enables brokers who do business with ING Insurance to upload commercial lines submissions from Policy Works directly into the ING web tool. This eliminates brokers having to enter the same information twice and provides them with quicker turnaround times on quotes.

Though data exchange has been common in personal lines insurance for some time, the development of this integration between ING Insurance and Policy Works marks the first significant stride toward data exchange in the commercial realm. “We believe this technology initiative enhances our relationship with our broker partners as it furthers our commitment to make it easier for them to do business with us,” states Peter Weightman, Senior Vice-President, Commercial Lines for ING Insurance. “The interface to Policy Works reduces double entry by brokers, thereby respecting their time constraints and honouring their existing workflows.”

The integration is based on the new CSIO commercial lines XML standard. “The advent of the CSIO XML standard for commercial lines opens promising new opportunities to the Canadian insurance industry,” says Kevin Campbell, President of Policy Works Inc. “We are really excited that ING Insurance shares our vision of using the standard. Together, we are moving commercial insurance brokers one step closer to a completely electronic workflow.”

About ING Insurance and ING Canada

ING Insurance, a subsidiary of ING Canada Inc. (TSX:IIC) which is the largest auto, property and liability supplier in Canada, provides insurance products to individuals and businesses through its network of 2200 independent insurance brokerages.

About Policy Works Inc.

Since 1992, Policy Works Inc. has been leading the development of Commercial Management Systems (CMS) for the Canadian insurance industry. Policy Works streamlines the commercial-lines workflow to manage the entire policy lifecycle efficiently and effectively.

Media enquiries:

Bryan Seaton
Manager, External Communications
ING Canada Inc.
416-341-1464 ext. 43142
bryan.seaton@ingcanada.com

Steve Pieroway
Director, Marketing
Policy Works Inc.
1-800-260-3676 ext. 114
steve.pieroway@policyworks.com