IBAY

Internet based service helps business financial controllers negotiate commercial insurance with insurance brokers, by assembling bid specifications, supporting documentation, calendaring actions, requiring brokers to request market assignments, assigning markets to brokers, holding them accountable for markets, accumulating quotation and rate information on a predetermined form so quotes received from different sources can be readily compared line by line, compiling all quotations received into database, making all quotations received from all clients viewable by categories without client names appearing, so each user can see what others are paying