NetComp Announces New Web-Based WorkersComp Program for Independent Agents

Columbia, SC, June 21, 2010 - NetComp Launch

NetComp, a workers’ compensation program manager, announced today that they have opened their online website www.netcompinsurance.com for Independent Agent Business in the states of Arkansas, Georgia, North Carolina, South Carolina and Texas.

Using independent agents for distribution, NetComp will make workers compensation insurance available to “Main Street” businesses that typically have difficulty finding a market. Agents will access NetComp’s program, through an easy to use, intuitive internet portal, that simplifies and expedites the application process.

John F. Seibert, President and CEO of NetComp stated “Our goal is to use advanced technology to reduce the complexity of underwriting, rating and issuing a policy -- providing agents with an easy, efficient tool to write more workers’ compensation insurance.”

About NetComp

NetComp Insurance Corp., headquartered in Columbia, SC, is a privately held company recently formed to use state of the art technology to write workers compensation insurance via the internet. NetComp designed and manages a mono-line workers compensation program which targets small to mid-sized workers compensation insurance risks.

Distribution is via the internet to independent agents versus direct to the insured. The program will be available to all authorized agents in approved states.

For more information, please visit www.netcompinsurance.com

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