Announced
Financials
Sources
Tags
health insurance
Majority
United States
Insurance Brokers
Pending
Single Bidder
Private
Acquisition
Friendly
Synopsis
EverQuote, an online insurance marketplace, agreed to acquire Crosspointe Insurance Advisors, a health insurance agency headquartered in Evansville, Indiana. Financial terms were not disclosed. "Crosspointe’s agency expertise and carrier relationships, combined with EverQuote’s data-driven insurance marketplace platform, consumer volume, and distribution, will position us to deepen our customer engagement, further diversify and grow revenues, and capitalize on the expanding market opportunity in health insurance. I am pleased to welcome Josh, Drew and the entire Crosspointe team, who share our cultural roots in bootstrapping, heart, tenacity, and data-driven optimization. Their team is an ideal addition to EverQuote as we deepen our role in the distribution of insurance products while easing the effort and complexity for consumers to protect life’s most important assets — their family, property and future at an affordable price," Seth Birnbaum, EverQuote CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.