Analysis of information sources in references of the Wikipedia article "EverQuote" in English language version.
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Originally founded under the name AdHarmonics in 2008, EverQuote launched its online insurance marketplace in 2011.
"The level of preconceived design and thought that you seem to want to apply to this was simply nonexistent. We had a team of campaign managers who are diverse in gender and race and background — but many of whom are Boston grads — come up with this idea and design it."
EverQuote matches consumers with a short list of companies it believes will provide the best fit, based on the profile each new user fills out…"If more drivers close with carrier A than carrier B, that data set is letting me know that carrier A is delivering better pricing and better coverage to that kind of consumer without the consumer or us ever having seen a quote."
Those who use EverQuote's Everdrive app -- which rates drivers on five factors: phone use, speeding, accelerating, cornering and braking -- show a 31% improvement after using the app, according to the company. The data comes from 25,000 drivers, with over 30 million miles tracked, who used the Everdrive app during a four-month period.
EverQuote's head of communications told Yahoo Finance the company is in the process of removing the ad with Armin. Moreover, the spokesperson said the company paused the campaign two weeks ago.
EverQuote's initial incarnation was as an online marketplace for car insurance. There are currently 70 carriers and 5,000 agencies on the platform.
The software recommends carriers based on the consumer's risk profile and information on which carriers consumers with similar profiles have chosen in the past. EverQuote handles 5 million consumer visits per month and has made 50 million referrals resulting in over $3 billion of premiums for agents and their carriers, according to its announcement.
Seth Birnbaum, the entrepreneur co-founder and chief executive officer of the Cambridge, Mass.-based online insurance marketplace EverQuote, passed away on Nov. 28.
Those who use EverQuote's Everdrive app -- which rates drivers on five factors: phone use, speeding, accelerating, cornering and braking -- show a 31% improvement after using the app, according to the company. The data comes from 25,000 drivers, with over 30 million miles tracked, who used the Everdrive app during a four-month period.
Fast-growing online insurance marketplace EverQuote has tacked on $13 million to its previously announced Series B funding round, bringing the total amount to $36 million.