December 19, 2019
Allstate is retiring its Esurance brand and combining its remaining Allstate, Encompass and Answer Financial personal lines brands under a single business model. The company says dropping Esurance and creating the new business model will lower costs and allow it …
December 19, 2017
Encino, Calif.-based Answer Financial has named Kevin Smith director of business development. Smith will report to Tom Capp, senior vice president of business development. Smith has more than 25 years of experience within the banking and financial services industry, with …
September 26, 2017
Answer Financial, a national auto and home insurance agency., has added rideshare gap coverage plans to its offerings on its insurance comparison shopping platform. Rideshare drivers can now compare specialized coverage plans from insurers like Safeco, Progressive and Mercury. Peter …
July 25, 2017
Answer Financial, a personal lines insurance agency in the U.S., has expanded its insurance comparison platform to include homeowners and condo insurance. The expansion enables shoppers to compare rates and customize coverages from multiple homeowner insurers online. Answer represents several …
May 5, 2017
Jeff Sadler has joined online insurance agency Answer Financial as director of Carrier Relations. Sadler will oversee strengthening the agency’s carrier platform to meet the needs of its growing customer base. He will report to Peter Foley, senior vice president …
September 14, 2016
National auto and home online insurance agency Answer Financial has hired Eric Bur, most recently with The General, as director of Business Development. Answer is expanding its business development team to grow its network of partners. Answer partners with businesses …
March 30, 2016
Tom Capp has joined the senior management team for the online auto and home insurance agency Answer Financial. Capp, as senior vice president of Business Development, will be working to grow the company’s network of business partners. Capp worked with …
July 29, 2015
Allstate’s online auto and home insurance agency Answer Financial has added two insurance professionals to its leadership team. Brendan Cummings joins Answer as the director of Business Development to build partnerships with carriers. Through Answer, a carrier’s customers can compare …
July 27, 2015
White Mountains Insurance Group Ltd. agreed to sell Sirius International Insurance Group Ltd. for about $2.2 billion to an arm of China Minsheng Investment Corp. The price for the reinsurer will be 127 percent of shareholders’ equity, plus $10 million, …
October 14, 2014
White Mountains Insurance Group Ltd. purchased a majority stake in Tranzact for $178 million as the insurer renews its bet on policy sales through the Internet. White Mountains acquired 63 percent of Tranzact, which operates DirectHealth.com, the online insurance comparison …