Quotesmith.com CEO Reports on Momentum in 2000

May 12, 2000

Speaking before a group of investors at the 28th annual Chase H&Q Technology Conference in San Francisco, Quotesmith.com CEO and president Robert Bland said that the company expects 2000 revenue to grow by more than 100 percent to $18 million from 1999’s $8.4 million.

He also indicated that the company is projecting sales of over 40,000 policies in 2000, more than doubling the 17,800 policies sold in 1999. Quotesmith.com is a web site allowing consumers to shop quotes from more than 300 leading insurance companies.

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