Answer Financial News

Answer Financial in California Names Smith Director of Business Development

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 …

Answer Financial Adds Rideshare Gap Coverage in 24 States

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 …

Answer Financial Expands Insurance Comparison Site Into Homeowners Segment

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 …

Allstate’s Sadler Moves to Answer Financial as Director of Carrier Relations

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 …

Answer Financial Names Bur to Direct Business Development

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 …

Capp Joins Answer Financial to Sign More Business Partners

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 …

Cummings, Beard Join Answer Financial

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 …

China Minsheng Investment to Acquire White Mountains’ Sirius for $2.2B

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, …

White Mountains Buys Majority Stake in Internet Insurance Broker Tranzact

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 …

Answer Financial Relocating Main Tennessee Sales Center to Knoxville

Online insurance agency Answer Financial Inc. is relocating its main Tennessee call center to West Knoxville. The office is slated to open next week. The agency is celebrating its new state-of-the-art sales center with a Career Fair and open house …