CoverHound News

Exclusive: Google to Shut Down Online Insurance Site, Partners Say

It appears Google Compare’s grand experiment in online comparison shopping for auto insurance is dead – for now at least. Insurance Journal has learned that two of Google Compare’s major partners were told today that the giant tech firm is …

ITC Agent Conference to Feature Panel of Online Insurance Aggregators

Insurance Technologies Corporation (ITC), a Carrollton, Texas-based provider of agency marketing, rating and management software and services, announced that a panel of online aggregators will present the keynote address at ITC Agent Conference 2016. The panelists include Google Compare, Compare.com, …

Expert: Targeting High-Risk Shoppers with Mobile Makes Sense

High-risk shoppers maybe one of the best segments for insurance agencies and carriers to target with online and mobile quoting and services. New data from online agency CoverHound shows high-risk shoppers are 93 percent more likely to conduct research for …

Why Google’s Not So Smart or Fast and Insurance Agents Aren’t Dead… Yet

Insurance agents aren’t dead yet, but even underwriters participating in the personal automobile insurance market may be looking for another line of work within the next two decades, industry observers said at a recent conference. “The most radical view of …

ACE Takes 24% Stake in CoverHound’s Online Commercial Insurance Plans

CoverHound has raised $33.3 million in a financing round led by ACE Group, which the company plans to use to build an online commercial insurance platform starting with businessowners policy insurance offerings that could be available next year. San Francisco, …

Google Compare and ITC in Online Partnership That Brings Agents into Mix

Google Compare is using a rating system provided by Insurance Technologies Corp., the Carrollton, Texas-based software provider announced Wednesday. In making the announcement ITC’s top executive said it’s a move that will keep agents involved in the online search for …

Agent Support, Ratings Added to Expanding Google Compare

The auto insurance comparison website Google Compare is expanding into Texas, Illinois and Pennsylvania, as well as adding ratings and insurance agent support. That announcement was made Tuesday by Stephanie Cuthbertson, group product manager for Google Compare, at Google’s annual …

Google Compare May Go Beyond Auto Insurance

The way Valen Analytics President and CEO Dax Craig describes it, Google’s move into insurance with Google Compare for auto insurance is an “all-aboard, wake-up-and-smell-the-coffee” call to the insurance industry. His words were simpler: “Game changer.” The complexity of what …