NetQuote Inc.

Description

NetQuote Inc. is the largest online destination site for consumers to research insurance and find insurance providers. The company provides a cost-effective, performance-based marketing channel for both local insurance agents and national insurance carriers. NetQuote, through its network of over 11,000 local insurance agents and 35 national insurance carriers, owns the most efficient engine to monetize perishable online insurance leads. Spectrum led a majority leveraged recapitalization of the company, providing liquidity to founders and employees.

CEO Biography

Paul Ford joined NetQuote in 2005 bringing 15 years of sales, management, and leadership experience in the insurance industry. Prior to NetQuote, Mr. Ford was a founder of InsLogic. With backing from ONEX and Warburg Pincus, InsLogic provided insurance to fortune 100 corporations including Ford Motor Company, Charles Schwab and Capital One. The company had approximately 200 employees when it was sold to Capital One in 2005. Prior to InsLogic, Mr. Ford founded what became dubbed as Canada's first "Virtual Insurance Agency," an operation consisting of a third-party call center without the need for additional physical offices. Mr. Ford had successfully expanded this company to 50 employees prior to selling the operation to an ONEX subsidiary, ClientLogic in 2001. Mr. Ford has a Bachelor of Arts in Economics and a Business School Degree from Queens University in Kingston Ontario, Canada. He is a Certified General Accountant and is a licensed insurance agent in all 50 states.

Headquarters: Denver, CO USA
Web Site: www.netquote.com