Greg O’Brien Joins EverQuote as SVP of Business Development

Rhea-AI Summary

EverQuote, Inc. (Nasdaq: EVER) announced the appointment of Greg O’Brien as Senior Vice President of Business Development on October 22, 2020. O’Brien, an experienced executive in insure-tech and digital marketing, aims to enhance EverQuote's growth initiatives. COO Jayme Mendal emphasized that O’Brien's expertise will provide critical market insights. His background includes leading Noodle and CollegeBound, and he holds degrees from Cornell University and NYU. EverQuote focuses on simplifying the insurance process while aiming for digital transformation in the industry.

Positive

• Appointment of Greg O’Brien may enhance business development and growth initiatives.
• O’Brien's expertise in insure-tech and digital marketing could benefit EverQuote's market positioning.

Negative

• None.

CAMBRIDGE, Mass., Oct. 22, 2020 (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, is pleased to announce that Greg O’Brien has joined as Senior Vice President of Business Development.

“Greg is an entrepreneurial executive with deep experience in insure-tech and digital marketing,” said COO Jayme Mendal. “His addition to our team will provide deep market insight and business development leadership that we expect to benefit a number of key growth initiatives. "

“I’m thrilled to join the EverQuote team! The insurance sector is accelerating its digital transformation, and EverQuote is uniquely positioned to help drive that change to benefit both consumers and providers,” said O’Brien. “EverQuote’s tenacious focus on building disruptive digital products that remove friction from consumer journeys is impressive, and unmatched by others in the space.”

Mr. O’Brien joins EverQuote from Noodle, where as CEO he led the re-founding of the firm and successful divestiture. Previously he was CEO of CollegeBound, and part of the executive team of QuinStreet (NASDAQ: QNST). O’Brien holds a BS from Cornell University, an MBA from New York University, and is an adjunct faculty member at Harvard University.

Safe Harbor Statement

Any statements in this press release about future expectations, plans and prospects for EverQuote, Inc. ("EverQuote" or the "Company"), including statements about future results of operations or the future financial position of the Company, including financial targets, business strategy, plans and objectives for future operations and other statements containing the words "anticipates," "believes," "expects," "plans," "continues," “will” and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: (1) the Company's ability to attract and retain consumers and insurance providers using the Company's marketplace; (2) the Company’s ability to grow its marketplace and launch innovative products to connect more insurance shoppers with the right policies for them; (3) the effectiveness of the Company's growth strategies and its ability to effectively manage growth; and (4) other factors discussed in the "Risk Factors" section of the Company's most recent Quarterly Report on Form 10-Q, which is on file with the Securities and Exchange Commission. In addition, the forward-looking statements included in this press release represent the Company's views as of the date of this press release. The Company anticipates that subsequent events and developments will cause the Company's views to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of this press release.

About EverQuote

EverQuote operates a leading online insurance marketplace, connecting consumers with insurance providers. The company's mission is to empower insurance shoppers to better protect life's most important assets – their family, property, and future. Our vision is to use data and technology to make insurance simpler, more affordable and personalized ultimately reducing cost and risk.

For more information, visit EverQuote.com and follow on Twitter @EverQuoteInsure.

Investor Relations Contact:
Brinlea Johnson
The Blueshirt Group
212-331-8424
Brinlea@blueshirtgroup.com

FAQ

Who has been appointed as Senior Vice President of Business Development at EverQuote?

Greg O’Brien has been appointed as Senior Vice President of Business Development at EverQuote.

What is the significance of Greg O’Brien's appointment at EverQuote?

O’Brien's appointment is expected to provide leadership and insights for key growth initiatives at EverQuote.

What experience does Greg O’Brien bring to EverQuote?

Greg O’Brien has extensive experience in insure-tech and digital marketing, previously serving as CEO of Noodle and CollegeBound.

When was Greg O’Brien's appointment announced by EverQuote?

Greg O’Brien's appointment was announced on October 22, 2020.

What is EverQuote's focus in the insurance market?

EverQuote focuses on simplifying the insurance process and driving digital transformation in the industry.