Welcome to our dedicated page for Everquote news (Ticker: EVER), a resource for investors and traders seeking the latest updates and insights on Everquote stock.
EverQuote (EVER) operates a data-driven insurance marketplace connecting consumers with providers through advanced analytics and multi-channel marketing strategies. This page serves as the definitive source for tracking the company's operational developments and strategic positioning within the insurtech sector.
Access curated updates including earnings reports, technology innovations, leadership changes, and partnership announcements. Our aggregation ensures efficient monitoring of EverQuote's progress in optimizing insurance referrals through its proprietary bidding engines and real-time campaign management systems.
Content spans financial disclosures, product launches, and industry analyses relevant to stakeholders evaluating EVER's performance. Regular updates provide insights into how the company maintains its competitive edge through quantitative marketing solutions and scalable customer acquisition frameworks.
Bookmark this resource for streamlined tracking of EverQuote's initiatives in digital insurance distribution. Check back frequently for verified updates on its evolving role in transforming consumer access to auto, home, and life insurance products.
EverQuote Announces Promotion of Jayme Mendal
EverQuote, Inc. (Nasdaq: EVER) has promoted Jayme Mendal to President, effective Nov. 10, 2020. CEO Seth Birnbaum highlighted Mendal's leadership over the past three years, emphasizing his contributions to the company’s growth strategy and team development. Mendal joined EverQuote in 2017, previously serving as Chief Operating Officer and Chief Revenue Officer. His extensive background includes roles at PowerAdvocate and Monitor Deloitte, along with an MBA from Harvard Business School, reinforcing his strategic direction at EverQuote.
EverQuote (Nasdaq: EVER) has announced the promotion of Nick Graham to Marketplace Chief Revenue Officer as of November 10, 2020. Over the past two years, Graham has proven to be a strong leader, enhancing revenue growth and reducing agent churn in the Agency business. In his new role, he will oversee all Agency and Enterprise distribution. Graham previously served as General Manager of EverQuote’s Agency business, joining the company in 2018 after working at Bain & Company. He holds degrees from MIT and Georgia Tech.
EverQuote, Inc. (Nasdaq: EVER) has announced the promotion of Jayme Mendal to President. CEO Seth Birnbaum praised Mendal's leadership over the past three years, highlighting his strategic direction in traffic, product, distribution, and innovation. Mendal, who joined EverQuote in 2017 as COO and CRO, has a background in finance and economics from Washington University and an MBA from Harvard Business School. EverQuote operates a leading online insurance marketplace, aiming to simplify and personalize insurance for consumers.
EverQuote, a leader in online insurance marketplaces, will participate in multiple investor conferences, featuring management-hosted presentations and one-on-one meetings.
The events include:
- RBC Global Technology Conference on November 17, 2020, at 10:40 a.m. ET.
- Raymond James Technology Investors Conference on December 7, 2020, at 5:00 p.m. ET.
- UBS Technology Conference on December 8, 2020, at 8:25 a.m. ET.
Live audio webcasts will be available on their investor relations website.
EverQuote reported a strong Q3 2020 with revenue increasing by 34% year-over-year to $90.0 million. Non-auto insurance revenue surged 55% to $15.2 million, marking significant growth across key verticals. The Variable Marketing Margin grew 41% to $29.4 million. Despite a GAAP net loss of $3.2 million, the company raised its full-year guidance for 2020, anticipating revenues of $340.0 - $342.0 million. The company successfully integrated with 72% of its carrier partners, enhancing customer experience.
EverQuote, Inc. (Nasdaq: EVER) announced the addition of Tom Gruber to its Advisory Board. Gruber, a co-founder of Siri, is recognized for his expertise in AI and machine learning. CEO Seth Birnbaum highlighted Gruber’s experience in building consumer-centric products, aligning well with EverQuote's data-focused approach.
Gruber expressed excitement about leveraging data to enhance consumer safety and financial security. His extensive background in technology and product design is expected to drive innovation within EverQuote's offerings.
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.
EverQuote, a prominent online insurance marketplace, announced it will release its third quarter 2020 financial results on November 2, 2020, after market close. A conference call will follow at 4:30 p.m. ET to discuss these results, along with recent developments and business outlook. Investors can participate in the call via toll-free numbers or access the live webcast on the company's investor relations page. EverQuote aims to enhance the insurance shopping experience through data and technology, facilitating better protection for consumers' vital assets.
EverQuote, a leading online insurance marketplace, announced that Co-founder & CEO Seth Birnbaum will participate in a discussion hosted by JMP Securities analyst Ron Josey on September 8, 2020, at 11:00 am ET. This event is significant for investors and stakeholders, as it provides insights into the company's strategies and market outlook. The discussion will be accessible via a live audio webcast and will be archived for later viewing on EverQuote’s investor relations website.
EverQuote, Inc. (Nasdaq: EVER) has announced its acquisition of Crosspointe Insurance & Financial Services, a health insurance agency. This strategic move aims to enhance EverQuote's digital distribution platform for health insurance, capitalizing on a $130 billion market. The acquisition is expected to close by Q3 2020, with funding sourced from EverQuote's cash reserves. This partnership will bolster customer engagement and revenue diversification, aiming to improve the consumer experience in the health insurance sector.
