Thomas McDermott Joins EverQuote as SVP of Health & Medicare
EverQuote, Inc. (Nasdaq: EVER) has appointed Thomas McDermott as Senior Vice President of Health & Medicare, effective July 21, 2020. McDermott brings over 20 years of experience from companies like Wayfair and McKinsey & Company. He is expected to drive growth in EverQuote's Health and Medicare sectors through innovative strategies. EverQuote operates a leading online insurance marketplace, connecting consumers with insurance providers, and aims to enhance consumer value through technology.
- Thomas McDermott's extensive experience in tech-focused roles may drive growth in Health & Medicare.
- Appointment aligns with EverQuote's strategy to enhance its marketplace through innovation.
- None.
CAMBRIDGE, Mass., July 21, 2020 (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, is pleased to announce that Thomas McDermott has joined as Senior Vice President of Health & Medicare.
“Tom is a skilled manager with extensive experience operating at scale in a tech and data centric environment. His background well positions him to drive growth and expansion in our Health and Medicare business in the coming years. We’re absolutely thrilled to have him join the EverQuote leadership team.”
“EverQuote is an exceptionally rare company - data driven and composed of talented, disciplined builders,” said McDermott. “The world class EverQuote team is disrupting the massive, growing online insurance market through the creative application of technology and a laser focus on adding value for consumers and partners alike. I’m excited to join the team and continue to fuel the build out of their Health and Medicare offerings.”
Mr. McDermott joins EverQuote with over 20 years of experience growing winning teams at organizations such as Wayfair, early stage public-private partnerships, McKinsey & Company and the U.S. Navy. Tom holds a MBA from the Kellogg School of Management and a B.S. in Ocean Engineering from the U.S. Naval Academy.
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) our ability to grow our 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 data & technology platform matches and connects consumers seeking to purchase insurance with relevant options from the company's broad direct network of insurance providers, saving consumers and providers time and money. EverQuote's mission is to empower insurance shoppers to better protect life's most important assets—their family, property, and future.
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
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