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Goosehead Insurance, Inc. (NASDAQ: GSHD) is a rapidly growing and innovative independent personal lines insurance agency. The company operates through both corporate and franchise locations across the United States, offering a wide range of insurance products including homeowner's insurance, auto insurance, and various other personal lines such as flood, wind, earthquake, excess liability, and umbrella insurance. In addition, Goosehead provides specialty insurance products like motorcycle and recreational vehicle insurance, as well as commercial lines insurance for small businesses and life insurance.
Founded on the principle of prioritizing the consumer, Goosehead's business model focuses on offering clients the power of choice by representing over 150 insurance companies. This allows clients to find the best policies at competitive rates, something that typical agencies can't match. The company prides itself on its high levels of customer retention and satisfaction, boasting a Net Promoter Score of 90 and an 88% customer retention rate.
Goosehead's recent achievements include a 36% growth in written premiums in the second quarter of 2023, with total premiums expected to be between $2.87 billion and $2.99 billion for the year. The company's success is attributed to its industry-leading technology, effective marketing tools, and a centralized back office that supports both corporate and franchise agents.
In addition to its core insurance products, Goosehead offers a Franchise Program and an Agency Launch Program, which provide aspiring entrepreneurs with the tools and training necessary to operate a successful insurance agency. The programs offer extensive training in sales, network development, and agency building.
Goosehead has also recently expanded its technology partnerships, including an embedded insurance strategy with Clearcover, which streamlines the quoting process for auto insurance. This integration highlights Goosehead's commitment to utilizing cutting-edge technology to enhance both agent and client experiences.
With a vision to become the largest distributor of personal lines insurance in the U.S., Goosehead continues to innovate and grow, providing extraordinary value to both its clients and shareholders.
Goosehead Insurance (NASDAQ: GSHD) will release its Q3 2021 results after market close on October 27, 2021. A conference call to discuss the results is scheduled for 4:30 PM ET the same day. Participants can join by calling (855) 327-6837 or (631) 891-4304. A live webcast will be accessible on Goosehead's investor relations website. Goosehead is known for its innovative personal lines insurance services, operating over 1,800 franchise locations across the U.S. and representing more than 140 insurance companies.
Goosehead Insurance (NASDAQ: GSHD) has launched a Digital Agent Platform, enabling insurance quotes in under two minutes from over 140 carriers. This AI-powered platform simplifies the insurance shopping experience by allowing consumers to enter basic information and receive accurate home and auto quotes quickly. The platform ensures privacy and connects users with agents for personalized support. CEO Mark E. Jones emphasized the platform's unique features and its potential to transform consumer expectations in the insurance sector.
Goosehead Insurance reported impressive second-quarter results for 2021, with total revenues of $38.2 million, an increase of 28% year-over-year. Core revenues surged by 40% to $34.7 million. The company recorded net income of $3.1 million, with a special cash dividend of $60 million declared. Total written premiums rose 46% to $399 million, while policies in force grew by 48% to 872,000. Additionally, Goosehead plans to launch a Digital Agent Platform, expected to enhance the client experience and revenue growth.
Goosehead Insurance (NASDAQ: GSHD) will announce its second quarter 2021 results after market close on July 28, 2021. The company is set to unveil a new direct-to-consumer platform aimed at enhancing the insurance shopping experience. A conference call will be held at 4:30 PM ET on the same day to discuss the results and preview the technology. Interested parties can join via a toll-free number or through a live webcast available on Goosehead’s investor relations website. A replay of the call will be accessible for one year post-event.
Goosehead Insurance, a rapidly growing independent personal lines insurance agency listed on NASDAQ as GSHD, announced that Michael Colby, the President and COO, will join a panel discussion at the BofA Securities InsurTech Conference. The event is scheduled for June 30, 2021, at 12:35 PM Eastern Time, focusing on The Future of Insurance Distribution. A live webcast will be accessible via the company’s investor relations website, with a replay available afterward. Goosehead represents over 140 insurance companies across the U.S. and operates over 1,628 franchise locations.
Goosehead Insurance (NASDAQ: GSHD) will participate in a fireside chat at the Bernstein Strategic Decisions Conference on June 2 at 4:30 PM ET. Mark E. Jones, CEO, will be joined by CFO Mark Colby, along with VPs Brian Pattillo and Dan Farrell.
A live webcast will be available on the investor relations section of Goosehead's website, with a replay accessible afterward. Goosehead is a fast-growing independent insurance agency representing over 140 companies with over 1,628 franchise locations across the U.S.
Goosehead Insurance (NASDAQ: GSHD) announced that CEO Mark E. Jones will participate in a fireside chat at the William Blair Growth Stock Conference on June 1st at 9:40 AM ET. He will be joined by COO Michael Colby, CFO Mark Colby, and VP of Capital Markets Dan Farrell. Investors can access the live webcast and subsequent replay on the Company's investor relations website. Goosehead is a growing independent personal lines insurance agency offering a wide range of products through over 1,628 locations across the U.S.
Goosehead Insurance, Inc. (GSHD) reported a strong first quarter of 2021, with revenues rising 53% year-over-year to $31.2 million and core revenues increasing by 47% to $26.7 million. Total written premiums grew 49% to $319 million, and policies in force reached 788,000. Despite a net loss of $1.1 million, adjusted EBITDA rose 73% to $2.1 million. The company has revised its full-year outlook, anticipating total written premiums between $1.50 billion and $1.56 billion, showing continued growth. The results reflect robust business expansion and effective investments.
Goosehead Insurance (NASDAQ: GSHD) will report its Q1 2021 results on April 29, 2021, after market close. A conference call is scheduled for 4:30 PM ET that day, with a dial-in number of (855) 327-6837 for toll-free calls and (631) 891-4304 for international participants. It's advised to join 10 minutes prior to the call. A live webcast will also be accessible on the company’s investor relations website. Replay of the call will be available for one year.
Goosehead is an independent personal lines insurance agency representing over 140 insurers across the U.S.
Goosehead Insurance (NASDAQ: GSHD) announced that Chairman and CEO Mark E. Jones will participate in a fireside chat at the RBC Capital Markets Global Financials Conference on March 10 at 1:20 PM Eastern Time. He will be joined by President and COO Michael Colby and CFO Mark Colby. A live webcast link will be available in the investor relations section of the company's website, and a replay will follow the event. Goosehead is a fast-growing independent personal lines insurance agency, offering services nationwide and representing over 140 insurance companies.