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NetQuote
NetQuote® provides consumers with a free, simple, and effective way to fulfill their insurance shopping needs. NetQuote works with hundreds of partner companies and over 17,000 local insurance agents that provide insurance quotes based on information that you supply. NetQuote is the insurance industry’s largest and fastest-growing lead generation company, and the Web’s No.1 most-visited insurance site.
About NetQuote
NetQuote provides consumers with a free, simple, and effective way to conveniently shop online for insurance by connecting consumers to agents from all the top insurance companies. Agents compete for an insurance shopper’s business and offer competitive quotes so consumers can save money on the protection they need. NetQuote has trusted relationships with thousands of local insurance agents at over 100 of the nation’s top insurance companies.
NetQuote’s mission is to provide articles, information, and guidance for consumers on the best ways to save, shop for and choose the right insurance policy, while continuing to offer insurance agents with ever-improving tools and leads to help them drive to success.
NetQuote has a simple model. Consumers complete a secure online application, NetQuote matches their application with the right agents, and within minutes the consumer receives multiple insurance quotes directly from those competing companies. Consumers can then compare a variety of insurance coverage plans and rates, and choose the right insurance carrier and policy that meets their needs and fits their budget.
NetQuote is headquartered in Denver, Colorado.
Stripes’ History with NetQuote
Stripes acquired NetQuote with Spectrum Equity in 2005. Since then, the company has evolved to offer consumers an even more robust comparison shopping experience and agents a more efficient sourcing model. With hundreds of articles and information resources for consumers and tools for agents, Netquote continues to help visitors and agents make the right choices in the insurance shopping marketplace.
In Our Time As Partners
- Stripes helped to recruit NetQuote’s past CEO and currently active Chairman, Gregg Coccari. Prior to NetQuote, Gregg spent 16 years as an executive with Roll International, working with the Franklin Mint and Teleflora.
- NetQuote has positioned itself as a lead “clearinghouse” and has expanded its business model to new types of insurance (from Auto to Home, Health, Life, Business and Renters)
- The NetQuote website has served more than 25 million visitors, with more than 600,000 applications processed per month
- NetQuote was named a 2008 finalist for the Best Places to Work in Colorado
Hear From the CEO
Paul Ford
Current CEO of NetQuote
"I have found Stripes sets itself apart from typical investors with appropriate involvement in their portfolio companies and their focus on long term value. Unlike most VCs and private equity teams who are simply financial investors, Stripes is truly both a financial and a strategic investor. Their unique DNA in this regard is what I have come to appreciate the most. Stripes is not spread too thin across too many investments, so the team is able to provide guidance and perspective whenever we request it and take active roles in mission-critical areas of the business, most significantly with recruiting.
Stripes' focus on achieving long term value, in combination with their willingness to get involved, has also meant they have been critical to NetQuote's overall corporate positioning. Their broad perspective and industry insights have been instrumental in making NetQuote the clear market leader."
Paul Ford, CEO of NetQuote