| | Business Summary | | Quotesmith.com,
Inc.
offers
an
Internet-based
insurance
service
that
enables
consumers
and
business
owners
to
obtain
instant
quotes
from
over
300
insurance
companies,
the
accuracy
of
which
are
guaranteed
by
the
Company.
Combining
the
Internet
with
its
proprietary
database
and
17
years
of
industry
experience,
the
Company
provides
a
quote-to-policy-delivery
insurance
solution.
Quotesmith.com
has
created
a
model
that
is
designed
to
address
the
challenges
faced
by
traditional
insurance
distribution
methods
in
a
manner
that
offers
significant
benefits
to
both
consumers
and
insurance
companies.
The
Quotesmith.com
model
is
designed
to
allow
consumers
to
efficiently
search
for,
analyze
and
compare
insurance
products;
quickly
request
and
obtain
insurance
quotes;
and
easily
select
and
purchase
insurance
from
the
insurance
company
of
their
choice. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Quotesmith.com,
Inc.
is
an
Internet-based
insurance
service
that
allows
consumers
and
business
owners
to
search
for,
analyze
and
obtain
insurance
products,
quickly
request
and
obtain
insurance
quotes,
and
purchase
insurance
from
the
company
of
their
choice.
For
the
six
months
ended
6/30/01,
revenues
fell
48%
to
$4.6
million.
Net
loss
fell
60%
to
$5.1
million.
Revenues
reflect
a
reduced
number
of
policies
sold.
Lower
loss
reflects
decreased
sales
and
marketing
expenses. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Robert Bland, 47
Chairman,
Pres and CEO | $242K | Walter Kulikowski, 46
CFO,
VP | -- | William Thoms, 48
Exec.
VP | 224K | Hao Chang, Ph.D., 41
Sr.
VP, CIO | -- | Willard Hemsworth, II, 56
Sr.
VP, Marketing | -- | | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/q/quot.gif)