Long-term Profitability and Market Expansion Strategy
Company Snapshot
◉
One of the insurance industry's largest online customer
acquisition and distribution platforms
3rd party Marketplace with 100+ carriers and 8,500+ local
agents; 1st party DTCA platform with 200+ agents
Diversified model serving consumers and providers in the
auto, home & renters, life and health insurance markets
Highly scalable, proprietary platform powered by deeply
integrated machine learning and data assets
28%
Revenue
CAGR (5yr)1
4.9x
YOY DTCA4
revenue growth
Insurance verticals
31%
VMM²
CAGR (5yr)1
4.3X
95%
Non-Auto³
CAGR (5yr)¹
2.7X
YOY DTCA4
policy growth
YOY DTCA4
agent growth
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Founded by MIT alumni in 2011 with headquarters in
Cambridge, MA; IPO in summer 2018
Auto
Life
ПС
Home & Renters
Health
1. Based on the compound annual growth rate (CAGR) from 2016 - 2021;
EVERQUOTE
2. "VMM" refers to Variable Marketing Margin
3. "Non-auto" refers to non-auto insurance verticals
Proprietary Information
5
4. Year-over-year increase based on 1Q2022 over 1Q2021 for combined DTCA operations; policy growth based on policies submitted and agent growth based on average within the period.View entire presentation