CoverHound

insurtechaggregators / policy management

FOUNDING YEAR: 2010
LOCATION: United States
Last Update: 23/02/2021

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About

CoverHound is a recognized insurance technology leader based in San Francisco, which offers digital shoppers instant quotes and curated comparisons of real insurance options from our top property & casualty insurance carriers in the US. CoverHound adds transparency and simplicity to the insurance industry, offering fast, accurate, and actionable rates from a curated list of leading property & casualty insurers available for both your personal and business insurance needs. Compare with Confidence online today at CoverHound.com

MEDICI Analysis

CoverHound is a technology company offering a platform for consumers to shop for car insurance. CoverHound provides smart recommendations and personalized quotes.

Focus

PRODUCTS & SERVICES

Platform for comparing car insurances

REVENUE MODEL

The company do not charge any brokerage fees. The carriers pay a commission based on policy sales and renewals.

MAIN CLIENTS

Source Interlink Media

EXISTING PARTNERSHIPS

Safeco Insurance

Hartford

Good2go

Cse Insruance group

Progressive

Infinity auto insurance

Kemper speciality

esurance

21st century

TravellersJ

Dairyland Auto

PRIMARY PROBLEM SOLVED

Provide a fast, easy and cost effective service to its users where they can compare car insurance policies.

COMMENT

The platform claims that an average CoverHound customer saves $539* per year.

Traction

VALUATION / MARKET CAP:

$93 M in 2015

COMPANY TYPE:

For Profit

company provided insights
Acquisitions

M&A

ACQUIRED BY

Brown & Brown

ANNOUNCED DATE

Nov 2020

PRICE

$111 M

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

47,899

AVERAGE VISITS (6 MONTHS)

50,700.86

MONTHLY VISITS GROWTH

12.89%

VISIT DURATION

929

VISIT DURATION GROWTH

797.26%

PAGE VIEWS VISIT

2.04

PAGE VIEWS VISIT GROWTH

-3.46%

BOUNCE RATE

77.75%

BOUNCE RATE GROWTH

2.45%

GLOBAL TRAFFIC RANK

536,395

MONTHLY RANK CHANGE

-186,364

MONTHLY RANK GROWTH

-25.79%

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