Quantum Assurance International Announces Insurtech Acquisition
DALLAS, TEXAS, UNITED STATES: Quantum Assurance International, Inc, the leading insurtech agency activator has further enhanced it’s support system for agents in it’s announcement to acquire insurtech Quotehound Inc., a digital lead solutions company. This acquisition strengthens Quantum’s commitment to helping agencies succeed and providing them with the tools they need to scale in the modern market.
Quotehound Inc, is an online insurance marketplace that connects consumers with multiple insurance companies and local insurance agents across the United States. They leverage internal and external technology to deliver performance-based marketing in the form of leads, clicks and calls. Quotehound's business model allows its partners to build scalable marketing plans and deliver an agency’s ideal customer to them from across the country using proprietary technology and formulas. Acquiring Quotehound will better connect Quantum agents with the most cutting-edge lead marketing strategies and aligns with Quantum’s vision to provide agents with an ecosystem that supports high-volume new business growth.
“We are committed to serving agents and consumers as we transform how clients experience insurance in the digital marketplace. This acquisition will help agents compete in the digital space and will have a positive impact on businesses across the country as they broaden their reach and better meet the needs of the modern client.” – Justin Eggar, CEO, Quantum Assurance International.
Jeff Shi, a Quantum cofounder, is joining in the acquisition by stepping into a new role as CEO of Quotehound.
“The Quotehound team is committed to supporting agents with the vital tools they need to stay relevant and succeed in a highly competitive environment. Agents deserve transparency as they build their digital marketing plans and we look forward to partnering with them to fuel their growth.” – Jeff Shi, CEO, Quotehound
Shi’s new role at Quotehound will work to bolster their organization's impact on the industry as they continue to seek ways to disrupt and improve the insurance world. Quantum expects the acquisition to close later this quarter.
