CAMBRIDGE, Mass., Sept. 26, 2019 /PRNewswire/ -- EverQuote, Inc., a
leading online insurance marketplace in the U.S., is pleased to
announce that Jay Watt has joined as
SVP of Distribution Services. Jay will focus on growing our
marketplace and launching innovative products to connect more
insurance shoppers with the right policies for them.
"Jay is an experienced, entrepreneurial and consumer-centric
leader," said COO Jayme Mendal, "At
Amazon, he had a strong track record of designing and building
innovative solutions to meet a range of consumer and partner needs.
This experience will be valuable as EverQuote continues to improve
and evolve our marketplace experience for all participants."
"EverQuote's vision is simple - make finding the right insurance
easier, faster and more transparent. Today, connecting consumers
with the right insurance options is complex and full of friction,
with consumers spending large amounts of time sorting through
carriers that do not best match their needs. EverQuote continues to
build advanced analytics and technology to that process faster,
more intuitive and accurate. I joined to be part of EverQuote's
relentless drive to improve the insurance shopping experience, help
consumers make the best decisions possible and get the protection
they need," said Watt.
"Jay brings a rich background as a business owner and operator.
His deep analytics experience and entrepreneurial drive make him a
perfect fit for building our distribution services business. I look
forward to building innovative solutions and products together,"
said Seth Birbaum, CEO.
Jay Watt was most recently a
Product and Technology Strategist for Amazon. Previously, he
developed and operated a Transportation Marketplace for Amazon
Sellers. Before Amazon, Jay was a Partner in an operations strategy
consulting firm which was acquired by Accenture. He was also part
of the early team at Kiva Systems a novel warehouse automation
solution provider which was acquired by Amazon in 2012.
Safe Harbor Statement
Any statements in this press release about future expectations,
plans and prospects for EverQuote, Inc. ("EverQuote" or the
"Company"), including statements about future results of operations
or the future financial position of the Company, including
financial targets, business strategy, plans and objectives for
future operations and other statements containing the words
"anticipates," "believes," "expects," "plans," "continues" and
similar expressions, constitute forward-looking statements within
the meaning of The Private Securities Litigation Reform Act of
1995. Actual results may differ materially from those
indicated by such forward-looking statements as a result of various
important factors, including: (1) the Company's ability to
attract and retain consumers and insurance providers using the
Company's marketplace; (2) our ability to grow our marketplace and
launch innovative products to connect more insurance shoppers with
the right policies for them; (3) the Company's ability to
maintain or increase the amount providers spend per quote request;
(4) the effectiveness of the Company's growth strategies and its
ability to effectively manage growth; (5) the Company's ability to
maintain and build its brand; (6) the Company's reliance on its
third-party service providers; (7) the Company's ability to develop
new and enhanced products and services to attract and retain
consumers and insurance providers, and the Company's ability to
successfully monetize them; (8) the impact of competition in the
Company's industry and innovation by the Company's competitors; (9)
the Company's expected use of proceeds from its initial public
offering; and (10) other factors discussed in the "Risk Factors"
section of the Company's most recent Quarterly Report on Form 10-Q,
which is on file with the Securities and Exchange Commission.
In addition, the forward-looking statements included in this press
release represent the Company's views as of the date of this press
release. The Company anticipates that subsequent events and
developments will cause the Company's views to change.
However, while the Company may elect to update these
forward-looking statements at some point in the future, the Company
specifically disclaims any obligation to do so. These
forward-looking statements should not be relied upon as
representing the Company's views as of any date subsequent to the
date of this press release.
About EverQuote
EverQuote operates a leading online insurance marketplace
in the U.S., connecting consumers with insurance providers.
The company's data & technology platform matches and connects
consumers seeking to purchase insurance with relevant options from
the company's broad direct network of insurance providers, saving
consumers and providers time and money. EverQuote was founded with
the vision of applying a scientific, data-driven approach to help
consumers find the best price and coverage for their individual
insurance needs.
For more information, visit EverQuote.com and follow on
Twitter @EverQuoteInsure.
Investor Relations Contact:
Brinlea Johnson
The Blueshirt Group
212-331-8424
Brinlea@blueshirtgroup.com
Or
Allise Furlani
The Blueshirt Group
212-331-8433
allise@blueshirtgroup.com
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SOURCE EverQuote, Inc.