CAMBRIDGE, Mass., Oct. 1, 2019 /PRNewswire/ -- EverQuote, Inc.
(NASDAQ: EVER), a leading online marketplace for insurance shopping
in the US, is pleased to announce that Eric
Terada has joined the company as General Manager of the Home
& Renters Verticals. In this role, Eric will serve as the
single-threaded leader to help drive profitable growth in these
emerging verticals.
"We are very excited for Eric to join our leadership team as we
continue to add key talent. Eric's internet marketplace experience
leading high profile initiatives at Wayfair, along with his
previous analytical and management experience at McKinsey &
Company, make him uniquely qualified to step into a general manager
role for one of our fastest growing verticals. He shares our
passion for building teams, improving the insurance shopping
experience, and our enthusiasm about the immense market opportunity
in the shift to insurance shopping online," said COO Jayme Mendal.
"I'm thrilled to join EverQuote at a truly exciting juncture in
the Company's history. We are well-positioned to achieve
outsized growth as the leading online insurance marketplace for
consumers and partners. I'm especially excited to work with the
exceptionally talented and collaborative team at EverQuote," said
Eric Terada.
Eric joins EverQuote with over 15 years of business and
operations experience at leading organizations such as Wayfair,
McKinsey & Company, and Deloitte. Eric holds an MBA from The
University of Chicago and a BA from
Northwestern University.
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.