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CoverHound, Inc Launches CoverHound Insurance Solutions

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Agency Adds New Dimension to Startup’s Online Comparison Shopping Platform

SAN FRANCISCO -- November 15, 2011 --- CoverHound, a venture-backed San Francisco-based startup, announced today that it has established CoverHound Insurance Solutions (CIS), a national full-service independent agency that will help power its flagship comparison product launching in January. CoverHound’s new service will give consumers instant, accurate and actionable rates from leading car insurance carriers.

“CoverHound’s mission is to allow our shoppers to easily compare policies from all the top brands -- CIS is a critical component of that unique model,” said Basil Enan, Founder & CEO of CoverHound. “By supplementing our direct-to-consumer and captive agency carrier relationships with our own independent agency, we give our shoppers access to an unprecedented selection of providers and a team of insurance experts available online and over the phone to help them make more confident insurance decisions.”

To lead the new Southern California-based agency, CoverHound tapped insurance industry veteran Greg Isaacs, who has joined the team as President of CoverHound Insurance Solutions.

“I am very excited about the opportunity to join CoverHound. I believe what we’re building will be a game-changer for the insurance buying experience. Consumers will now have transparency and control like they’ve never had before, and CIS will provide them the professional advice to assist them in making the best possible decision.”

Before joining CoverHound, Isaacs was the Chief Operating Officer at Liberty Company Insurance Brokers, where he oversaw company operations, expense management, production, and marketing strategy. He previously served as COO and Principal at National Insurance Solutions. Earlier in his career, he held various roles in production management for 21st Century Insurance, Countrywide Insurance Solutions and State Farm Insurance.

“We’re thrilled to have Greg on board. His deep experience building an agency and working for some of the leading carriers makes him a perfect fit to lead CIS.” said Enan. “We consider it a huge win that a seasoned industry veteran is joining CoverHound at this early stage in our development. It says a lot about the progress we’ve made to date.”

About CoverHound
CoverHound is where smart shoppers find car insurance. Dedicated to giving consumers transparent access to the best car insurance rates, CoverHound provides smart recommendations and personalized quotes. With the guarantee of no spam and promise to keep all private information safe, consumers stay in control. CoverHound graduated from AngelPad -- the startup incubator founded by seven ex-Googlers -- in spring 2011, right before securing seed funding from Blumberg Capital. For more information, visit coverhound.com.

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