InsWeb

Infobox_Company
company_name = InsWeb
company_
company_type = Public (NASDAQ|INSW)
foundation = 1995
founders = Hussein A. Enan and Darrell Ticehurst
location = Gold River, California, USA
num_employees = Approx. 80
industry = Insurance
products = Insurance Marketplace
homepage = [http://www.insweb.com/ www.insweb.com] [http://blog.insweb.com/ http://blog.insweb.com]

InsWeb is an online insurance marketplace designed to allow consumers to compare insurance products and rate quotes from a variety of providers.

InsWeb does not provide insurance directly. The company connects consumers with multiple providers via a proprietary online technology platform. Customers receive price quotes for the various insurance products they choose and are contacted by outside insurance agents and/or companies to continue the purchasing process. [ [http://www.moneyline.com/finance/stocks/overview?symbol=INSW.OQ Reuters Moneyline.com] ]

History

InsWeb was founded in 1995 by Hussein A. Enan [ [http://www.thefreelibrary.com/The+comeback:+after+12+difficult+years,+InsWeb+has+become+profitable...-a0172249963 thefreelibrary.com] ] and Darrell Ticehurst and became a publicly traded company in 1999 [ [http://sacramento.bizjournals.com/sanjose/stories/1999/07/26/daily3.html sacramento.bizjournals.com] ] . InsWeb created the first online insurance marketplace. InsWeb.com was the first website that allowed a user to receive multiple insurance quotes from multiple providers by filling out a single form.

Awards and Recognitions

InsWeb has been recognized by several prominent publications since its founding including: [ [http://www.insweb.com/about_insweb/recognition.html InsWeb.com Recognition] ]
*Kiplinger (2007)--"Best Auto Insurance Website" [ [http://www.thesunsfinancialdiary.com/articles/kiplingers-best-list/ thesunsfinancialdiary.com] ]

*Forbes (2007)--"Best of the Web" and "Forbes' Favorite" [ [http://www.forbes.com/bow/b2c/category.jhtml?id=63 forbes.com] ]

References