Insurtech, QuoteWizard Acquires Bantam Connect

QuoteWizard, a Seattle, WA-based insurance comparison marketplace, acquired Bantam Connect, a Rancho Cordova, CA-based provider of insurance industry warm call transfers.

The amount of the deal was not disclosed.

Bantam’s innovative lead generation technology connects calls from ready-to-purchase insurance consumers directly to carriers, providing warm call transfer consumer acquisition services.

Led by Brad Cooper, CEO, Bantam offers integrated warm call transfers, inbound call programs and real-time insurance leads for several insurance segments. Its call center provides contact rates for its call transfer clients, allowing carriers and agents to connect with customers. Bantam’s filtering options allow clients to precisely target the leads they seek, based on specific criteria such as type of insurance, location, coverage levels, and more.

The addition of Bantam allows QuoteWizard to grow and enhance the technological potential of its calls service, diversify its product offerings, and increase its customer traffic acquisition capabilities. As part of the acquisition, QuoteWizard will retain all of Bantam’s management team and ongoing call center operations. The transaction is effective immediately and all of Bantam’s approximately 30 employees have become QuoteWizard employees.

Founded in 2006 by CEO Scott Peyree, QuoteWizard is an insurance comparison marketplace that provides consumers with direct access to thousands of qualified agents in all 50 states, as well as major carriers, who offer personalized quotes and the opportunity to save up to 40% on auto, home, and health insurance.

FinSMEs

14/01/2018

Join the discussion