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ComparisonMarket, Inc. Receives $12 Million in Additional Funding; Second round of funding will enable Company to expand online auto insurance service offering for financial services providers.

Publication: PR Newswire
Publication Date: 28-JAN-02
Format: Online
Delivery: Immediate Online Access

Article Excerpt
CLEVELAND -- ComparisonMarket, Inc., which enables financial services providers to offer customers automobile insurance from leading national providers, announced today that it has received an additional $12 million in funding. The Company provides online tools and call center services that allow financial institutions' customers to compare accurate, real-time quotes from leading auto insurers and purchase policies immediately.

"This round of funding gives us the capital to aggressively market our capabilities," said David L. Roush, CEO of Comparison Market. "We've built strong partnerships with some of the premier national auto insurance companies, we've established...

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