About Answer Financial
Answer Financial is a Financial Services company based in Los Angeles (United States) founded in 1997, and was acquired by Allstate in May 2011. An auto home insurance agency. The company has 463 employees. Its website answerfinancial.com draws about 39 thousand monthly visits. Its focus areas include FinTech, Internet First Insurance Platforms, Insurance Comparison Platforms and P&C. Its legal entity is ANSWER FINANCIAL, INC. Its competitors include Next Insurance, Marble and Gabi; 3 of its 3 listed competitors have raised funding.
Company details
Answer Financial was founded in 1997 in Los Angeles, United States, as an insurance agency in the financial services sector. Insurance products, including auto, homeowners, condo, renters, motorcycle, RV, and boat coverage, are offered for comparison and purchase from top-rated insurers. Services are available to shoppers across all 50 states, with membership held in the Independent Insurance Agents Brokers of America.
- Headquarters Los Angeles, United States
- Employees 463
- Stage Acquired
- SectorsFinancial Services
- Website category Finance · Insurance
- Website answerfinancial.com
- Social LinkedIn X Facebook
- Acquired by Allstate (May 2011)
- Legal Name Answer Financial, Inc.
Investors in Answer Financial
Answer Financial has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Allstate.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Online insurance for life, property, auto, and business is provided. | 1931 | allstate.com | Chicago, United States |
Investor details for Answer Financial
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People of Answer Financial
30 people are tracked at Answer Financial (15 in leadership, 15 in team); the tracked headcount is 463.
| Name | Role | Group |
|---|---|---|
Gillian W. | Insurance Product Director | Leadership |
Ed Clark | President | Leadership |
Sangram Reddy | Director of Customer Experience & Design | Leadership |
Charles van Devender | Sr. Partner Success Manager | Leadership |
Shelby Fogelman | VP, Senior Corporate Counsel & Compliance Officer | Leadership |
Kaylan Dombrowski | Director, Insurance Product Management - Answer Financial | Leadership |
Jennifer S. | Senior Vice President | Leadership |
Victor Burga | Director Of Financial Planning And Analysis | Leadership |
Randy Sue | Director, Ebusiness | Leadership |
Eric Bur | Director Of Business Development | Leadership |
Jerry Hsieh | Director, Analytics And Carrier Profitability | Leadership |
Terri Alexander | Director, Human Resources & Talent Acquisition | Leadership |
Sylvia Kokiousis | Director Partner Solutions - Strategic Partnerships | Leadership |
Steve Barstow | Director Of Infrastructure | Leadership |
Todd Williams | IT Director & Information Security Officer | Leadership |
Emma Houser | Senior Financial Analyst | Team |
Karen Chisholm | Product Manager | Team |
Joseph Guillory | SVP, Finance & Information Officer | Team |
Jennifer Sherry | SVP, Agency Operations & Human Resources | Team |
Cristina C. | QA Engineer | Team |
10 more people are available in the full profile.
Complete people profiles for Answer Financial
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Timeline of Answer Financial
2 dated milestones of Answer Financial across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Answer Financial is founded.
- Exit Acquired by Allstate.
Competitors of Answer Financial
Answer Financial has 3 listed competitors in our database, 3 of them funded. They include Next Insurance, Marble and Gabi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nextinsurance.com | 2016 | Palo Alto, United States | $1.12B | Online small business insurance policies are provided. | ||
| marblepay.com | 2020 | New York, United States | $6.73M | Insurance quotes are compared via a reward-based platform for individuals. | ||
| gabi.com | 2016 | San Francisco, United States | $39.1M | 72 | Online comparison of property and casualty insurance quotes is facilitated. |
Detailed competitors of Answer Financial
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Web traffic of Answer Financial
The website of Answer Financial (answerfinancial.com) receives about 39K visits a month and ranks #564,268 among all websites worldwide, #2,727 in Insurance.
- Monthly visits39K
▲ 15.4% vs previous month
- Unique visitors18.8K
per month
- Global rank#564,268
among all websites
- Category rank#2,727
Finance · Insurance
- Bounce rate34%
- Pages per visit6.6
- Average visit1 min 12 sec
- DevicesDesktop 37% · Mobile 63%
Websites whose visitors overlap most with Answer Financial. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| geico.com | 100% | 13.7M | #2,897 | View details | |
| netquote.com | 97% | 25.1K | #1,031,922 | View details | |
mostchoice.com | mostchoice.com | 96% | – | ||
| allstate.com | 96% | 11.9M | #3,679 | View details | |
| amica.com | 96% | 1M | #44,345 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 26 similar websites and full traffic analytics for Answer Financial
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- 26 similar websites
- Audience overlap
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Top companies in Insurance Providers
3 companies that operate in the same segment as Answer Financial (Insurance Providers) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of a cloud-based platform for life and P&C insurance | 2015 | New York, New York, United States | USD 644 M | USD 615.2 M | 1,471 | |
Online small business insurance policies are provided. | 2016 | Palo Alto, California, United States | USD 1.12 B | 549 | ||
App-based comparison platform for financial products | 2009 | San Francisco, California, United States | USD 123.3 M | USD 836.6 M | 650 |
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Related news about Answer Financial
Complete news archive for Answer Financial
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Frequently Asked Questions about Answer Financial
Answer Financial was founded in 1997.
Answer Financial is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Answer Financial has 463 employees.
Answer Financial was founded in 1997 in Los Angeles, United States, as an insurance agency in the financial services sector. Insurance products, including auto, homeowners, condo, renters, motorcycle, RV, and boat coverage, are offered for comparison and purchase from top-rated insurers. Services are available to shoppers across all 50 states, with membership held in the Independent Insurance Agents Brokers of America.
Answer Financial's top competitors include Next Insurance, Marble and Gabi.
Answer Financial has 1 investor. Key investors include Allstate.
Answer Financial operates through Answer Financial, Inc..
Yes. Answer Financial was acquired by Allstate in May 2011.