Answer Financial

Los Angeles, United States Founded: 1997 • Age: 29 yrs Acquired By Allstate
An auto home insurance agency
Annual revenue - Latest available
Total funding - Funding intelligence
Employees 463 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Answer Financial

Answer Financial is a company based in Los Angeles (United States) founded in 1997 was acquired by Allstate in May 2011. The company has 463 employees as of December 31, 2022. Answer Financial operates in a competitive market with competitors including Next Insurance, Marble, Gabi, Covered and Insureon, among others.

  • Headquarter Los Angeles, United States
  • Employees 463 as on 31 Dec, 2022
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Answer Financial, Inc.
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    463

    as on Dec 31, 2022

  • Acquired by
    Allstate

    (May 18, 2011)

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People of Answer Financial

Headcount 500-1000
Employee Profiles 30
Employee Profiles
People
Gillian W.
Insurance Product Director
People
Ed Clark
President
People
Sangram Reddy
Director of Customer Experience & Design
People
Karen Chisholm
Product Manager

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Funding Insights of Answer Financial

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Detailed funding history for Answer Financial

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Investors in Answer Financial

Answer Financial has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Allstate.

All
Institutional
Investor Description Founded Year Domain Location
Online insurance for life, property, auto, and business is provided.
Locked Locked Locked
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Investor details for Answer Financial

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  • Investor domains
  • Investor locations
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Investments & Acquisitions by Answer Financial

Investments
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Investment portfolio details for Answer Financial

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Answer Financial

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Detailed financials for Answer Financial

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  • Historical revenue
  • Profit trends
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Answer Financial Comparisons

Answer Financial Primary company
Description
An auto & home insurance agency
Location
Los Angeles, United States
Founded Year
1997
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
463
As of 2022
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Peer comparison for Answer Financial

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Answer Financial

Answer Financial operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Next Insurance, Marble, Gabi, Covered and Insureon, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Online small business insurance policies are provided.
Locked Locked Locked
Insurance quotes are compared via a reward-based platform for individuals.
Locked Locked Locked
Online comparison of property and casualty insurance quotes is facilitated.
Locked Locked Locked
Insurance comparison platform for home
Locked Locked Locked
Online quotes for business property and casualty insurance are compared.
Locked Locked Locked
Insurance quotes for P&C coverage are compared via mobile app.
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Detailed competitors of Answer Financial

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  • Domains and locations
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Latest news on Answer Financial

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Complete news archive for Answer Financial

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  • Source and publication date
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  • Brand-specific news history

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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.

As of Dec 31, 2022, the latest employee count at Answer Financial is 463.

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 Covered.

Answer Financial has 1 investor. Key investors include Allstate.

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