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InsWeb was founded in 1995 by Hussein A. Enan<ref>[http://www.thefreelibrary.com/The+comeback:+after+12+difficult+years,+InsWeb+has+become+profitable...-a0172249963 thefreelibrary.com]</ref> and Darrell Ticehurst and became a [[Public company|publicly traded company]] in 1999<ref>[http://sacramento.bizjournals.com/sanjose/stories/1999/07/26/daily3.html sacramento.bizjournals.com]</ref>. 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.
InsWeb was founded in 1995 by Hussein A. Enan<ref>[http://www.thefreelibrary.com/The+comeback:+after+12+difficult+years,+InsWeb+has+become+profitable...-a0172249963 thefreelibrary.com]</ref> and Darrell Ticehurst and became a [[Public company|publicly traded company]] in 1999<ref>[http://sacramento.bizjournals.com/sanjose/stories/1999/07/26/daily3.html sacramento.bizjournals.com]</ref>. 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.


InsWeb has invented multiple e-commerce and online insurance distribution technologies and owns the following patents: 6,898,597.<ref>[http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=/netahtml/PTO/srchnum.htm&r=1&f=G&l=50&s1=6,898,597.PN.&OS=PN/6,898,597&RS=PN/6,898,597]</ref>
InsWeb has invented multiple e-commerce and online insurance distribution technologies and owns the following
patents: 6,898,597<ref>[http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=/netahtml/PTO/srchnum.htm&r=1&f=G&l=50&s1=6,898,597.PN.&OS=PN/6,898,597&RS=PN/6,898,597]</ref>
; 7,107,325. <ref>[http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=/netahtml/PTO/srchnum.htm&r=1&f=G&l=50&s1=7,107,325.PN.&OS=PN/7,107,325&RS=PN/7,107,325</ref>
; 7,107,325 <ref>[http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=/netahtml/PTO/srchnum.htm&r=1&f=G&l=50&s1=7,107,325.PN.&OS=PN/7,107,325&RS=PN/7,107,325]</ref>
; 7,389,246 <ref>[http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=/netahtml/PTO/srchnum.htm&r=1&f=G&l=50&s1=7,389,246.PN.&OS=PN/7,389,246&RS=PN/7,389,246]</ref>
; 7,389,246; 7,640,176 and 7,707,505
; 7,640,176<ref>[http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=/netahtml/PTO/srchnum.htm&r=1&f=G&l=50&s1=7,640,176.PN.&OS=PN/7,640,176&RS=PN/7,640,176]</ref>
and 7,707,505 <ref>[http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=/netahtml/PTO/srchnum.htm&r=1&f=G&l=50&s1=7,707,505.PN.&OS=PN/7,707,505&RS=PN/7,707,505]</ref>

==Awards and recognitions==
==Awards and recognitions==
InsWeb has been recognized by several prominent publications since its founding including:
InsWeb has been recognized by several prominent publications since its founding including:

Revision as of 18:39, 29 July 2010

InsWeb
Company typePublic (NasdaqINSW)
IndustryInsurance
Founded1995
FoundersHussein A. Enan and Darrell Ticehurst
HeadquartersGold River, California, USA
ProductsInsurance Marketplace
Number of employees
Approx. 80
Websitewww.insweb.com blog.insweb.com bestinsurancematch.comagentinsider.com www.freeinsuranceadvice.com

InsWeb Corporation operates 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. In conjunction with the consumer-facing insurance quote system, they also operate a lead generating site as a marketing source for insurance agents.

[1]

History

InsWeb was founded in 1995 by Hussein A. Enan[2] and Darrell Ticehurst and became a publicly traded company in 1999[3]. 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.

InsWeb has invented multiple e-commerce and online insurance distribution technologies and owns the following patents: 6,898,597[4]

7,107,325 [5]
7,389,246 [6]
7,640,176[7]
and 7,707,505 [8]

Awards and recognitions

InsWeb has been recognized by several prominent publications since its founding including: [9]

  • Kiplinger (2009)--"Best Auto Insurance Website"
  • Kiplinger (2008)--"Best Auto Insurance Website"[10]
  • Kiplinger (2007)--"Best Auto Insurance Website"[11]
  • Forbes (2007)--"Best of the Web" and "Forbes' Favorite"[12]

References