Insurify completes acquisition of Compare.com
Insurify has completed the acquisition of Inspop USA, LLC and its subsidiary, Compare.com Insurance Agency, LLC.
Compare.com was founded by Admiral Group, which retains a minority stake in Insurify and continues to serve as a strategic shareholder.
“We are thrilled to welcome the talented Compare team, and the well-established brand, and proven technology into Insurify. This combination allows Insurify to realize the benefits of the respective brands, platforms, and operations to effectively deliver next-generation solutions to consumers and carrier partners. Together, our complementary insurance capabilities will continue to strengthen Insurify’s market position as we build the preeminent and most trusted digital insurance agent.” – Snejina Zacharia, founder and CEO of Insurify.
“I’m really proud of everything that Compare.com has achieved over the last decade. This acquisition is a positive outcome, but it’s always sad to see valued colleagues leave the Admiral family. On behalf of Admiral, I would like to thank our Compare.com colleagues for their contribution to the Group and their unwavering commitment to customers – and wish them all the best as they enter this new phase.” – Costantino Moretti, head of International Insurance, Admiral Group.