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[IEDC] Insurance Company to Expand Evansville Operations, Add 100+ Jobs

Thursday, May 13, 2021

[IEDC] Insurance Company to Expand Evansville Operations, Add 100+ Jobs

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EVANSVILLE, Ind. (May 13, 2021) – EverQuote Inc., an online insurance marketplace, announced plans today to add up to 105 new jobs in southwest Indiana by the end of 2024.  

"We're grateful for EverQuote's commitment to building upon a Hoosier business foundation, serving customers across the country, while contributing to a thriving southwest Indiana community," said Interim Indiana Secretary of Commerce Jim Staton. "We'll continue to do our part to build on this momentum by sustaining our pro-business climate and show businesses why Indiana is the best state to live, work, play and stay."

Today's news comes less than one year after the company acquired Evansville-based CrossPointe Insurance & Financial Service (CrossPointe), which had been operating in downtown Evansville since 2008. Based in Cambridge, Massachusetts, EverQuote will invest more than $1 million to lease and equip a 14,000-square-foot headquarters facility at 401 SE 6th St. in downtown Evansville. The new headquarters will accommodate the company’s growing team and allow EverQuote to expand its customer base on a national scale. 

“We have been thrilled to welcome Crosspointe to EverQuote," said Jayme Mendal, EverQuote CEO. "Our shared passion for innovation and cultural roots in bootstrapping, heart, tenacity and data-driven optimization have been evident since the acquisition. We’ve been consistently impressed with the caliber of talent in the Indiana market and are confident that deepening our commitment to Indiana will help us achieve our ambitious growth plans for our direct-to-consumer agency business.”

EverQuote has roughly 500 associates nationwide, with offices in Seattle, Cambridge and Evansville. The company is hiring in Evansville for sales advisors, customer service specialists, analysts and engineers. Interested applicants may apply online

Founded in 2011, EverQuote was created with the vision of applying a scientific, data-driven approach to help consumers find the best price and coverage for their individual insurance needs. The company went public in 2018 and later announced plans to enter the health insurance market. Acquiring Crosspointe enabled EverQuote to achieve its health care goals faster, while having a similar focus on data, technology and innovation. 

"I'm thrilled EverQuote selected Evansville as a place to continue growing their business," said Evansville Mayor Lloyd Winnecke. "I would like to express appreciation to their leadership team for creating 105 new jobs in our community."

The Indiana Economic Development Corporation offered EverQuote Inc. up to $750,000 in conditional tax credits based on the company’s job creation plans. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired. The city of Evansville supports the project. 

About EverQuote Inc.
EverQuote operates a leading online insurance marketplace in the U.S., connecting consumers with insurance providers. The company's data & technology platform matches and connects consumers seeking to purchase insurance with relevant options from the company's broad direct network of insurance providers, saving consumers and providers time and money. EverQuote was founded with the vision of applying a scientific, data-driven approach to help consumers find the best price and coverage for their individual insurance needs. For more information about EverQuote, visit everquote.com.

About IEDC
The Indiana Economic Development Corporation (IEDC) leads the state of Indiana’s economic development efforts, helping businesses launch, grow and locate in the state. Governed by a 15-member board chaired by Governor Eric J. Holcomb, the IEDC manages many initiatives, including performance-based tax credits, workforce training grants, innovation and entrepreneurship resources, public infrastructure assistance, and talent attraction and retention efforts. For more information about the IEDC, visit iedc.in.gov.  

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Media Contacts: 
Elyse Neumeier (EverQuote) – eneumeier@everquote.com

Erin Sweitzer (IEDC) – 317.296.2556 or esweitzer@iedc.in.gov

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