Answer Financial - Ownership and Business Overview

Internet Software And ServicesCompany

Answer Financial Ownership

Who owns Answer Financial?

Answer Financial is owned by The Allstate. It was acquired on May 18, 2011.

Answer Financial Business Overview

Where is Answer Financial headquartered?

Answer Financial is headquartered in Encino, California.

What sector is Answer Financial in?

Answer Financial is an internet software and services company.

When was Answer Financial founded?

Answer Financial was founded in 1997.

Internet Software And Services M&A Summary in 2011

Out of 60 sectors in the Mergr database, internet software and services ranked 1 in number of deals in 2011. The largest internet software and services acquisition in 2011 was Skype Technologies S.A. - which was acquired by Microsoft for $8.5B.

Join Mergr to view all 437 acquisitions of internet software and services companies in 2011, including 45 acquisitions by private equity firms, and 392 by strategics.

Acquired by The Allstate Corp. (Company) on 2011-05-18

Answer Financial Inc.

15910 Ventura Boulevard 6th Floor,
Encino, California 91436
United States,
(818) 644-4000
www.answerfinancial.com

Answer Financial Inc. is an e-commerce insurance broker utilizing a combination of the internet, corporate intranets and telephony to distribute personal lines insurance and investment products. Answer Financial serves self-directed consumers who seek a choice among insurance companies. Customers are given quote comparisons and assistance in choosing from 20 brand-name insurance companies.

Company Summary

SECTOR

Internet Software and Services

Established

1997

Investor History
2011-05-18
Divestiture

Allstate

White Mountains

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