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Esurance

 
Hoover's Profile: Esurance Inc.
 
Contact Information
Esurance Inc.
650 Davis St.
San Francisco, CA 94111
CA Tel. 415-875-4500
Fax 415-875-4501

Type: Subsidiary
On the web: http://www.esurance.com
Employees: 140

Esurance sells car insurance to the Internet-savvy customer. The company, with its pink-haired spokesperson Erin Esurance, offers quote comparisons and sells personal auto policies directly from its Web site and through select online agents. It also provides online access to accounts and makes telephone agents available for offline questions. Esurance sells auto insurance to customers in 30 states, with California and Florida its leading markets. Subsidiaries Esurance Insurance Company and Esurance Property and Casualty Insurance underwrite the company's auto policies. Esurance has been a subsidiary of White Mountains Insurance Group since 2000.

Key numbers for fiscal year ending December, 2007:
Sales: $13.9M

Officers:
President and CEO: Gary C. Tolman
COO: Chris Henn
CFO: Jonathan Adkisson

Competitors:
21st Century
GEICO
Progressive Corporation

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Wikipedia: Esurance
 
Esurance Inc.
Type Private, Part of White Mountains Insurance Group
Founded 1998
Headquarters Flag of the United States San Francisco, California, USA
Industry Insurance
Products Insurance
Revenue $826 Million USD (2008)
Employees Approx. 1700+
Website www.esurance.com

Esurance Inc. is an American auto insurance provider headquartered in San Francisco, California.

Contents

History

Esurance was founded in 1998 under the name of SiliconSierra Holdings Inc. Esurance launched its Web site and started writing personal auto insurance in December 1999.

In 2000 Esurance was acquired by Folksamerica Holding Company, Inc. (a subsidiary of White Mountains Insurance Group). Esurance is now a direct subsidiary of White Mountains.

In 2008, Esurance policies in force decreased by 5%.[1] As of 2009, Esurance offers Auto Insurance in 30 states.

Marketing

Erin Esurance

Esurance commercials are animated, and feature a pink-haired female spy named Erin Esurance, who poses as an auto-insurance agent. The character was created by Kristen Brewe, the director of brand and public relations for Esurance, and designed by artist Phil Robinson. She is voiced by Mo Mellady. The commercials are animated by W!LDBRAIN and the Ghostbot animation firms using Adobe Flash. The goal was to juxtapose a widely disliked business, insurance, with a popular superhero archetype. In her first three years, the character was used in over 30 commercials.[2] The character was also used on an episode of Who Wants to be a Superhero?.[3]

Esurance markets itself as being more environmentally friendly than competitors. The company often cites documents being available online in advertising. Esurance has partnered with sports teams for "Go Green" events by giving away reusable grocery bags.[4][5] About 45% percent of the company's data is stored on outsourced servers in an LEED certified building.[6]

References

  1. ^ http://investor.whitemountains.com/phoenix.zhtml?c=103286&p=IROL-NewsText_earnings&t=Regular&id=1253043&
  2. ^ Ehlers, Matt (2007-07-32). "She's one red-hot 'toon: Shapely agent in insurance ads inspires repurposed images on the Internet.". Raleigh, NC: News & Observer. http://www.accessmylibrary.com/coms2/summary_0286-32507592_ITM. Retrieved on 2008-07-21. 
  3. ^ Snyder Bulick, Beth (2007-04-23). "Why Sci-Fi grabs more than geeks; Human-focused content, novel marketing pushes channel into mainstream". Advertising Age. http://www.accessmylibrary.com/coms2/summary_0286-30649810_ITM. Retrieved on 2008-07-21. 
  4. ^ http://mlb.mlb.com/news/article.jsp?ymd=20090422&content_id=4373940&vkey=news_mlb&fext=.jsp&c_id=mlb
  5. ^ http://www.nba.com/warriors/news/warriors_green_week.html
  6. ^ http://www.ecotech.financetech.com/advocate/esurance-appeal.jhtml

External links


 
 
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Wikipedia. This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Esurance" Read more