AgileRates is Acquired by Excel Impact to Bring Home and Auto Insurance Verticals to Their Platform
Today Excel Impact confirmed its latest move to grow its home and auto insurance division. The company is acquiring AgileRates, a Florida-based startup that specializes in those verticals.
MIAMI, June 1, 2020 /PRNewswire-PRWeb/ -- Excel Impact, a 3-time honoree of the Inc. 500 list of America's fastest-growing companies, today announced the acquisition of AgileRates, a performance marketing startup specializing in delivering real-time, targeted, high-quality consumers to top insurance producers. Both companies operate in the insurance space. Excel Impact specializes in Medicare, health, and life insurance, while AgileRates is active in the home and auto insurance verticals.
AgileRates is not itself a licensed insurance agent or broker. The company services clients by driving consumers to insurance companies' websites, providing leads to agents and carriers, as well as phone transfers of consumers into carrier call centers.
The acquisition allows Excel Impact to expand its presence across all major insurance verticals. "Until now Excel Impact has been powered by exponential internal growth. Acquiring AgileRates allows us to leapfrog over the development phase and expand dramatically into our biggest service gaps: home and auto insurance," says Alex Matseikovich, CEO of Excel Impact. "We are in a great position to achieve further scale in the insurance space as well as the broader financial services industry."
The initial post-acquisition focus will be integrating offerings between the two organizations. Expanding Excel Impact's product portfolio through the acquisition of AgileRates creates an incredible opportunity to drive continued growth and deliver customer value. It will further diversify the business, leveraging the strength of the Excel Impact's brand.
About AgileRates.com
AgileRates is a fast-growing performance marketing company that connects insurance companies with qualified, high-intent home and auto insurance seekers in real-time. Leveraging their primary brand, AgileRates.com, the company generates and places the consumer with the best insurance carrier, agency, or local agent that fits the consumer's insurance needs. The company's platform allows agencies of all sizes to tap into its marketplace of insurance shoppers and target customers on a performance basis. For more information, visit http://www.agilerates.com.
About Excel Impact LLC
Excel Impact is a leading performance-driven online customer acquisition firm with a focus on the insurance industry. Excel Impact specializes in lead generation, inbound calls, and internet advertising for its core products, which include Medicare, health, and final expense life insurance. The company services clients by driving consumers to insurance companies' websites, providing leads to agents and carriers, as well as phone transfers of consumers into carrier call centers. Excel Impact was ranked by Inc. 500 as the #1 fastest growing company in the Insurance category, and 19th fastest growing company in America in 2017. For more information, visit http://www.excelimpact.com.
SOURCE AgileRates
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