Insurance Quotes

Get quick and easy insurance quotes

Currently insured?:
Yes No

Quotesmith.com Launches $100 Million Integrated Marketing Campaign With TV Ads on New Year's Day Bowl Games

Quotesmith.com, Inc. (ticker: QUOT, exchange: NASDAQ) News Release - 12/28/1999


Quotesmith.com Launches $100 Million Integrated Marketing Campaign With TV Ads on New Year's Day Bowl Games

"Cool Site" Spot Highlights Consumers' "Wow" Reaction to Robust Resources, Instant Quotes From 300-Plus Companies

CHICAGO--(BUSINESS WIRE)--Dec. 28, 1999-- Quotesmith.com, Inc. (Nasdaq:QUOT), the Internet's leading insurance price comparison service, will kick off the first phase of its $100 million, three-year integrated marketing campaign January 1, 2000, with television advertising during The Tournament of Roses Parade, The Rose Bowl and other top college football bowl games on January 1 and 2.

Willard Hemsworth II, Quotesmith.com's Senior Vice President of Marketing, noted that the TV advertising represents the first stage of the company's totally integrated marketing communications initiative that will also include radio, print, direct marketing and Internet components. Quotesmith.com, which offers free, instant quotes from more than 300 insurance companies, is currently running radio and print advertisements nationally. The remaining elements of the campaign will break during the first quarter of 2000.

"We want to capitalize on our industry-leading price comparison service now, when consumers are recognizing they can use the Internet to obtain comparative information, purchase products and have greater control over their personal finance decisions," said Hemsworth. "The goal of the brand campaign is to help consumers understand that there's a better and more cost-efficient way to buy insurance by using our service."

Hemsworth said the television campaign, created by BBDO Chicago, will debut during the Tournament of Roses Parade with a thirty-second spot entitled "Cool Site", featuring people's surprised reaction that they can simply click on the Quotesmith.com site and obtain instant, free and guaranteed quotations from hundreds of leading insurance companies on a range of insurance products.

"The spot takes a humorous look at the 'wow factor' once consumers learn that Quotesmith.com is a consumer-friendly resource that can provide them with quotes from hundreds of companies," explained Hemsworth. "It's entertaining, informative and encourages people to see for themselves how they can take control of the insurance buying process."

Founded in 1984 as Quotesmith Corporation, Quotesmith.com owns and operates the largest and most comprehensive insurance price comparison service in America. The company provides up-to-the-day accurate quotes, including detailed policy coverage and reference information for multiple lines of insurance including auto, life, comprehensive medical, short-term medical, group medical, dental, Medicare supplement, watercraft, RV and annuities. Now available to residents of all 50 states, the Quotesmith.com insurance information service also provides useful reference tools and educational material to assist insurance shoppers.

BBDO Chicago is part of BBDO Worldwide, the world's fourth largest advertising agency network. BBDO Worldwide is a unit of The Omnicom Group.

This announcement may contain forward-looking statements that involve risks, assumptions and uncertainties pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. This announcement may also contain forward-looking statements about events and circumstances that have not yet occurred and may not occur. Expressions of future goals and similar expressions including, without limitation, "may," "will," "believes," "should," "could," "hope," "expects," "expected," "does not currently expect," "anticipates," "predicts," "potential" and "forecast," reflecting something other than historical fact, are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements.

Investors should be aware that actual results may differ materially from the results predicted and reported results should not be considered an indication of future performance. Reported Web site activity and/or quotes are not necessarily indicative of any present or future revenue. The Company will not necessarily update the information in this press release if any forward-looking statement later turns out to be inaccurate. Potential risks and uncertainties include, among others, Quotesmith.com's limited e-commerce operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risks of system interruption, the evolving nature of its business model, the increasingly competitive online commerce environment, dependence on continuing growth of online commerce and risks associated with capacity constraints and the management of growth. More information about potential factors that could affect the company's financial results is included in the company's final prospectus dated August 3, 1999, as filed with the United States Securities and Exchange Commission.

Quotesmith.com is a service mark of Quotesmith.com, Inc. All other names are trademarks of their respective owners. Published by South Dakota agent no.333509159, California agent no.0827712, no.OA13858, UT no.90093. California and Utah dba Quotesmith.com Insurance Services. Copyright 1999. All rights reserved. Quotesmith.com, Inc.


CONTACT: Ketchum Chicago
Neal Bailen, 312/228-6830
neal.bailen@ketchum.com
or
Ketchum Chicago
Heather Fabian, 312/228-6864
heather.fabian@ketchum.com
or
Quotesmith.com
Willard Hemsworth II, 630/515-0170, ext. 213
whemsworth@quotesmith.com

Ready to get a quote?

Get quick and easy insurance quotes

Insure.com Redesign Survey