Select quote life insurance ↝ Life insurance

SelectQuote Surges After Raising $570 Million in Expanded IPO

(Bloomberg) -- SelectQuote Inc., a platform that allows consumers to compare insurance policies, jumped as much as 41% after the company and its existing shareholders raise $570 million in its upsized U.S. initial public offering Shares of the Overland Park, Kansas-based company opened at $26.20 on Thursday. A total of 28.5 million shares, including both primary and secondary, were sold for $20 each Wednesday after the offering earlier targeted a sale of 25 million shares at $17 to $19 apiece. The shares were up 39% to $27.74 at 1:15 p.m., giving the company a market value of $4.53 billion. SelectQuote sold 18 million shares in the offering and existing investors sold 10.5 million. The U.S...

SelectQuote Delivers Largest IPO Since February, The Motley Fool

The largest U.S. initial public offering since February did not belong to some ride-sharing service or a new biotech firm working on a coronavirus vaccine, but rather to a decades-old insurance industry company. SelectQuote ( NYSE:SLQT ), a platform that connects consumers to insurance carriers, issued 18 million shares of common stock earlier this week, and previous shareholders sold 10.5 million shares. The stock began trading Thursday at $20 and had risen by 31.5% to around $26.30 as of noon EDT Friday. The company will have roughly 162.65 million shares outstanding, giving it a market cap of $4.39 billion. The Wall Street Journal, citing research from Renaissance Capital LLC,...

Cigna Newsroom, Cigna And Oscar Announce Strategic Partnership To Offer Differentiated Health Solutions To Small Businesses In Select U.S. Markets

Cigna And Oscar Announce Strategic Partnership To Offer Differentiated Health Solutions To Small Businesses In Select U.S. Markets BLOOMFIELD, Conn. and NEW YORK, Jan. 13, 2020 -- Cigna, a leading global health service company, and Oscar, a tech-driven health insurance company, today announced an exclusive partnership to jointly provide commercial health solutions to small businesses. "Small businesses are the backbone of the American economy and through this partnership, we can take a disciplined approach to offering differentiated health care solutions that help small businesses save money, expand network and product choice and keep employees healthy," said Julie McCarter, Vice President...

JAVOROSKI v. SelectQUOTE , 2017 NY Slip Op 50465(U), 20170413443,

Defendants SelectQuote Insurance Services and Charan J. Singh move for dismissal of this action pursuant to CPLR 3012 (b), based upon plaintiff's failure to timely file and serve a complaint following defendants' demand. Plaintiff cross-moves for an extension of time to serve her complaint. On August 18, 2016, plaintiff Janeen A. Javoroski served defendants SelectQuote Insurance Svc, Inc., SelectQuote Insurance Agency, SelectQuote Insurance Services, SelectQuote Life Insurance Services, SelectQuote Insurance Services, Inc., and Charan J. Singh with a summons with notice through service upon the Secretary of State (Business Corporation Law § 306). The notice indicated that plaintiff...

SelectQuote’s Tom Grant, Lincoln Financial earn top awards at LIDMA annual meeting

The Life Insurance Direct Marketing Association (LIDMA) has announced the winners of its Vision Award, Innovation Award and two Seals of Approval following the successful conclusion of its recent 2018 Fall Meeting & Business Showcase in New Orleans. “LIDMA’s purpose is to find new ways to better serve life insurance shoppers by enhancing the buying experience in terms of making processes easier and faster so that more families can become properly insured at the best possible price. New innovations hold the key to achieving these advancements,” said LIDMA President R. Jan Pinney, CLU, ChFC, CPCU, chief executive officer of Pinney Insurance. SelectQuote’s Tom Grant...

Watch Bill Haynor s story-Medicare Supplement Insurance-SeniorQuote

S eniorQuote Insurance Services was founded over 10 years ago by Bill Haynor, a pioneer in offering affordable life and health insurance solutions to the “Baby Boomer” generation. “The desire to protect seniors like me from the uncertainties of life,” Bill explains simply. “That was my reason for starting SeniorQuote.” Bill personally understands the importance of having good health coverage at an affordable price. Not long ago, Bill experienced a series of health issues that forced him to rely on his personal Medicare Supplement Insurance. With a heart surgery, emergency appendicitis, open heart surgery and a knee surgery all in a two year period, Bill...

Crump And SelectQuote Announce Strategic Relationship - LIFE INSURANCE UPDATER

PARSIPPANY, N.J., March 6, 2019 /PRNewswire/ — Crump Life Insurance coverage Providers (Crump) and SelectQuote, an Overland Park, Kan. and San Francisco-based direct advertising and marketing group, right now introduced the beginning of a multi-faceted strategic relationship that can convey a lot wanted life insurance coverage and retirement safety protection to extra distributors, companies and shoppers. “LIMRA information reveals greater than 55 % of the inhabitants would really feel opposed results inside a yr with the lack of a main wage earner’s revenue. We imagine combining the assets of our two powerhouse organizations might help develop the variety of folks...

Javoroski v. Selectquote Ins. Svc., Inc. - Mound Cotton Wollan Greengrass

Janeen A. Javoroski v. Selectquote Insurance SVC, Inc., et al., The Court ruled in favor of Mound Cotton’s clients, insurance broker defendants on their motion to dismiss a complaint pursuant to CPLR 3012(b) for plaintiff’s failure to timely file and serve the complaint, and held that the plaintiff failed to demonstrate either a reasonable excuse for the delay or that her negligence claim against the brokers was a meritorious cause of action. Plaintiff’s deceased husband was the owner of a 10-year renewable and convertible life insurance policy that lapsed on December 27, 2011 for non-payment of premium. Thereafter, plaintiff’s husband allegedly contacted the broker defendants to purchase...

Why You Need Life Insurance Today - with Jen Fowler Marriage, Kids and Money

I may earn commissions from the links in this post. Opinions shared are for entertainment purposes only and should not be considered as professional advice. Life is precious. One day, we’re spending quality time with our family and making beautiful memories together. And the next day, we’re diagnosed with inoperable stage 4 brain cancer. I don’t say this to be flippant. I say this because we truly don’t know what tomorrow will bring. That is why we need to protect our family’s financial future with life insurance. I’ve spent some time on Reddit lately reading stories of families who have recently lost a loved one and how life insurance (or the lack of it) has affected their...

SelectQuote Insurance Services Names New CEO

SAN FRANCISCO and OVERLAND PARK, Kan. (PRWEB) November 20, 2017 SelectQuote Insurance Services announces its founder Charan Singh, will step down as Chief Executive Officer and transition to the role of non-executive Chairman of the Board providing strategic direction to the Board of Directors and management with the goal of continuing to grow the company. The leadership change was effective October 31, 2017. Tim Danker has been appointed to the role of Chief Executive Officer. Danker will also continue in his role as President of SelectQuote Life. Danker has held a variety of leadership roles in corporate finance, sales, marketing and international business at companies including Cerner,...