Capp Joins Answer Financial to Sign More Business Partners

Tom Capp has joined the senior management team for the online auto and home insurance agency Answer Financial. Capp, as senior vice president of Business Development, will be working to grow the company’s network of business partners.

Capp worked with Esurance, which like Answer Financial is owned by Allstate Corp., from 1999 to 2013, where he secured business relationships with banks and other institutions, including Answer, before being promoted to vice president, Sales and Agency Marketing. In that role he built out the Esurance sales operations. Following Esurance, Capp joined HealthMarkets to lead their direct sales operation. Earlier in his career, Capp worked with Hewlett Packard and Dell.

With Encino, Calif.-based Answer, Capp will seek partnerships with companies looking to offer insurance and telematics services.

Answer Financial offers personal lines insurance from insurers through its affiliated agencies, Insurance Answer Center and Right Answer Insurance, as well as through marketing partners. Through Answer, a partner’s customers can compare rates and ratings for the more than 20 insurers on Answer’s platform and buy coverage.

Answer Financial’s insurance carrier partners include Farmers, Progressive, 21^st Century, Safeco, Foremost, Plymouth Rock, National General, Grange, Pacific Specialty, Integrity and others.

Its current marketing partners include Primerica, Zander Insurance Group, Veterinary Pet Insurance and Arrowhead General Agency.

Answer said it has also started offering multi-carrier insurance telematics platforms that allow users to earn discounts and rewards for driving safely.

Topics Mergers & Acquisitions