Prism Technologies Group, Inc.

101 Parkshore Dr Ste 100
Folsom, CA, 95630-4726  United States
(916) 932-2860
Company Type: Corporation Parent

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Somehow it seems appropriate to sell the least tangible of products -- insurance distribution -- via a virtual marketplace. InsWeb maintains a portfolio of online insurance distribution patents which it licenses out to others. Previously it operated online portals that allowed consumers to shop for quotes on various property/casualty and life insurance products. The company maintained alliances with about 50 insurance companies and their affiliated agency networks, which paid transaction fees to InsWeb for providing qualified customer leads. Consumers obtained quotes through the company's websites at no charge. InsWeb sold its insurance lead generation assets to Bankrate for $65 million in 2011.

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Prism Technologies Group, Inc.

Corporation Parent
Address
101 Parkshore Dr Ste 100
Folsom ​, CA, 95630-4726
United States
See other locations
Phone
(916) 932-2860
Company Description

Somehow it seems appropriate to sell the least tangible of products -- insurance distribution -- via a virtual marketplace. InsWeb maintains a portfolio of online insurance distribution patents which it licenses out to others. Previously it operated online portals that allowed consumers to shop for quotes on various property/casualty and life insurance products. The company maintained alliances with about 50 insurance companies and their affiliated agency networks, which paid transaction fees to InsWeb for providing qualified customer leads. Consumers obtained quotes through the company's websites at no charge. InsWeb sold its insurance lead generation assets to Bankrate for $65 million in 2011.

Key Principal
Hussein A Enan See more contacts
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Financial Statements

Financial data as of June 14, 2021 (12 month period) in USD

Annual Revenue2016
$1.58 million USD

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Company Snapshot

Essential information for a successful call

  •  EMPLOYEES (This Site) 5
  •  EMPLOYEES (All Sites) 8
  • ASSETS (MIL USD) 17
  •  REVENUE (MIL USD) 1.58
  • TICKER SYMBOL PRZM
  • Year Started 1995
  • Incorporated 1996
  • FISCAL YEAR END JUN

Get in Touch with 4 Principals* and 7 Contacts

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  • Hussein A Enan
    Chairman of the Board and Chief Executive Officer
  • JAMES M CORROON
    Vice Chairman of the Board
  • STEVEN J YASUDA
    Chief Financial Officer and Officer
  • L ERIC LOEWE
    Senior Vice President and General Counsel and Secretary

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