QuoteWizard, which offers an online service for people to compare different options for car and home insurance, will remain in its Seattle headquarters in Pioneer Square as well as its offices in Denver and Sacramento. No layoffs among its 150 employees are planned, a spokesman said.
QuoteWizard is a 12-year-old family-run company. Two years ago, it went on a hiring binge and opened its Denver office before realizing it had grown too quickly and laid off more than 50 people.
The company had revenue of $75.6 million during the first six months of this year. CEO Scott Peyree will stay on after the acquisition as president of LendingTree’s insurance division.