Published on October 26, 2009 at 7:13 AM
Insure.com, Inc. (Nasdaq: NSUR), announced today that it has completed its corporate name change to Life Quotes, Inc. The Company also announced that its Nasdaq ticker symbol will be changed to QUOT effective with the opening of the market on October 28, 2009.
"We are very excited about starting this next phase of our corporate life and we are especially anxious to sharpen our focus to further develop our life brokerage, remote agent and insurance lead generation activities under the Life Quotes and Consumer Insurance Guide brand names," remarked Robert Bland, chairman and CEO. "We think that there's a bright future in serving the self-directed insurance shopper."
As previously announced on October 9, 2009, the Company sold its Insure.com brand name, including certain trademarks, urls, websites, website content, and its insurance articles library for $16 million. The Company initially acquired those assets in 2001 for $1.6 million.
SOURCE Life Quotes, Inc.