Business & Real Estate

Seattle insurance-comparison, data firm acquires Rancho Cordova company

QuoteWizard, a Seattle-based company that bills itself as the nation’s largest privately held insurance-comparison marketplace, says it has acquired Rancho Cordova’s Bantam Connect.

The local company, at 2868 Prospect Park Drive, specializes in connecting consumers shopping for insurance with agents and carriers.

QuoteWizard said the merger is effective immediately, with about 30 local employees now working under the QuoteWizard brand. Bantam’s management team and call center operations in Rancho Cordova will remain intact but adopt the QuoteWizard name.

QuoteWizard said it expects continued growth in the Sacramento area.

Financial details of the acquisition were not disclosed.

“We’re excited to incorporate Bantam's capabilities and team into our company,” QuoteWizard founder and CEO Scott Peyree said in a statement.

Since its founding in 2006, QuoteWizard says its has helped nearly 40 million consumers with their insurance policy shopping needs. It has connections with insurance agents and carriers in all 50 states.

Mark Glover: 916-321-1184, @markhglover