Insurtech

NI software development centre for US-insurance group

The site will create 70 highly paid roles, with 12 of those already filled

EverQuote, a US-based online insurance marketplace, has announced plans to set up a software development centre in Northern Ireland in a move that will create 70 new jobs.

Some £425,000 has been offered by Invest Northern Ireland to the firm that matches consumers with their best-fit insurance providers.

Diane Dodds, economy minister, claimed that the jobs would inject £3.7m in salaries into an economy that “continues to attract new investors”.

Tomas Revesz, co-founder of EverQuote, said: “The combination of talent, capability and the strong cluster of InsurTech companies that we found when we visited Northern Ireland really impressed us.

“The calibre of the two universities, and the graduates they are producing made Northern Ireland very attractive to us as well.”

He added: “The government’s partnership with the business community here, through advice, guidance and financial support, is very reassuring as a new investor. 

“The support of the team at Invest NI has most definitely made this decision easier to make, and easier to implement.”

The centre has already recruited 12 employees to high-skill roles that will attract top level salaries.

Kevin Holland, CEO, Invest Northern Ireland said that the team in Northern Ireland will “drive engineering and software excellence” for the firm’s operations.

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