Squaremouth Reports 2013 First Quarter Financial Results

Published by May 16, 2013

ST. PETERSBURG, Florida May 16, 2013 – Squaremouth announces financial results for its first quarter ending March 31, 2013. The combined premium sold within this period was $3,145,757.07 which is a 33% increase on the same period in 2012.

The independent travel insurance comparison website sold 14,308 policies in the quarter compared to the 10,709 policies sold in the second fiscal quarter of 2012. This is an increase of 33.6% in number of policies sold. The average policy premium sold in this period cost $219.95.

Squaremouth is very pleased with these financial results. CEO Chris Harvey explains the reason for the increase in sales:

“We have always felt it is very important to make sure that our employees are happy and want to come to work. Creating this positive cloud resulted in our employees promoting Squaremouth. This translates throughout the company, particularly through our customer service. Everyone in the company, including myself, takes calls from customers. Doing this ensures that our customers always have the most knowledgeable people answering their questions. This is the most important reason that we got where we are now. Our reputation in excellent customer service is growing parallel to our increase in financial results.”