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    SelectQuote (SLQT)

    SelectQuote, Inc. (SLQT) is a technology-enabled, direct-to-consumer platform specializing in the distribution of insurance policies and healthcare services. The company connects consumers with insurance carrier partners through its proprietary technology and skilled agents, offering a range of insurance products and healthcare solutions. Its operations focus on maximizing customer lifetime value and improving health outcomes through innovative services.

    1. Senior - Offers Medicare-related products, including Medicare Advantage, Medicare Supplement, prescription drug plans, and ancillary products like dental, vision, and hearing coverage.
    2. Healthcare Services - Provides pharmacy services through SelectRx, including prescription medications, customized packaging, and medication therapy management to enhance health outcomes and medication adherence.
    3. Life - Distributes life insurance policies tailored to individual consumer needs.
    4. Auto & Home - Facilitates comparison shopping for automobile and home insurance policies.

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    NamePositionExternal RolesShort Bio

    Timothy R. Danker

    ExecutiveBoard

    Chief Executive Officer

    Timothy R. Danker has been the CEO of SelectQuote, Inc. since 2017 and has served on its Board of Directors since 2017.

    View Report →

    Daniel A. Boulware

    Executive

    General Counsel and Secretary

    Daniel A. Boulware has served as General Counsel and Secretary of SelectQuote, Inc. since October 2019, and previously served as Vice President and General Counsel at SS&C Health. He began his legal career at Polsinelli PC in 2002 and was promoted to Shareholder in 2012.

    Joshua B. Matthews

    Executive

    President of SelectQuote's Senior Division

    Joshua B. Matthews has served as President of SelectQuote's Senior Division since July 2022. He previously held executive roles including Executive Vice President of Medicare Sales Operations from July 2019 to June 2022 and joined SelectQuote in 2014.

    Robert Grant

    Executive

    President of SelectQuote

    Robert Grant has served as the President of SelectQuote since October 2021. Previously, he held several leadership roles at SLQT, including President of the Senior Division from 2019 to 2021 and Chief Revenue Officer from 2017 to 2019.

    Ryan M. Clement

    Executive

    Chief Financial Officer

    Ryan M. Clement is the Chief Financial Officer of SelectQuote, Inc. since February 2023, having previously served as Interim CFO from June 2022 and as Senior Vice President of Financial Planning & Analysis starting January 2022.

    Ryan Souan

    Executive

    Chief Marketing Officer

    Ryan Souan is the Chief Marketing Officer at SLQT since April 2024. Previously, he held various executive roles including EVP of Marketing and Vice President positions at SLQT from 2017 onwards.

    Sarah Anderson

    Executive

    Executive Vice President of Pharmacy Services

    Sarah Anderson has served as the Executive Vice President of Pharmacy Services at SLQT since July 2024, after holding several senior marketing and operational roles at the company, including as Senior Director of Marketing for the Senior division since 2018. She brings extensive expertise in healthcare services and corporate strategy from her varied roles.

    Stephanie Fisher

    Executive

    Chief Accounting Officer

    Stephanie Fisher serves as Chief Accounting Officer at SelectQuote, Inc. since August 2020; previously, she served as CFO at Yellow Corporation from 2017 to 2020.

    William Grant III

    Executive

    Chief Operating Officer

    William Grant III has served as Chief Operating Officer at SLQT since 2019, and previously served as Chief Marketing Officer and President of the Senior Division from 2017 to 2019, as well as Senior Vice President of Marketing for the Senior Division from 2012 to 2017.

    1. Given that your tenured agent force delivered close rates 24% higher and drove a 33% increase in productivity with a 22% reduction in agent count, how will you recalibrate your agent force strategy in future AEP seasons to balance capital constraints with growth opportunities?
    2. With the recent $350 million preferred equity offering and delays in completing securitizations impacting your agent headcount, how do you plan to optimize capital deployment to ensure that you capture additional MA business in future cycles?
    3. Your revised fiscal 2025 guidance appears conservative relative to the quarter’s performance; can you clarify what specific market headwinds or operational uncertainties are justifying this cautious outlook and how you intend to bridge that gap?
    4. Considering the significant investments made in Select RX and its role in driving healthcare services profitability, what targeted improvements in technology and marketing are you planning to implement to enhance customer acquisition efficiency and margin expansion?
    5. With the new regulatory regime appearing more favorable, what concrete steps are you taking to mitigate risks associated with policy terminations and to leverage these changes for accelerated growth in your Medicare Advantage segment?

    Competitors mentioned in the company's latest 10K filing.

    CompanyDescription

    The company identifies this competitor as one of its primary rivals in the distribution of insurance products through direct-to-consumer online platforms.

    This competitor is noted as a primary rival in the insurance distribution market, leveraging online platforms to connect consumers with insurance products.

    Accudose Pharmacy

    In the pharmaceutical market, this competitor operates as a closed-door pharmacy, competing with SelectRx's services.

    ExactCare Pharmacy

    This competitor is another closed-door pharmacy in the pharmaceutical market, competing with SelectRx's offerings.

    This traditional brick-and-mortar pharmacy primarily sells directly to customers in person, competing with SelectRx's services.

    This competitor operates as a traditional brick-and-mortar pharmacy, selling directly to customers in person and competing with SelectRx.

    CustomerRelationshipSegmentDetails

    UHC

    SLQT sells UHC’s insurance policies for commissions.

    All

    Revenue Share: 30% (FY 2024) , 33% (FY 2023) , 18% (FY 2022).

    Humana

    SLQT sells Humana’s insurance policies for commissions.

    All

    Revenue Share: 17% (FY 2024) , 20% (FY 2023) , 12% (FY 2022).

    Aetna

    SLQT sells Aetna’s insurance policies for commissions.

    All

    Revenue Share: 16% (FY 2024).

    WellCare

    SLQT sells WellCare’s insurance policies for commissions.

    All

    Revenue Share: 17% (FY 2022).

    Notable M&A activity and strategic investments in the past 3 years.

    CompanyYearDetails

    Chronic Care Management Platform (SPM)

    2024

    The deal was valued at $4.0 million—with $3.4 million in cash—resulting in $3.3 million of intangible assets (proprietary technology) and $0.3 million of goodwill, and it was executed to launch SelectPatient Management (SPM) to offer scalable, technology-enhanced chronic care services that improve patient engagement and support providers.

    Simple Meds

    2021

    SelectRx acquired Simple Meds for an aggregate purchase price of $7.0 million (adjusted to $7.408 million) to accelerate its prescription drug management operations, integrating assets such as customer relationships and expanding its licensing footprint from 11 to 47 states.

    Express Med Pharmaceuticals (rebranded as SelectRx)

    2021

    The acquisition was structured as up to a $24.0 million deal (comprising $17.5 million in cash, a $2.5 million holdback, and an earnout of up to $4.0 million) aimed at incorporating Express Med’s high-touch, technology-driven model into the Population Health platform, enhancing medication adherence and strategic partnerships while maintaining the existing leadership team.

    Recent press releases and 8-K filings for SLQT.

    SelectQuote Faces Investor Lawsuit After DOJ Intervention in Medicare Sales Probe
    ·$SLQT
    Legal Proceedings
    Profit Warning
    • SelectQuote (SLQT) is facing heightened legal scrutiny after the U.S. Department of Justice (DOJ) intervened in a whistleblower lawsuit alleging deceptive Medicare Advantage sales practices.
    • This federal action led to a 19% drop in SelectQuote's share price on May 1, 2025, and has resulted in a securities class-action lawsuit.
    • The lawsuit alleges that SelectQuote misrepresented its sales practices, including steering customers toward plans with the highest commissions, accepting illegal kickbacks, and violating federal statutes like the False Claims Act.
    • The class-action lawsuit covers investors who purchased SelectQuote stock between September 9, 2020, and May 1, 2025, with a lead plaintiff deadline of October 10, 2025.
    2 days ago
    Faruqi & Faruqi Investigates SelectQuote for Securities Class Action Following DOJ Complaint
    ·$SLQT
    Legal Proceedings
    • Faruqi & Faruqi, LLP is investigating SelectQuote (SLQT) for a federal securities class action on behalf of investors who suffered losses exceeding $75,000 between September 9, 2020, and May 1, 2025.
    • The investigation follows a May 1, 2025, U.S. Department of Justice (DOJ) False Claims Act complaint alleging SelectQuote received "tens of millions of dollars" in "illegal kickbacks" from 2016 through at least 2021 for steering Medicare beneficiaries to certain plans.
    • The complaint further alleges SelectQuote made materially false claims by stating it offers "unbiased coverage comparisons" when it directed beneficiaries to plans that paid the most.
    • Following the DOJ complaint, SelectQuote's stock price fell $0.61, or 19.2%, to close at $2.56 per share on May 1, 2025.
    • Investors have until October 10, 2025, to seek the role of lead plaintiff in the class action.
    3 days ago
    SelectQuote Faces Investor Lawsuit Following DOJ Intervention in Sales Probe
    ·$SLQT
    Legal Proceedings
    Profit Warning
    • SelectQuote (SLQT) is facing heightened legal scrutiny after the U.S. Department of Justice (DOJ) intervened in a whistleblower lawsuit alleging deceptive Medicare Advantage sales practices.
    • A securities class-action lawsuit, Pahlkotter v. SelectQuote Inc. et al., has been filed, covering investors who purchased stock between September 9, 2020, and May 1, 2025, with a Lead Plaintiff Deadline of October 10, 2025.
    • The allegations, which include claims of illegal kickbacks and misrepresentation, resulted in a 19% drop in SelectQuote's share price on May 1, 2025, and a more than 40% decline over the past six months.
    Sep 19, 2025, 12:51 AM
    SelectQuote Faces Investor Lawsuit Amid DOJ Medicare Sales Probe
    ·$SLQT
    Legal Proceedings
    Financial Restatement
    • SelectQuote Inc. (NYSE: SLQT) is facing a securities class-action lawsuit after the U.S. Department of Justice (DOJ) intervened in a whistleblower lawsuit alleging deceptive Medicare Advantage sales practices.
    • The lawsuit claims SelectQuote misrepresented its services by steering customers toward plans from insurers offering the highest commissions, accepting illegal kickbacks, and violating federal statutes, including the False Claims Act.
    • The DOJ's involvement led to a 19% drop in SelectQuote's share price on May 1, 2025, and a decline of over 40% in the past six months.
    • The class-action lawsuit, Pahlkotter v. SelectQuote Inc. et al., covers investors who purchased SelectQuote stock between September 9, 2020, and May 1, 2025.
    Sep 16, 2025, 10:26 PM
    SelectQuote Faces Investor Lawsuit After DOJ Intervention in Sales Probe
    ·$SLQT
    Legal Proceedings
    • SelectQuote Inc. is facing a securities class-action lawsuit after the U.S. Department of Justice (DOJ) intervened in a whistleblower lawsuit alleging deceptive Medicare Advantage sales practices.
    • The lawsuit covers investors who purchased SelectQuote stock between September 9, 2020, and May 1, 2025, and alleges the company misled the market about its business model and regulatory exposure.
    • Allegations include steering customers toward plans from insurers offering the highest commissions, accepting illegal kickbacks, and violating federal statutes, including the False Claims Act. The DOJ's complaint alleges improper payments and discrimination against less profitable customers from 2016 through at least 2021.
    • Following the federal action, SelectQuote's share price dropped 19% on May 1, 2025, and has declined over 40% in the past six months, reflecting investor concern.
    Sep 15, 2025, 5:34 PM
    SelectQuote Faces DOJ False Claims Act Complaint and Class Action Lawsuit
    ·$SLQT
    Legal Proceedings
    • A class action lawsuit has been initiated against SelectQuote, Inc., covering a Class Period from September 9, 2020, to May 1, 2025, with a Lead Plaintiff Deadline set for October 10, 2025.
    • On May 1, 2025, the U.S. Department of Justice (DOJ) filed a False Claims Act complaint against SelectQuote, alleging the company received "tens of millions of dollars" in "illegal kickbacks" from health insurance companies between 2016 and at least 2021.
    • The DOJ claims SelectQuote directed Medicare beneficiaries to plans that offered the highest compensation, rather than providing unbiased coverage comparisons, and illegally discriminated against less profitable beneficiaries.
    • Following the news of the DOJ complaint, SelectQuote's stock price fell by 19.2%, or $0.61, to close at $2.56 per share on May 1, 2025.
    Sep 15, 2025, 11:16 AM
    SelectQuote Faces Investor Lawsuit After DOJ Intervention
    ·$SLQT
    Legal Proceedings
    Profit Warning
    Financial Restatement
    • SelectQuote Inc. (SLQT) is facing a securities class-action lawsuit after the U.S. Department of Justice (DOJ) intervened in a whistleblower lawsuit alleging deceptive Medicare Advantage sales practices.
    • The lawsuit claims SelectQuote steered customers toward plans with higher commissions, accepted illegal kickbacks, and violated federal statutes, including the False Claims Act.
    • The DOJ alleges that from 2016 through at least 2021, SelectQuote received tens of millions of dollars in improper payments and discriminated against less profitable customers.
    • SelectQuote's share price dropped 19% on May 1, 2025, following the federal action and has declined more than 40% over the past six months.
    • The class period for investors is September 9, 2020, to May 1, 2025, with a lead plaintiff deadline of October 10, 2025.
    Sep 12, 2025, 3:54 PM
    SelectQuote Faces Securities Class Action Lawsuit
    ·$SLQT
    Legal Proceedings
    • Faruqi & Faruqi, LLP is investigating potential claims against SelectQuote, Inc. (NYSE:SLQT) and reminds investors of the October 10, 2025 deadline to seek the role of lead plaintiff in a federal securities class action.
    • The complaint alleges that SelectQuote violated federal securities laws by directing Medicare beneficiaries to plans that best compensated the company, not providing unbiased comparison shopping, and receiving illegal kickbacks, leading to non-compliance with laws and vulnerability to sanctions, including a False Claims Act violation.
    • On May 1, 2025, the U.S. Department of Justice (DOJ) filed a False Claims Act complaint against SelectQuote, alleging the company received "tens of millions of dollars" in "illegal kickbacks" from 2016 through at least 2021 for steering Medicare beneficiaries to certain insurers.
    • Following this news, SelectQuote's stock price fell $0.61, or 19.2%, to close at $2.56 per share on May 1, 2025.
    • Investors who suffered losses exceeding $75,000 between September 9, 2020, and May 1, 2025, are encouraged to contact Faruqi & Faruqi, LLP.
    Aug 20, 2025, 3:40 PM
    SelectQuote, Inc. Amends Credit Agreement, Extends Revolving Facility
    ·$SLQT
    Debt Issuance
    • SelectQuote, Inc. (SLQT) entered into a Thirteenth Amendment to its Credit Agreement on July 25, 2025.
    • This amendment extends the revolving facility termination date from June 30, 2026 to September 30, 2027.
    • Each revolving lender received an amendment fee in cash equal to 0.10% of their revolving loan commitments.
    • The Term Loan Maturity Date for Initial Term Loans, First Amendment Incremental Term Loans, and Delayed Draw Term Loans is September 30, 2027, with a potential extension to September 30, 2028 if specific conditions are satisfied.
    Jul 29, 2025, 12:00 AM
    SelectQuote: Vice Chairman Tom Grant Passes, Sons Continue Leadership
    ·$SLQT
    Management Change
    Earnings
    Revenue Acceleration/Inflection
    • William Thomas (Tom) Grant II, Vice Chairman and former President of SelectQuote, passed away on July 1, 2025. His sons, Bill and Bob Grant, will continue in executive roles as Chief Operating Officer and President, respectively.
    • SelectQuote's Q3 Fiscal 2025 earnings per share (EPS) was $0.03, missing the projected $0.04.
    • The company beat revenue forecasts with $408.2 million in Q3 FY2025, driven by a 41% increase in membership in the SelectRx segment, and reported an 8% year-over-year revenue increase.
    Jul 2, 2025, 10:16 PM