| Zebu has been formed as a holding company for SelectQuote Insurance Services. SelectQuote markets term life insurance -- including policies from CNA Financial, the Mutual of Omaha Companies, and Lincoln National -- over the Internet and through direct marketing. Commissions earned on such sales account for all of Zebu's revenues. Another part of SelectQuote's business is SelectTech, which was formed by SelectQuote in 1995 and merged into it in 1999. SelectTech develops software and provides consulting services to make insurance application processes more efficient. Charan Singh, CEO and co-founder of SelectQuote, owns 15% of Zebu; Steven Gerber and Michael Feroah, co-founders of SelectTech, each own another 10%.
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