UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 


 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d)

Of the Securities Exchange Act of 1934

 

Date of Report:   May 20, 2008

(Date of earliest event reported)

 

INSWEB CORPORATION

(Exact name of Registrant as specified in its charter)

 

 Delaware

 

0-26083

 

94-3220749

(State or other jurisdiction of

 

(Commission file number)

 

(IRS Employer

incorporation or organization)

 

 

 

Identification Number)

 

11290 Pyrites Way, Suite 200

Gold River, California 95670

(Address of principal executive offices)

 

(916) 853-3300

(Registrant’s telephone number, including area code)

 


 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o                                    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o                                    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o                                    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o                                    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 



 

Item 5.02                                             DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS

 

On May 20, 2008, Mr. Jaimie Pickles resigned his position as President and Chief Operating Officer of InsWeb Corporation and will terminate his employment with the Company effective June 30, 2008.  Mr. Pickles’ career at InsWeb began in March 1999, heading up InsWeb’s sales and client development functions before being named President and COO in April 2007.

 

Mr. Pickles’ duties will be assumed by Founder, Chairman and Chief Executive Officer Hussein Enan.

 


 

 

2



 

SIGNATURE

 

In accordance with the requirements of the Securities Exchange Act of 1934, the Registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: May 27, 2008

 

INSWEB CORPORATION

 

 

(Registrant)

 

 

 

 

 

/s/ Kiran Rasaretnam

 

 

 

Kiran Rasaretnam

 

 

Chief Financial Officer

 

 

 

 

 

3