December 17, 2008
Colorado Springs, CO
COLORADO SPRINGS, CO (December 17, 2008) – Insurance Technologies, LLC of Colorado Springs is acknowledged on the list of the fastest-growing companies in Colorado as recognized by Deloitte. The "Colorado Technology Fast 50," an annual award program, ranks technology, media, telecommunications and life sciences companies in Colorado by percentage revenue growth over five years.
Companies are selected based on percentage revenue growth over five years, from 2003 to 2007. To be considered, Technology Fast 50 entrants must have operating revenues of at least $50,000 in 2003 and at least $5,000,000 in 2007; be headquartered in Colorado; own proprietary technology or proprietary intellectual property that contributes to a significant portion of its operating revenues, or devote a significant proportion of revenues to the research and development of technology.
"Deloitte's Colorado Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today's very competitive technology environment," said Kurt Randall, Deloitte Tax LLP, and chair of the 2008 Colorado Technology Fast 50. "We applaud the successes of Insurance Technologies and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years."
Ranked Number 20 of 50, Insurance Technologies attributes its growth to customer service strategies designed to efficiently augment its customer's internal resources, a knowledgeable overall staff that provides expert domain consulting, and superior solutions tailored to each customer's product strengths and brand messaging. Insurance Technologies' products are high quality leading-edge technology systems created through business partnerships that we establish with our customers based on the mutual commitment, respect, and the trust that we demonstrate in the industry.
"Insurance Technologies takes pride in building a business based on valued customers and talented employees," said Larry Wiedeman, Chairman & Chief Executive Officer. "Being named to Deloitte's Colorado Technology Fast 50 is recognition that we support a varied and significant network of customers and employees who are committed to the Financial Services and Technology sectors."
About Deloitte (www.deloitte.com) "Deloitte" is the brand under which tens of thousands of dedicated professionals in independent firms throughout the world collaborate to provide audit, consulting, financial advisory, risk management, and tax services to selected clients. These firms are members of Deloitte Touche Tohmatsu (DTT), a Swiss Verein. Each member firm provides services in a particular geographic area and is subject to the laws and professional regulations of the particular country or countries in which it operates. DTT helps coordinate the activities of the member firms but does not itself provide services to clients.
About Insurance Technologies (www.insurancetechnologies.com) Based in Colorado Springs, Colorado, Insurance Technologies LLC offers point-of-sale illustration software to the insurance and financial services industries. Insurance Technologies award-winning product, ForeSight™, supports all product types, including Life, Annuities, Critical Illness, DI, and LTC – all on a single mobile platform. Our latest innovation VisibleChoice® is a multi-carrier annuity sales platform designed to leverage multiple annuity products and features. Together, they improve point-of-sale effectiveness and help close more sales quickly.