October 10, 2012
Colorado Springs, CO
October 10, 2012 – Insurance Technologies, LLC, a provider of sales and regulatory automation solutions for the insurance and financial services industries, ranked 72nd in ColoradoBiz magazine's 2012 Top 250 Private Companies in Colorado list, as published in its October 2012 issue. Insurance Technologies has made this list for the past 10 years and has maintained its ranking within the top 100 for the fifth consecutive year, with 224 employees and strong annual revenue growth when compared with other private companies in Colorado across all industries.
Insurance Technologies owes its success to working as a smart and innovative company dedicated to delivering what customers want when they want it, approaching client relationships as partnerships. The company has seen continued interest in its flagship product, ForeSight™, a point-of-sale illustration platform, as well as increased interest in its VisibleChoice®, annuity sales and suitability solution, and FireLight®, an e-application business fulfillment solution, which have expanded the company's footprint in the insurance and financial services markets. With FINRA suitability requirements having gone into effect in 2012 and mobile technology becoming increasingly integrated into business processes, VisibleChoice and FireLight both drew increased attention in 2011.
"Making our Top 250 private-companies ranking is a distinction companies throughout the state vie for, so it's especially noteworthy when a company is perennially ranked among the top 100 in this group, as Insurance Technologies is again this year. The fact that the company was able to grow revenues 17 percent year-over-year at a time when so many firms are in survival mode points to Insurance Technologies' leadership role in Colorado's improving but still fragile business climate," said Mike Taylor, Editor, ColoradoBiz magazine.
"Insurance Technologies is known for deep expertise in the insurance space, best of class products, advanced technology, dependable delivery and highly-regarded customer service. For these reasons we are thrilled to be listed as number 72 in the Top 250 Private Companies in Colorado," said Larry Wiedeman, Chairman and CEO, Insurance Technologies. "To be part of the ColoradoBiz Magazine Top 250 Private Companies list for the last 10 years is truly an honor."
About Insurance Technologies (www.insurancetechnologies.com)
Based in Colorado, Insurance Technologies provides innovative sales and regulatory automation solutions to the insurance and financial services industries, supplying Carriers, Broker-Dealers, Bankers and Advisors the accurate sales tools allowing them more time to develop new sales opportunities. Our product suite manages the sales process across distribution channels thus providing Straight-Through Processing (STP) resulting in more in good order applications. ForeSight™ is a mobile point-of-sale platform that illustrates all business lines across diverse distribution channels. FireLight® is a low cost, flexible and easy to deploy device-agnostic e-application business fulfillment platform that automates any existing sales process across all lines of business.
About ColoradoBiz Magazine (www.cobizmag.com)
ColoradoBiz, continuously published for over 35 years, chronicles business and the economy in the Rocky Mountain West. Every month, this award-winning magazine profiles the people and companies making news and making a difference throughout the region, and explores the issues shaping business conditions. ColoradoBiz magazine strives for compelling coverage of the people and issues affecting Colorado's business scene. Our readers are business owners and top management, earning high-end and six-figure salaries. Among the many regional and national awards earned in recent years for editorial excellence, ColoradoBiz won the prestigious Margolin Prize for outstanding business journalism in 2006, the first magazine to win the award in thirteen years.