Atlanta, GA – September 4, 2007 – Connecture, Inc., the leading provider of Web-based sales, service and process automation solutions to the health insurance industry, has been named to Inc. magazine’s Inc. 5,000 Fastest Growing Private Companies in America list. Connecture ranks 882 on the list of 5,000; an indication of the remarkable growth the company has experienced the past four years.
Dan Maynard, President and CEO of Connecture, is proud to have reached this notable level of success. “Our investment in research and development has helped us achieve this rapid growth,” Maynard stated. “We are proficient at anticipating industry changes, and we’ve architected our product suite so our solutions meet the needs of any size health and benefits insurance carrier. Our software is versatile enough to reach any of their specific target markets, integrate with their legacy systems, and enhance and improve their communications, workflows, and sales processes.”
Connecture has improved their InsureConnect suite of products in many ways the past few years, especially in enhancements that make it easy to adapt InsureConnect for the individual and family and direct to consumer markets. The company has also added a highly innovative automated underwriting product to help health plans minimize risk; and has developed a packaged product, InsureConnect EZ, that has already been purchased by five different regional health plans since its introduction earlier in 2007.
Maynard’s faith and passion in Connecture’s people and products have never wavered and he is proud of the company’s many achievements. “My belief in the products we have to offer and particularly my confidence in our amazing and talented staff is what makes Connecture the industry leader it is today,” Maynard stated. “Our knowledgeable, experienced people, quality products, and reliable delivery are the reasons we have been able to achieve this tremendous growth.”
The Inc. 5,000 is ranked according to percentage of revenue growth from 2003 through 2006. To qualify, companies must have been founded and generating revenue by the first week of 2003, and therefore able to show four full calendar years of sales. Additionally, they had to be U.S.-based, privately held, and independent – not divisions of other companies – as of December 31, 2006. Revenue in 2003 must have been at least $200,000, and revenue in 2006 must have been at least $2 million. According to the formula Inc. uses to compile the list Connecture achieved nearly 400% growth over that time period. Connecture’s listing can be viewed here.
About Connecture
Connecture is solely focused on delivering integrated Web-based sales, service and process automation solutions to the health insurance industry. Connecture has automated elements of the insurance sales and service process for over 70 health plans and insurers, and its InsureConnect suite of solutions currently supports the sales and servicing of 10 of the 20 largest health plans and insurers in the country. Its industry-proven solutions encompass the entire spectrum of multi-channel insurance sales and services for small group, large group and individual markets. Connecture offers an end-to-end business process transaction platform consisting of focused modular applications that fully integrate with existing legacy systems. Connecture’s solutions have proven to deliver increased sales, enhanced broker loyalty, improved back-office efficiencies, lower customer acquisition costs, and decrease overall operating expenses. For more information, call Megan Moyer at 262.408.3866 or visit the Connecture Web site at www.connecture.com. Connecture has offices at 101 Marietta Street, Suite 1700, Atlanta, GA, and at One Riverwood Place, N17W24222 Riverwood Drive, Suite 330, Waukesha, WI.