ePayPolicy Secures Spot on Inc. 5000 List for Fourth Consecutive Year
ePayPolicy's inclusion in the Inc. 5000 list for the fourth year highlights its growth and innovation in the insurance payments sector.
ePayPolicy has been recognized on the Inc. 5000 list for the fourth consecutive year, ranking No. 1759 among the fastest-growing private companies in America. This achievement underscores the company's sustained growth and its significant impact on the insurance payments industry. The Inc. 5000 list is a prestigious ranking that highlights the most dynamic and successful independent businesses in the U.S., with past honorees including industry giants like Microsoft and Oracle.
The company's CEO, Mark Engels, expressed pride in the team's hard work and viewed the recognition as a milestone in their growth journey. Engels also shared optimism about the future, indicating that the best is yet to come for ePayPolicy. The company recently surpassed 10,000 active insurance customers on its payments network, a testament to its expanding influence and the trust it has garnered within the industry.
Mike Hofman, editor-in-chief of Inc., commended the resilience and vision of the companies making the list, especially in a challenging economic climate. ePayPolicy's ability to thrive amid rising costs and shifting global dynamics speaks to its innovative approach and commitment to serving the insurance sector. The company specializes in providing payment solutions tailored for the insurance industry, including carriers, MGAs, premium finance companies, and agencies.
ePayPolicy's offerings have evolved from facilitating ACH and credit card payments to a comprehensive suite of AR/AP tools designed to streamline the payment process. Recent innovations like Finance Connect and Network Payables have further enhanced the efficiency and security of transactions across its connected insurance payments network. Additionally, the company has secured a new investment from LLR Partners and Serent Capital to fuel its next phase of growth.
The Inc. 5000 list ranks companies based on percentage revenue growth from 2021 to 2024, requiring them to meet strict criteria regarding their founding date, revenue generation, and independence. For more details on the list and to explore the rankings, visit www.inc.com/inc5000.