The company also secured the 9th spot in the insurance industry rankings. This prestigious recognition highlights the most successful independent and entrepreneurial businesses in the country, offering a data-driven perspective on the economy’s most dynamic segment.
The Inc. 5000 class of 2024 features companies that have driven rapid revenue growth while navigating challenges such as inflationary pressures, rising capital costs, and persistent hiring difficulties. Among the top 500 companies, the average median three-year revenue growth rate is an impressive 1,637 percent. Collectively, the Inc. 5000 companies have contributed 874,458 jobs to the economy over the past three years. NOW Insurance, in particular, recorded nearly 800% revenue growth during this period.
“We are thrilled to have made the list for the first time. It is a testament to the relentless hard work and dedication every employee has given to our cause: transforming healthcare liability insurance with a superior product alongside exceptional customer service,” said Philip Cabaud, Founder and CEO of NOW Insurance.
“The company plans to continue rapid expansion as we bring more product classes online. We have a full pipeline and much to come for large and small risks in need of insurance and risk management solutions designed for the modern health care system,” he added.
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. All 5000 companies are featured on Inc.com starting Tuesday, August 13, and the top 500 appear in the new issue of Inc. magazine, available on newsstands beginning Tuesday, August 20.
