Business Analytics and Intelligence Firm Now Manages $11 Billion in Commercial Insurance Premium
BEVERLY HILLS, Calif., November 30, 2015 — RiskMatch, a business intelligence and analytics firm that provides insurance portfolio management and placement solutions to insurance brokers and insurers, has been selected as a 2015 Red Herring Top 100 Global award winner, which recognizes the leading private companies from North America, Europe, and Asia today and celebrates the startups’ innovations and technologies across their respective industries.
Red Herring’s Top 100 Global list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.
“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across the globe to the Top 100 Winners. We believe RiskMatch embodies the vision, drive and innovation that define a successful entrepreneurial venture. RiskMatch should be proud of its accomplishment.”
“We are pleased to achieve this prestigious recognition from Red Herring,” said Kabir Syed, CEO, RiskMatch. “This reflects the dedication of our team, our expertise and knowledge of the marketplace, as well as the traction with our clients.”
In less than two years since the official launch of the RiskMatch® platform, the firm now manages more than $11 billion in commercial insurance premium, making it the largest independent commercial insurance platform in the U.S. As RiskMatch continues its rapid expansion, it is dramatically changing distribution and analytics across the 300-year-old commercial insurance sector.
Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track records and standing of startups relative to their peers, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models from around the world.
About RiskMatch
RiskMatch is an analytics firm that delivers a suite of web-based solutions for insurance brokers and underwriters throughout the U.S. Its patented platform delivers an array of portfolio management, analytic and data management services designed to enable brokers and underwriters to enhance performance, facilitate growth, and improve their client service capabilities.
About Red Herring
Red Herring is a global media company that unites the world’s best high-technology innovators, venture investors and business decision-makers in a variety of forums, including print, online and exclusive events worldwide. Red Herring provides an insider’s access to the global innovation economy, identifying new and innovative technology companies and entrepreneurs. Its Red Herring 100 awards for North America, Europe, Asia and Global have recognized more than 5,000 companies in their early stages, including Baidu, Google, eBay and Skype. For more information, please go to: http://www.redherring.com/events/
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