We're honored to be recognized by Inc. for our accomplishments
Woodridge, IL (PRWEB) August 29, 2008
Inc. magazine announced today that Realtime Solutions Group LLC has been recognized as being one of the 5000 fastest growing privately held companies in the United States in 2008.
Realtime, the pioneer in e-business solutions and straight-through-processing software for life and health insurance, earned the rank of 1266 on the list. Inc. also ranks Realtime as the 50th fastest growing company in the Chicago area and the sixth fastest growing IT Services firm in the region.
The 2008 Inc. 5000 list measures revenue growth from 2004 through 2007. To qualify, companies must be U.S.-based and privately held, independent -- not subsidiaries or divisions of other companies -- as of December 31, 2007. Realtime had a growth rate of 299.7% over the three-year period and revenues of $3.4 million in 2007.
According to Inc. 5000 Project Manager Jim Melloan, "The Inc. 5000 gives an unrivalled portrait of young, underreported companies across all industries doing fascinating things with cutting-edge business models, as well as older companies that are still showing impressive growth."
"We're honored to be recognized by Inc. for our accomplishments," said Gregg Antenen, president of Realtime. "Since we founded the company in 2003, we've grown from four to 27 employees and this spring had to double our office space for the second year in a row. We attribute our success to meeting the critical needs of our life and health insurance clients to reduce policy application processing time and costs with unique, proprietary software and data solutions."
Realtime's mission is to be a leader in transforming the life and heath insurance industry to the straight through processing of policy applications by being the premier technology provider of automated new business processing and underwriting solutions. The company's client list includes Top 10 life and health carriers, and the nation's leading life and health insurance direct marketers.
Realtime Solutions Group is the pioneer and leading provider of new business straight through processing (STP) technology and services to individual life and health carriers and distributors. Realtime eBusiness™ solutions and Realtime STP™ are its industry-leading new business software platforms that reduce new business processing time and costs and create competitive advantage for Realtime clients. The Chicago-area company also created Realtime Data Bureau™, an online third-party data resource for making underwriting decisions in real time. For more information about Realtime and its solutions and services, please visit its web site at http://www.RealtimeSG.com.