“To have the hard work of everyone at our company recognized by my alma mater is a distinct honor.”
Gainesville, FL (PRWEB) February 24, 2016
Member Benefits was named to the University of Florida’s 2016 Gator100 during a ceremony Feb. 19 at UF’s J. Wayne Reitz Union Grand Ballroom.
Sponsored by UF, the Warrington College of Business and the Entrepreneurship & Innovation Center, the Gator100 recognizes the 100 fastest-growing businesses owned or led by UF alumni. Ernst & Young calculated each company’s compounded annual growth rate (CAGR) over the past three years to generate the ranking.
Member Benefits was ranked #17 with a compound annual growth rate (CAGR) of 74.41%.
Member Benefits is an insurance broker and third-party administrator that specializes in providing unique member benefits products and services to associations and affinity groups. It has seen rapid growth through the acquisition of several new association clients and through the release of its unique health insurance exchange technology for associations and employer groups.
“I am very happy to be part of such a prestigious list of entrepreneurs,” said Member Benefits CEO Earl “Chip” Trefry, Jr. “To have the hard work of everyone at our company recognized by my alma mater is a distinct honor.”
In addition to the CEO, Member Benefits’ COO and University of Florida graduate, Nicklaus Trefry was also recognized as a Gator100 honoree.
“The Gator100 is an important initiative that recognizes entrepreneurial excellence,” said Dr. Michael Morris, the Academic Director of the entrepreneurship program at UF. “It is open to any and all companies founded or run by Gator alumni, and recognizes those who are achieving growth, innovating, and making a difference in their communities.”
To qualify for the Gator100, companies must have been in business for five years or more as of Oct. 1, 2015, and have had verifiable annual revenues of $250,000 or more in 2012. Additionally, a UF alumnus or alumni must have met one of the following three leadership criteria:
1. Owned 50 percent or more of the company from Jan. 1, 2012, through Oct. 1, 2015; or
2. Served as company’s chief executive from Jan. 1, 2012, through Oct. 1, 2015; or
3. Founded the company and been active as a member of the most senior management team from Jan. 1, 2012, through Oct. 1, 2015.