Poulton Associates Earns Coveted Spot on Inc. Magazine's 2018 List of America's Fastest-Growing Private Companies for 3rd Consecutive Year
The Utah-based managing general agent and insurance brokerage administer's the country's largest private flood insurance program - the Natural Catastrophe Insurance Program (NCIP) - and again earned a spot on Inc's fastest-growing private companies list.
SALT LAKE CITY, Aug. 29, 2018 /PRNewswire-PRWeb/ -- Inc. magazine today named Poulton Associates, LLC. to its 2018 Inc. 5000 list, an annual exclusive list that ranks the fastest-growing private companies in the U.S. Based in Salt Lake City, the managing general agent and insurance brokerage earned a sought-after spot on the list for the third year in a row, ranking number 3,390. Founded in 1991, Poulton Associates earned revenue of $11.4 million in 2017, demonstrating impressive three-year growth of 114 percent.
The 37th annual Inc. list provides a snapshot into some of America's most successful independent and privately held small businesses. Poulton Associates administers the country's largest private flood insurance program – the Natural Catastrophe Insurance Program (NCIP). As a third year honoree, Poulton joins the ranks of impressive past Inc. 5000 leaders including, Microsoft, Timberland, Vizio, Intuit, Chobani, Oracle, and Zappos.com.
"Poulton Associates is proud to once again be named to Inc.'s prestigious list of America's 5,000 fastest growing companies," said Craig Poulton, chief executive officer of Poulton Associates. "Our breadth of products and services including private flood, earthquake and landslide insurance, and our unique and convenient insurance delivery platform is creating efficiencies for insurance producers across the country. And, the word is out – private flood insurance, like that offered by NCIP, provides a more comprehensive and cost-effective alternative to the government's troubled National Flood Insurance Program (NFIP). Producers and consumers are catching on and they are seeking out our private flood insurance product."
Poulton is a nationally recognized expert on the subject of flood reform and has worked diligently with the media, regulators and lawmakers to remove barriers threatening the growth of the private flood insurance market. Unfortunately, with the federal government administering most of the flood insurance policies in the U.S., it has been unclear to consumers, and even many mortgage and insurance professionals, that private alternatives, unrelated to the NFIP, are available.
About Poulton Associates, LLC
Poulton Associates, LLC, is a Utah-based managing general agent and insurance brokerage with expertise in property and casualty insurance. Poulton Associates administers the Natural Catastrophe Insurance Program, the largest private flood insurance program in the country. Poulton Associates, LLC has been a leader in provisioning risk services since 1991 and provides access to superior coverage for catastrophes, such as floods, earthquakes and landslides not covered under traditional homeowner and commercial property policies. Coverage is available in all 50 states. To learn more, please visit us at http://www.catcoverage.com or follow us on Twitter at @NCIPtweets.
Inc. 5000 Methodology
The 2018 Inc. 5000 is ranked according to percentage revenue growth when comparing 2014 and 2017. To qualify, companies must have been founded and generating revenue by March 31, 2014. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2017. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2014 is $100,000; the minimum for 2017 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 18,000,000 today. For more information, visit http://www.inc.com.
SOURCE Poulton Associates
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