NEW YORK, August 17, 2016 – Distinguished LLC, a group of entrepreneurial businesses serving the insurance industry, is proud to announce that it is has made Inc. Magazine’s 2016 Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. Listed at No. 3633, Distinguished has a three-year sales growth of 86%. This is the third year in the last ten years that Distinguished has received Inc.’s distinction, having been part of the magazine’s 5000 list in 2007 (#4509) and in 2012 (#3472). The Inc. 5000 list represents a unique look at the most successful companies among American independent small businesses. Companies such as Microsoft, Dell, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees of the Inc. 5000.
Distinguished’s CEO Jeremy Hitzig voiced his excitement about Inc.’s recognition, saying, “This is such a tremendous honor for all of us and reflects our company’s shared vision and spirit to continually develop innovative approaches, products and services to meet our clients’ insurance needs. This milestone speaks to the tremendous talent of our staff and operational excellence that promotes both personal and company growth. Over the last few years, we have also formed some key partnerships enabling us to provide additional products and services to the insurance community throughout the country.”
Distinguished LLC is comprised of several businesses: Distinguished Programs, a national program manager providing specialized insurance programs to brokers and agents with specific expertise in Real Estate, Community Associations, Cultural Institutions and Hospitality & Restaurants; ResourcePro, which assists in optimizing operations for the insurance industry to improve productivity, performance and profitability; Distinguished Re, which provides reinsurance for the company’s programs; and Certus Claims Administration LLC, an independent claims administrator delivering customized claims service.
The average company on the Inc. 5000 list achieved an astonishing three-year growth of 433%. The Inc. 5000’s aggregate revenue is $200 billion, generating 640,000 jobs over the past three years, or about 8% of all jobs created in the entire economy during that period.
Inc. 5000 List Methodology
The 2016 Inc. 5000 is ranked according to percentage revenue growth when comparing 2012 to 2015. To qualify, companies must have been founded and generating revenue by March 31, 2012. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2015. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2012 is $100,000; the minimum for 2015 is $2 million. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at http://www.inc.com/inc5000.