California-based ProcessClaims Inc., a provider of business process solutions designed to boost productivity and enhance customer service for property and casualty claims processing, has been named a Rising Star in Deloitte’s Technology Fast 50 program. The program is a special designation for technology companies that have achieved a level of stellar growth. Rankings are based on the percentage of growth in fiscal year revenues.
“It’s not easy for a company to get traction in the technology marketplace let alone report such phenomenal revenue growth,” said Mark Evans, national managing partner of Deloitte’s Technology, Media & Telecommunications Group. “It’s a credit to ProcessClaims’ leadership that they’ve managed to ramp up their business so quickly.”
“We are honored to be recognized by Deloitte for our strong performance and position as a market leader in the insurance solutions market,” said Paul Farber, CEO, ProcessClaims. “Our success can be attributed to the solid value proposition and talented team which truly provide innovative solutions and deliver on real market needs.”
ProcessClaims was also recently a finalist as Software Services Company of the Year by the Southern California Software Association.
To qualify for the Technology Fast 50 Rising Star program, companies must meet certain revenue qualifications, be public or private companies headquartered in North America, and be a “technology company” defined as owning proprietary technology that contributes to a significant portion of the company’s operating revenues (using other companies’ technology in a unique way does not qualify); and/or devoting a significant proportion of revenues to research and development of technology.
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