Last fall, the company secured a $31 million round of funding and in the first quarter of 2016, it grew premiums by 51 percent. Today, Insureon employs more than 220 people.
"Growing a small business requires you to fire on all cylinders at all times," said Devine. "It's constant problem solving, constant innovation. We're thrilled that Entrepreneur has recognized the growth we're achieving as we strive to improve access to essential insurance products for nation's small-business owners and streamline distribution for our carrier partners."
As part of its ongoing evolution, Insureon this summer brought on Amazon and Zillow veteran Jeff Somers in the newly created position President and Head of Retail. Somers, who is based in San Francisco, will spearhead the opening of the company's first West Coast office.
Insureon leverages its unique online application to both serve retail clients directly and support the leading top-five banks, brokerages, and insurance companies in delivering their small commercial business, placing more than $300 million in premium annually.
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