Inc. Recognizes Adaptik as Fast-growing Company

Inc. magazine ranked Adaptik Corp. in its fourth annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. Inc. says the list represents a comprehensive look at America’s entrepreneurs. Adaptik was rated No. 1984.

The 2010 Inc. 500/5000 is ranked according to percentage revenue growth when comparing 2006 to 2009. Adaptik qualified, having grown 134% in the last three years, with a revenue totaling $10.8 million. This figure also landed Adaptik at No. 23 on the Inc. 500/5000’s list of top insurance industry companies.

“We are excited to be included in the 2010 Inc. 500/5000,” said John Pettit, president of Adaptik. “To be recognized on a national level is a testament to our hard work and vision to provide P&C insurance carriers with a policy administration software solution that meets their growing demand for flexibility and configurability.”

Adaptik is currently touting its adaptive policy administration solution, PolicyWriter, which is designed to dramatically increase speed to market for new insurance products, while reducing costs and driving ongoing flexibility into carriers’ operations.

Additionally, Adaptik was named to the Deloitte Technology Fast 500 and Deloitte Greater Philadelphia Fast 50 the past two years, and was listed as a Hot Tech Vendor to Watch by Forrester Research.