TechCanary Expands Operation in Response to 300% Annual Growth in Adoption of the TechCanary Agency Management System
MILWAUKEE--(BUSINESS WIRE)--May 15, 2018--TechCanary, a provider of a cloud-based, analytics-driven insurance solution and the #1 insurance solution built natively on the Salesforce platform, today announced it is expanding its operation in response to the continued strong industry adoption of its TechCanary Agency Management System (TC-AMS). The TechCanary customer base and its revenues grew 300% in 2017. In response, TechCanary added 50% more employees and relocated to a larger headquarters office in the first quarter of 2018.
Team expansion included new talent in all areas of the operation, including development, customer support, sales, and marketing. TechCanary plans to grow the team by another 50% before the end of the year to meet the continued increase in demand it is seeing for 2018. The company’s extraordinary growth required a move to a new and larger headquarters facility, approximately 50% larger than the previous offices. While many of the new employees will be located in the headquarters facility, some will be dispersed throughout the U.S. and Canada to best serve TechCanary clients as it expands into new geographic markets.
Reid Holzworth, TechCanary CEO and founder, commented, “We have experienced rapid growth over the last two years as we moved beyond our early adopter clients into production for the general market. With our innovative offering, and proven stability and business value, we are finding more and more agencies, brokers, and carriers reaching out to us to learn more about TechCanary. The increased interest in and adoption of our solution have created a great opportunity for us to expand our operation and bring additional talent into the organization.”
The TechCanary Agency Management System (TC-AMS) is a cloud-based, analytics-driven solution, well-suited for agencies, brokerages, MGAs, GAs, wholesalers and carriers. Built inside the world’s #1 CRM platform, Salesforce, the TechCanary solution offers a complete ACORD and CSIO data structure, support for all lines of business including P&C, life, health and benefits, integration with email and phone, and support for all browsers and mobile devices. The platform enables efficient management of the entire insurance sales and service process from lead to sale to ongoing customer support and renewal. Industry-leading real-time analytics is included along with user-configurable automation and workflows. TechCanary clients can choose from over 4,000 add-on pre-integrated apps, enabling easy expansion of capabilities and quick-to-value deployment.
The address of the new TechCanary headquarters is:
1322 N. 8th Street Milwaukee, WI 53205
Founded in 2013, TechCanary is an InsurTech company offering the #1 insurance solution available on Salesforce. The company’s mission is to provide the insurance industry new and innovative alternatives to legacy brokerage management systems and generic CRM and call center solutions. The TechCanary offering is a configurable, cloud-based insurance solution for agencies, brokerages, carriers, MGAs, MGUs and wholesalers who want to gain a competitive advantage by supporting their insurance business their way, and not as traditional insurance software dictates. The TechCanary insurance solution manages the entire insurance sales and service process in a single environment for all lines of business including property and casualty, life, annuities and employee benefits. To learn more about TechCanary, please call 414-446-3999 or visit www.techcanary.com.
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PUB: 05/15/2018 09:00 AM/DISC: 05/15/2018 09:01 AM