With a three-year revenue growth of 309 percent, Bamboo
Insurance ranks among America's Fastest-Growing Private
Companies.
MIDVALE,
Utah, Aug. 13, 2024 /PRNewswire/ -- Inc.
announced today Bamboo Insurance has earned the No. 1,680
spot on the Inc. 5000 2024, its esteemed list of the
fastest-growing private companies in America. This prestigious
ranking offers a data-driven look at the most successful
independent and entrepreneurial companies that have driven
rapid revenue growth while navigating inflationary pressure and the
rising costs of capital.
"Being included on the Inc. 5000 for a second consecutive year
is a milestone we are incredibly proud of," said John Chu, Bamboo's Founder & CEO. "This
achievement is a testament to the unwavering commitment our entire
team demonstrates to delivering exceptional value to our partners
and clients. No matter the challenge, we've remained focused on
bringing innovative solutions to dislocated insurance markets."
Earlier this year, White Mountains Insurance Group, Ltd. (NYSE:
WTM) invested $297 million, including
primary capital to support Bamboo's growth, acquiring a 72%
stake.
About Bamboo Insurance
We're a forward-thinking insurance organization dedicated to
providing a seamless and innovative insurance experience with a
strong emphasis on customer advocacy. By leveraging data and
technology, we streamline the insurance process and enhance
transparency for both our partners and policyholders. Learn more at
our website.
Follow us on Instagram, Facebook, and
LinkedIn.
Bamboo Ide8 Insurance Services (Bamboo) is Managing General
Agency licensed to sell property-casualty insurance products; NPN
18657046; CA License #0M31082.
Bamboo Insurance Media Relations
Becca Powell
bpowell@bambooinsurance.com
About Inc.
Inc. Business Media is the leading multimedia brand for
entrepreneurs. Through its journalism, Inc. aims to inform,
educate, and elevate the profile of our community: the risk-takers,
the innovators, and the ultra-driven go-getters who are creating
our future. Inc.'s award-winning work achieves a monthly brand
footprint of more than 40 million across a variety of channels,
including events, print, digital, video, podcasts, newsletters, and
social media. Its proprietary Inc. 5000 list, produced every year
since its launch as the Inc. 100 in 1982, analyzes company data to
rank the fastest-growing privately held businesses in the United States. For more information, visit
www.inc.com.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/bamboo-insurance-lands-on-the-prestigious-inc-5000-list-for-the-2nd-year-in-a-row-302221106.html
SOURCE Bamboo Insurance
