iPipeline, a developer of on-demand software that supports marketing, selling, and processing solutions for insurance carriers, distributors and producers, has been selected for a second consecutive year as one of the fastest growing, privately-held companies in the Philadelphia 100 listing. iPipeline also has been recognized for its growth as an Inc. 5000 company.

“The insurance industry is experiencing a renaissance in how it markets, sells and transacts business as a result of iPipeline’s advanced, on-demand software solutions,” says Tim Wallace, president and CEO of iPipeline. “iPipeline is at the forefront of this revolution. Our client list speaks to the significant business value realized through our channel solutions.”

iPipeline’s straight-through electronic processing for applications is saving carriers and distributors in their processing and administrative costs and automating what has historically been a manual, paper-burdened process for the agent, according to Wallace. “iPipeline’s recent purchase of COSS Development has strengthened our end-to-end offering and leadership position among software solutions providers in the insurance industry,” says Wallace.

The Philadelphia 100 is an annual program conducted by the Entrepreneurs’ Forum of Greater Philadelphia, Philadelphia Business Journal and Wharton Small Business Development Center.

The Inc. 5000 is an expansion of the Inc. 500, which Inc. introduced in 1982. This ranking represents the 5,000 fastest growing companies in the US.