LARKSPUR, CA--(Marketwire - Aug 22, 2012) - Systema Software, a leading provider of claims administration software and services to the insurance industry, today announced that it debuted at 1,467 on the 2012 Inc. 500|5000, an exclusive listing of the nation's fastest-growing private companies, and ranked 19 on Inc.'s list of top companies in the insurance industry.
The 2012 Inc. 500|5000 ranks companies by overall revenue growth over the three-year period from 2008 to 2011. All 5,000 honoree companies are individually profiled on Inc.com. Inc. also ranked the fastest-growing companies by industry.
Jose Tribuzio, CEO of Systema Software, commented: "Making the Inc. 500|5000 list is a huge accomplishment for our company. It validates our approach in having a sole focus -- to deliver the best claims system on the market. With that in mind, we developed SIMS Claims as the next-generation design in claims administration software. In the tough economy, other vendors may have cut back on service, whereas we stayed true to our vision to provide superior technology, accompanied by superior support. We also continued to delve into our customers' needs to offer additional functionality and features, and launch new capabilities, such as SIMS Mobile and SIMS Cloud."
Systema Software grew a dramatic 204% over the three-year period. The company's growth and success has been driven by the fact that SIMS Claims offers significant value and benefits to clients. SIMS utilizes an innovative, smart design to achieve performance that is fast, flexible, and stable. As a result, clients have been able to increase claims-handling efficiency, reduce claims costs, and achieve IT savings. Using an agile implementation process, SIMS can also be rapidly deployed, so organizations can quickly reap the benefits of managing claims with more power, speed, and intelligence.
"Now, more than ever, we depend on the Inc. 500|5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large companies, are where the action is," said Inc. magazine Editor Eric Schurenberg. "To be honored this year is a particularly notable achievement. To rank among the 2012 Inc. 5000, a company had to thrive through three of the toughest years this economy has seen in living memory. Success in such times is eloquent testimony to a team's creativity, resilience, and tenacity."
About Systema Software
Systema Software provides flexible, comprehensive solutions and services to the insurance industry. Its flagship product, SIMS Claims, is an innovative, browser-based property and casualty claims administration system. Together, our team of Big Four consulting, Microsoft development, and industry experts deliver an architecturally strong enterprise platform, designed for superior speed, scalability, and performance. For more information, visit us online at www.systemasoft.com.