PCF Insurance Named One of Inc.’s 5000 Fastest-Growing Private Companies in America

PCF Insurance’s 3.830% revenue growth from 2018 to 2021 earned the company a spot on the list

LEHI, Utah, Sept. 15, 2022 /PRNewswire/ — PCF Insurance Services (PCF), a top 20 US insurance brokerage firm, was recently recognized as one of Inc. Magazine’s 5000 Fastest-Growing Private Companies in America for 2022.

(PRNewsfoto/PCF Insurance Services)

The annual Inc. 5000 list, in which companies were ranked based on their percentage of revenue growth between 2018 and 2021, distinguishes the privately held, for-profit and independent companies in the US that best exemplify the entrepreneurial spirit.

PCF Insurance’s revenue growth of 3.830% from 2018 to 2021 placed the company among the top 125 companies in the country for the Inc. 5000 list, including recognition as the second-fastest-growing private insurance company in America. Currently, PCF Insurance serves more than 465,000 clients through its network of nearly 165 Agency Partners* across 40 states.

PCF Insurance’s recent rapid expansion can be attributed to the company’s continued emphasis on three areas:

  • Investing in technology and infrastructure: PCF Insurance is focused on scalability and putting digital platforms and processes in place to support its growth. This year, it has implemented nine new systems and has three implementations remaining this year.
  • Diversifying its portfolio to support organic growth: From product lines to geographic regions, PCF Insurance Agency Partners help diversify the organization and outpace peers in organic growth.
  • Pursuing strategic acquisitions: The company completed six acquisitions in 2019, 36 in 2000, 89 in 2021, and is on pace to complete more than 100 acquisitions this year.

“PCF is honored to be recognized as one of Inc.’s 5000 Fastest-Growing Private Companies in America,” said Peter C. Foy, Chairman, Founder, and CEO of PCF Insurance. “This ranking is a testament that our growth-focused strategy predicated on aligning with like-minded Agency Partners

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