Liazon Debuts on Inc. 500 with 2,417% Growth
NEW YORK – August 21, 2012 – Liazon Corporation was recognized as one of America’s fastest-growing businesses today as it debuted on the Inc. 500, the annual ranking of the 500 fastest-growing private companies in the United States by Inc. Magazine. Receiving one of the most prestigious awards in business, the company boasted a 2,417% growth rate over the past three years and ranked #132 overall in its first time on the list.
Liazon Corporation operates the market-leading private benefits exchange for businesses across the U.S. Its flagship product, the Bright Choices® Exchange, is an online benefits store that is changing the way employers and employees buy benefits. Liazon’s model helps businesses save an average of 10-30% on their health care costs in the first year while giving their employees more options to create personalized benefits packages. Liazon recently began partnering with insurance brokers to help fuel its growth across the U.S.
We knew we had something special when we started Liazon and built the Bright Choices Exchange,” said Ashok Subramanian, CEO of Liazon. “Businesses are recognizing the power of our benefits exchange and the positive impact it can have in controlling costs, and providing better benefits and greater choice for everyone.”
Liazon has successfully attracted more than $35 million in venture funding from premier venture firms that include Bain Capital Ventures, Bessemer Venture Partners and Fidelity Biosciences. The company currently serves more than 2000 businesses across the U.S. and has recently partnered with key national and regional insurance brokers to expand its distribution.
Founded in 2007, Liazon Corporation operates the market-leading private benefits exchange for small and mid-sized businesses. Its flagship product, the Bright Choices® Exchange, is an online benefits store that is changing the way employers and employees buy benefits. Bright Choices helps employers save money on their healthcare costs by setting predictable budgets while guiding employees to purchase better coverage of health, dental, vision, life and disability benefits. Liazon works with top national and regional insurance providers and supports more than 2,000 businesses nationwide. Liazon has offices in Buffalo, N.Y., New York City and Waltham, MA. To learn more about Liazon and the Bright Choices Exchange, go to www.http://dev.liazon.com.