Ideal Concepts Named a 5-time Inc. 5000 Winner
August 17, 2021
Multi-year Inc. 5000 winner Ideal Concepts, Inc. has once again made the prestigious list! With Ideal Concepts’ company’s sister company, American Insurance Organization (AIO), the Lehigh Valley based business has made the Inc. 5000 list for the past six years running. The exclusive list by Inc. Magazine annually ranks the country’s top 5000 fastest-growing private companies by 3-year revenue percentage growth.
Ideal Concepts and AIO are excited to celebrate their sixth appearance on the list, especially as it gets exponentially harder to continually produce the same percentage increases as revenue grows. The companies’ 3-year revenue increases have ranged from 62% to 863% since 2012.
While the Inc. 5000 list recognizes the fastest growing companies in America based solely on revenue percentage increases, what may be more impressive is Ideal Concepts’ employee growth. During the same time period measured for Inc. 5000, employee count grew from 43 to 177!
The two-year COVID-19 pandemic has presented some interesting challenges, but ultimately, has not seriously impacted Ideal Concepts’ growth. Despite closing in early March 2020 and choosing not to return to office yet in order to continue to protect employees and employees’ families, all team members are able to work hard from home.
Ideal Concepts President John Pequeno said, “It’s so exciting to be included in the Inc. 5000 list for the sixth time, especially during a year where the individual health insurance industry faced significant and overnight changes. I’m proud of every department’s ability to remain productive and effective during a year of turmoil, while conquering the additional challenges that come with working from home.”
Ideal Concepts, as an insurance sales technology company, and AIO, an insurance marketing organization, were both highly effected by the American Rescue Plan, which opened up Affordable Care Act enrollments to everyone until mid-August and gave millions of Americans subsidies to help pay for health insurance. To properly leverage this national opportunity for individual health sales, Ideal Concepts is on a hiring surge.
Recruiting Director Eric Thomas said, “We’re determined to continue the impressive growth trajectory of Ideal Concepts with only the highest qualified, most talented individuals across a variety of positions. While other companies have been laying off, we have grown exponentially during the pandemic and will continue to do so. If you want stability in a solid company filled with career-driven professionals, this is the perfect time to consider Ideal Concepts.”
Currently, the company has 30 open positions with various departments including sales management, engineering, human resources, marketing, and recruiting. Check out www.IdealConcepts.Com/Careers