iPipeline hiring developers, analysts as sales jump
Exton and Phila cloud-insurance firm grows under new owner
iPipeline, the Exton insurance cloud-software firm bought by San Francisco-based investment firm Thoma Bravo last summer for hundreds of millions of dollars (they won't say how many), is still expanding, says spokesman Mike Persiano. "We are hiring developers, program managers, quality-assurance individuals, business analysts, and for sales," he told me. The company says it has 30 open positions and plans to hire 80 or more next year.
iPpieline employs 450, including 220 at its Exton headquarters, 15 in Philadelphia, dozens at its U.K., Utah, Florida and Huntersville N.C. offices, plus rep sites in Denmark, Vancouver and Tokyo.
The firm, founded in 1995, has grown as clients like Iowa-based Fidelity & Guaranty Life use iPipeline systems to speed policy and annuity sales. For example, Fidelity credits iPipeline's Affirm with Annuities order-entry system with reducing application glitches so it could blow past a recent $300 million annuity sales target in less than three weeks