Inc. revealed today that NOW Insurance is one of the fastest growing companies in America, making the Inc. 5000 list for the second consecutive year. The company achieved the 30^th spot in insurance industry rankings. The list provides a data-driven snapshot of the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Past honorees include companies such as Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, and Patagonia.

“Making the Inc. 5000 list for the second time is a proud milestone for NOW Insurance and a testament to the hard work, innovation, and customer-first focus of our team,” said Philip Cabaud, CEO of NOW Insurance. “This recognition reflects not only our rapid growth, but also our commitment to transforming the insurance experience with modern, accessible, and transparent solutions for our clients.”

This year’s Inc. 5000 honorees have demonstrated exceptional growth while navigating economic uncertainty, inflationary pressure, and a fluctuating labor market. Among the top 500 companies on the list, the median three-year revenue growth rate reached 1,552 percent, and those companies have collectively added more than 48,678 jobs to the U.S. economy over the past three years.

For the full list, company profiles, and a searchable database by industry and location, visit: www.inc.com/inc5000.

“Making the Inc. 5000 is always a remarkable achievement, but earning a spot this year speaks volumes about a company’s tenacity and clarity of vision,” says Mike Hofman, editor-in-chief of Inc. “These businesses have thrived amid rising costs, shifting global dynamics, and constant change. They didn’t just weather the storm—they grew through it, and their stories are a powerful reminder that the entrepreneurial spirit is the engine of the U.S. economy.”

About NOW Insurance

NOW Insurance, a data-driven, AI-powered Insurtech, is designed to disrupt a centuries-old business model to deliver a range of customizable, affordable, and flexible coverage options that meet the needs and requirements of modern healthcare providers. By leveraging advanced, next generation technologies such as predictive analytics and machine learning, NOW Insurance has transformed previously intricate and complex insurance processes into seamless, frictionless customer experiences. NOW Insurance was founded in 2019 by industry veteran Philip Cabaud to provide a best-in-class service for healthcare professionals in ways they have yet to experience with traditional, legacy insurers. For more information, please visit www.nowinsurance.com.

More about Inc. and the Inc. 5000

Methodology

Companies on the 2025 Inc. 5000 are ranked according to percentage revenue growth from 2021 to 2024. To qualify, companies must have been founded and generating revenue by March 31, 2021. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2024. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2021 is $100,000; the minimum for 2024 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons.

About Inc.

Inc. is the leading media brand and playbook for the entrepreneurs and business leaders shaping our future. Through its journalism, Inc. aims to inform, educate, and elevate the profile of its community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating the future of business. Inc. is published by Mansueto Ventures LLC, along with fellow leading business publication Fast Company. For more information, visit www.inc.com.

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NOW Insurance experienced 70% revenue growth last year.