Synergy Comp Named Fastest-Growing Company for 6th Consecutive Year

17 Aug Synergy Comp Named Fastest-Growing Company for 6th Consecutive Year

Synergy Comp has big news! For the 6th consecutive year,  Inc. Magazine ranked Synergy Comp on its 40^th annual Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies.

Overview

The list represents a unique look at the most successful companies within the American economy’s most dynamic segment; its independent small businesses.

Synergy Comp has achieved a three-year growth rate of 59%. Synergy is now part of an elite group that over the years has included companies such as Microsoft, Timberland, and Zappos.com, among others. 

The Inc. 5000 list is an achievement that gains company national recognition, in addition to boosting the local economy.  The entrepreneurs that appear on this list are the creators of not only companies, but jobs to make their businesses and communities thrive. 

To be present on the list for 6 years running in such a competitive arena is truly an honor.     

“Synergy Comp received the Inc. 5000 Fastest-Growing Private Companies’ award because of our employees’ commitment to safety and excellence which have resulted in reducing our policyholders’ workplace injury costs by 65%,” says President and CEO, Lew Kachulis. “We also thank our loyal independent insurance agents and their policyholders for recognizing the importance of creating a safer work environment for their employees.”

The annual Inc. 5000 event honoring the companies on the list will be held virtually from October 19 to 20, 2021. As always, speakers will include some of the greatest innovators and business leaders of our generation.

Synergy’s Growth

Synergy accredits their growth to the commitment from their partners, clients, and employees. 

The company seeks to create long-term relationships with its clients and partner agents that are mutually beneficial and aimed at growth. Their hands-on approach creates a culture that fosters communication and embraces safety as a core operating principle.

Eric Brown, Chief Financial Officer of Synergy Comp, had the following to say:

“We are so proud at Synergy Comp of our engaged employees and valued agency partners to achieve this prestigious award for the sixth year in a row.  These results are a testament to the culture at Synergy Comp and embracing our mission of delivering promised results through commitment and continuous improvement.”

Growth has allowed Synergy to apply for an increase in Educational Income Tax Credit (EITC) funds to create educational opportunities for their community’s youth. Synergy Comp provided Pre-K scholarships and supported local schools including United Way’s Success by Six, The Buhl Club, Building Blocks Child Center, KidZone Learning Center, and more.

Company Successes

Synergy Comp is proud to be one of the few, out of nearly 7 million private companies in the U.S. to be named one of the fastest-growing private companies. The company has also received multiple state and national honors including the 2017 Pittsburgh Business Ethics Award, the 2017 and 2018 Best Places to Work in PA and Fastest-Growing Private Companies in Pittsburgh.

Adhering as a company to their mission, core purpose and core values kept Synergy Comp focused as a team and allowed them to overcome challenges this past year. Synergy Comp’s 2021 plans include continued growth and giving back to the local community.

Thank you, Inc. Magazine.