Patra Insurance Insights

The Sacramento Business Journal Celebrates Fastest-Growing Companies

Aug 23, 2019 8:58:00 AM / by Patra Corporation posted in News, Award

Patra is ranked 25 among companies in local California counties.

The Sacramento Business Journal released its annual list of the Fastest-Growing Companies. To qualify for the list, companies must be based in Sacramento, El Dorado, Placer or Yolo counties and need to have posted at least $200,000 in revenue for 2016. The 2019 list is ranked based on percent growth from 2016-2018.

The Sacramento region is proving to be a hub for fast-growing companies. Of the 51 companies ranked in Sacramento Business Journal’s list, 27 are also featured in Inc. magazine’s prestigious Inc. 5000 list of America’s Fastest-Growing Private Companies! Patra ranks 25 in Sacramento Business Journal’s list and 2,605 in the Inc. 5000 list.

“This year Patra not only ranked locally, but also nationally as one of the fastest-growing companies. It is a true honor to have our hard work recognized at both levels,” says Patra CEO John Simpson. “Patra is proud to call El Dorado Hills home and is thrilled to be surrounded by and learn from the many successful companies in the local area. Together, we enhance our shared community.”

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Insurance Business America Releases its 2019 Top Insurance Workplaces Report

Aug 20, 2019 2:03:11 PM / by Patra Corporation posted in People, News, Award

For the second year in a row, Patra is recognized a Top Insurance Workplace.

The process to become a 2019 Top Insurance Workplace was divided into two phases. In the first phase, Insurance Business America invited employers to nominate their organizations to be considered. In the second phase, employees from nominated companies were asked to fill out an anonymous form evaluating their workplace on several metrics, including benefits, compensation, culture, employee development and diversity.

In order to be considered, each organization had to reach a minimum number of employee responses based on overall size. Organizations that received an 80% or greater average satisfaction rating from employees were named a Top Insurance Workplace.

“It is exceptional to realize Patra employees evaluate their workplace so positively. It was my intention from the beginning to create an environment for employees in which they feel motivated and supported and being recognized, now two years in a row, as a Top Insurance Workplace shows that we’re accomplishing our workplace goals,” says Patra CEO John Simpson.

Patra is one of only 53 companies recognized as a top place to work in insurance from the hundreds of companies that participated in the survey. Patra employees overwhelmingly chose to respond to the survey and provide their rating of the company, ultimately earning Patra a higher than average survey score.

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Inc. Magazine Unveils Its 2019 List of America’s Fastest-Growing Private Companies—the Inc. 5000

Aug 14, 2019 4:46:00 PM / by Patra Corporation posted in News, Award

For the 3rd year in a row, Patra appears on the Inc. 5000, ranking number 2,605 with three-year revenue growth of 150 percent. 


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Patra Continues Strong and Sustained Growth

May 16, 2019 4:44:03 PM / by Patra Corporation

Investments in global operations centers and technology lead expansions.

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Patra and MarshBerry Announce Joint Marketing Alliance

Apr 9, 2019 1:49:00 PM / by Patra Corporation


Strategic Partnership Enables Exclusive Preferred Pricing For MarshBerry Connect Brokers


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Patra Announces New Chief Technology Officer

Mar 7, 2019 10:03:00 AM / by Patra Corporation

Patra has hired Tony Li as its Chief Technology Officer (CTO) to lead the company’s technology development initiatives. The hiring comes as part of the company’s continued growth and expanded focus on technology, software-based solutions and new InsurTech applications.

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Patra Featured on Prestigious ‘Top Insurance Workplaces’ Report

Oct 11, 2018 5:11:00 PM / by Patra Corporation

Leading industry publication Insurance Business America released Top Insurance Workplaces report for 2018, a snapshot of the US insurance sector, and Patra is featured prominently on the list.

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Patra Recognized on the Inc. 5000 List of America’s Fastest-Growing Private Companies for the Second Time

Oct 10, 2018 10:02:00 AM / by Patra Corporation

Inc. Magazine ranked Patra No. 2,236 on its 36th annual Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies. Patra ranked 30th of the more than 70 firms on the list representing the insurance industry. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment: independent, small and midsized businesses. Companies such as Microsoft, Dell, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees of the Inc. 5000.

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Patra Corp Continues Strong Investment in InsurTech with Product Launch and Corporate Acquisition

Oct 2, 2018 10:02:00 AM / by Patra Corporation

Patra is announcing the launch of an industry-wide product and new technology acquisition. The product, CertVault, is a cloud-based repository and delivery system designed to secure and streamline the delivery of certificates of insurance. Patra is also acquiring QBIS, an Oakland-based InsurTech platform facilitating broker and MGA connection to carrier systems.


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Patra Announces New Chief Revenue Officer

Apr 25, 2018 10:04:00 AM / by Patra Corporation

Patra Corporation has hired Bob Murphy, a leader from the financial technology services industry, as its new Chief Revenue Officer (CRO).  In the newly created position, Murphy, will oversee sales, marketing and strategic direction for the company, a leading provider of technology-enabled business process solutions for the insurance industry.

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