All Posts

With a Two-Year Revenue Growth of 136%, Susco Ranks No. 95 on Inc. Magazine’s List of the Southeast Region’s Fastest-Growing Private Companies

METAIRIE, La., May 03, 2022 (GLOBE NEWSWIRE) — Susco, a software company whose core purpose is to enable people to contribute in more meaningful and fulfilling ways, is pleased to announce that it is ranked 95th in Inc. Southeast 5000 Regionals, the most prestigious ranking of the fastest-growing companies based in Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, Puerto Rico, South Carolina, and Tennessee.

In addition to its regional ranking, Susco is #3 for Louisiana-based companies.

“We recognize that ranking in the Southeast market, a region currently experiencing unprecedented growth, is an achievement in itself,” says Neel Sus, CEO of Susco. “This follows our ranking of No. 2242 on the Inc 5000 list for 2021, and we couldn’t be more excited about our growth as we look to the future.”

Sus continues: “Our growth is the result of our amazing team executing on our core purpose. They apply it to all stakeholders – our clients, our end users, our teammates, and the community.

“We’re able to be a best-in-class technology partner to our enterprise clients because we’re very specific on the technologies we use and the industries we serve. We have decades of industry expertise in healthcare, shipbuilding, e-government, and insurance. Specifically, we’ve grown a national client footprint in the insurance space because of our deep understanding of the claims management process and the SaaS offerings our carriers and insurance companies have to integrate with (e.g. XactAnalysis, Symbility, & Guidewire).

“The pandemic has accelerated a crisis of meaning for many. People are asking themselves questions like “What difference does this job make?”, “How do I balance it with my personal obligations?”, “Does my employer even care?”, and “Is my employer vested in my development?”. While we can’t keep up with the Fortune 10 on their pay scales, what we excel at is engaging the whole person. It may be Pollyanna to view a Company as a family, but we’re winning the long game by viewing the Company as a village.

“As such, the holistic development of our teammates is near and dear to my heart, and that’s reflected in the way we hire and retain talent. We’re very selective in the hiring process for general aptitude, coding ability, and culture fit. We’ve implemented leadership training for all, monthly employee check-ins, individual development planning (to set and help them meet life goals), an employee assistance program, and many wellness-related subsidies ranging from at-home fitness equipment to meditation training.

“This has helped us navigate the “Great Reshuffle” and become stronger for it.”

The companies on this list show a remarkable rate of growth across all industries in the Southeast region. Between 2018 and 2020, these 173 private companies had an average growth rate of 147% and, in 2020 alone, they added 27,794 jobs and nearly $4.9 billion to the Southeast region’s economy.

Complete results of the Inc. 5000 Regionals Southeast, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/southeast starting March 15, 2022.

“This year’s Inc. 5000 Regional winners represent one of the most exceptional and exciting lists of America’s off-the-charts growth companies. They’re disruptors and job creators, and all delivered an outsize impact on the economy. Remember their names and follow their lead. These are the companies you’ll be hearing about for years to come,” says Scott Omelianuk, editor-in-chief of Inc.

Recent Posts

My Personal Development Toolkit & History

I was just on the This Life without Limits podcast: audio here and video here! Purpose of this Post I wanted to compile a master list of concepts I’ve learned to drive personal transformation and how those concepts can be applied to one’s business / professional life. There is more content to come, but there’s […]

Part 3: Surviving a CAT: Integration and Custom Systems in Claims Management

Delve into the complexities of transitioning from small-scale manual processes to integrated systems within larger firms. Emphasizing the importance of selecting the right platform and partner, the discussion highlights the challenges and benefits of custom-built systems versus third-party solutions.

Part 2: Surviving a CAT: Adapting in an Adjusting Industry

In this segment, the team discusses a poll about how companies manage their IT infrastructure, revealing insights into the use of in-house IT staff, managed service providers (MSPs), and self-managed systems. They explore the complexities and challenges of scaling IT operations, emphasizing the importance of phased implementation, integration, and maintaining a simple yet effective user […]

Surviving a CAT: Transitioning to Automation

In this segment, we dive into how the industry has shifted from small “mom and pop” setups to big firms, focusing on changes in processes and automation over the years. We talk about the challenges modern adjusters face, the need for phased execution in implementing systems, and why keeping the user interface simple and intuitive […]