Palo Alto, CA -- (SBWIRE) -- 12/09/2015 -- Silicon Valley Innovation Center announced Limelight Health as 1st Prize winner at the StartUp Showcase held as part of the "Insurance Disrupted | Silicon Valley 2015" Conference in Palo Alto on November 19-20th, 2015. Limelight Health is the nation's first real-time, mobile, all-in-one quoting platform for health insurance and benefits professionals.
The company's first product, QuotePad, is a mobile, cloud-based quoting platform that allows employee benefits professionals like agents, brokers, sales executives and carriers to quote and compare health benefits information quickly and easily, from any desktop or mobile device. Leveraging Limelight Health's robust health insurance and benefits plan dataset, QuotePad streamlines the decision-making process by eliminating the need for spreadsheets, traditional underwriting, and time-consuming proposal generation. Moreover, agents, carriers and other insurance professionals can private-label QuotePad's proprietary technology, allowing these groups to save money by reducing the need to develop their own solution.
Limelight was awarded the 1st Place in the Startup Showcase which concluded Day 1 of the Conference attended by over 290 insurance industry executives. Limelight was selected by a panel of 7 judges that included representatives of large insurance companies, corporate investors, VC funds, an accelerator, and an innovation lab. Judging criteria included typical elements of problem/need, target market, competition, solution and how they are disrupting the current market.
"We congratulate Limelight Health on their well-deserved award," said Andrey Kunov, Silicon Valley Innovation Center President. "Limelight exemplifies the kind of disruption we at the
Silicon Valley Innovation Center encourage and support—in Limelight's case, using innovative technology to simplify the insurance quoting process and give businesses and consumers a better experience when choosing insurance products. We look forward to seeing the impact they create across the industry."
"Winning the StartUp Showcase Insurance Disrupted award is a tremendous honor," said Limelight Health Co-founder and CEO Jason T. Andrew. "It's especially gratifying because it recognizes us for our fundamental mission: to improve an industry that we love but that is too slow, inefficient, and expensive. The award is further validation that we're on track to transform the way people everywhere choose and buy their health insurance and benefits packages."
About the "Insurance Disrupted | Silicon Valley 2015" and Silicon Valley Innovation Center (SVIC)
SVIC promotes the spirit of innovation throughout the world by providing executive leadership programs and creating connections between companies, industries, governments and Silicon Valley innovation that is reshaping our global society and economy.
"Insurance Disrupted | Silicon Valley 2015" Conference was a launch of SVIC's 2016 Insurance Innovation Program for the Insurance industry which ignites a dialog on disruptive innovation across Silicon Valley and the established industry executives through a series of conferences, executive strategy meetings with innovation technology leaders, and connections to leading innovative disruptors.
For more information on this program, email: nwood@svicenter.com or visit http://www.svicenter.com
About Limelight Health
Limelight Health is on a quest to make health insurance simple. Leveraging years of insurance industry experience alongside innovative and mobile-first technology, Limelight Health provides a new platform and solution for health insurance agents and other health insurance professionals that connects and integrates data with other benefits technologies like payroll, CRM, benefits administration and compliance tools. This solution aids in the decision making process with advanced quoting and decision support tools while saving time and eliminating redundancies.
For more information, visit http://www.limelighthealth.com/
Contact:
Contact person: Anastasia Vestfal
Company: Silicon Valley Innovation Center
Address: 1710 South Amphlett Blvd., Suite # 306 San Mateo, CA 94402, USA
Phone: 650-274-0214
Email: nwood@svicenter.com
Website: www.svicenter.com