Tim Wallace Wins Ernst & Young’s 2011 Entrepreneur Of The Year Award in Philadelphia

Technology Category Award Is Given for Leadership, Vision, and Years of Achievement

EXTON, Pa.--(BUSINESS WIRE)-- iPipeline®, the leader in on-demand software that supports marketing, selling, and processing solutions for the nation’s top insurance carriers, distributors and producers, today announced that Tim Wallace, CEO of iPipeline, was selected from a highly competitive field of technology CEOs to win Ernst & Young’s Entrepreneur Of The Year® 2011 Great Philadelphia Award in the Technology category. Ernst & Young conducts 26 entrepreneurial award programs in the US, and their global program now spans 50 countries. The award, considered to be the world’s most prestigious business award for entrepreneurs, was revealed at a gala event held at the Loews Hotel in Philadelphia on June 16^th.

“It is an honor to be selected as Ernst & Young’s 2011 Entrepreneur Of The Year in the Technology category for the Greater Philadelphia Region--one of the densest clusters of technology companies in the US. Many factors contributed to the selection--not the least of which is the collective performance of iPipeline’s management team and employees,” said, Tim Wallace, CEO of iPipeline. “iPipeline has an intense focus on technology leadership and improving how our customers in the insurance and financial services industry work every day. Without our employees, innovative products and excellent delivery, we would not be the leadership position we are today. I look forward to gathering with other winning CEOs from across the US later this year.”

“iPipeline has made exceptional progress in penetrating the insurance and financial services industry. Tim Wallace and his team have molded the company into a true industry leader, and their vision for how the industry can market, sell and process diversified financial products is rapidly becoming a reality,” said Michael A. DiPiano, General Manager, NewSpring Capital. “NewSpring is proud to be major investor in iPipeline. We congratulate Tim on receiving this prestigious award for business achievement and for a job well-done.”

To learn how you can implement iPipeline’s solutions to support the marketing, selling and processing of insurance and financial products, contact [email protected] or call 1-800-758-0824, option 2. View our iGO e-App video by clicking here, and read our CEO Blog today.

About iPipeline

iPipeline leads its industry in providing the next-generation suite of sales distribution software to the insurance and financial services markets through its on-demand service. iPipeline's channel solutions for carriers, distributors, and producers automate activities for CRM, forms distribution and processing, quotes and illustrations, in Good Order e-Applications, agency management, and policy delivery and related services, enabling the insurance industry to market, sell, and process faster. iPipeline provides the process automation and seamless integration needed to make a sale by aggregating approximately 200 carriers, 1,300 distributors, and financial professionals and advisors in a single, Web-based environment -- the iPipeline Customer Network. With headquarters in Exton, Pennsylvania, iPipeline has offices in Atlanta, Charlotte, Milwaukee, Salt Lake City, and Vancouver. iPipeline's primary investors are NewSpring Capital and Volition Capital.Visit us at www.ipipeline.com.

About Ernst & Young Entrepreneur Of The Year

Ernst & Young Entrepreneur Of The Year is the world’s most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential, and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 140 cities in more than 50 countries.

iPipelineLisa Bollinger, Marketing
484-870-6234

Source: iPipeline