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Home > Company Index > Computer Software & Services > Corporate, Professional & Financial Software > ChannelPoint, Inc.

ChannelPoint, Inc.
 PROFILE
ChannelPoint's software and services help ensure the insurers. The company's software boosts the insurance policy distribution process, mainly for health, life, and annuity carriers. ChannelPoint's applications also help create electronic markets that link buyers and sellers of insurance products. Customers include UnitedHealth Group, Kaiser Foundation Health Plan, and John Hancock Financial Services. Acquisitions have extended the company's offerings to property/casualty insurers. ChannelPoint's investors include General Electric Capital; Mohr, Davidow Ventures; and Capital Z Partners. Founders Kenneth (CEO) and James Hollen (SVP) previously founded Icon Health (now part of WebMD).

 COMPETITION
INSpire Insurance Solutions, Inc. (NSPR)
ebix.com, Inc. (EBIX)

 DEALS
Deal: IBM Partners With ChannelPoint
Date Announced: 11.16.00
Value of transaction (US $Mil): 0
Description: Software developer partners with e-commerce enabler for the insurance industry to provide business solutions for insurance and financial services.

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 5.50
1-Yr. Sales Growth: 243.0%
Employees: 1,035
Revenue per employee: $5,314.01

 KEY PEOPLE
• Kenneth E. Hollen
    CEO
• Timothy D. Hoogheem
    CFO

 CONTACT INFO
10155 Westmoor Dr., Ste. 210
Westminster, CO 80021
US
Phone: 303-404-2022
Fax: 303-404-2262
Online: Web Site

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