Organization joins elite group of companies providing customers with best in
technological products and solutions
WASHINGTON, D.C. (September 30, 2009) – ULLICO Inc., a privately held financial and insurance services holding company, is proud to announce it has been named to InformationWeek magazine’s annual list of Top 500 most innovative technology organizations. The magazine annually recognizes companies that use technology in innovative ways.
ULLICO ranked #56 out of the top 500 in the annual list. Over the course of its 80 years, ULLICO leadership has worked with its partners and members to fill Labor’s basic needs beginning with health insurance and adding worker’s compensation, union liability insurance and innovative investment products to its portfolio.
“We are proud of this recognition and to stand alongside other great American companies recognized as innovators, especially in this economic environment,” said ULLICO Inc. CEO Ed McElroy. “I want to commend the hundreds of men and women who work at ULLICO for their commitment to quality and innovation.”
In its report, the magazine said, “There’s a thread that runs through the companies at the top of this year’s InformationWeek 500: relentless innovation. In the 21 years that we have ranked the nation’s business technology leaders, none has been provided with as many obstacles to innovation as this past year, with its ferocious recession. This year’s top InformationWeek 500 companies stand out for keeping the pressure on for new ideas that drive business results.”
Added McElroy, “ULLICO is proud of its long heritage of financial strength and expertise, delivering great products to our customers cost effectively and efficiently. A major part of this efficiency is tied to the technology tools we use. This designation as an innovation leader is great validation that we are doing things right for our customers.”
About ULLICO Inc.
ULLICO Inc., with $5.3 billion in total assets under management, is an insurance and financial services holding company. ULLICO's subsidiary companies include The Union Labor Life Insurance Company; ULLICO Investment Advisors, Inc.; ULLICO Investment Company; ULLICO Casualty Company; and ULLICO Casualty Group, Inc. Since 1927, the ULLICO Family of Companies has offered quality insurance and investment products and services to its single most important client, the American labor movement. For additional information, visit www.ullico.com [1].
CONTACT:
Bina Handa
Manager
Communications & PR
202.682.6611
bhanda@ullico.com [2]
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