23 June 2015
1-PAGE SIGNS FORTUNE 200 COMPANY
TO SOURCING PLATFORM ADDING THE INSURANCE INDUSTRY
Insurance industry added to existing list of industry sectors as large
insurance organisation enters into agreement to use the 1-Page Sourcing
Platform.
The organisation is one of the top 10 insurance companies in the world and
employs more than 75,000 employees and independent agents.
1-Page is unable to name the organisation due to commercial sensitivities
and confidentiality agreement. The Fortune 200 Company is not permitted to
announce any of its vendor relationships.
1-Page Limited (ASX:1PG) (“1-Page”), the enterprise cloud-based talent acquisition platform
revolutionizing the way companies hire talent, is pleased to announce it has entered into an
agreement with one of the world's largest insurance companies to leverage 1-Page’s Sourcing
Platform. The 1-Page Sourcing Platform will assist the organisation with a platform to help the
company find, attract, and engage talented candidates.
The agreement is significant for the following reasons:
The agreement opens additional industry to the existing verticals, including: banking,
consumer, technology, retail, hospitality, services and health.
A 2013 report from Payscale said that the 20 companies listed on the Fortune 500 with
the highest turnover included five insurance companies with an average median tenure
of 1.2 years. Four of those five companies are in the Fortune 200.
Insurance providers make up 10% of the Fortune 200, including Berkshire Hathaway,
State Farm, MetLife, MassMutual, New York Life, The Allstate Corporation, AFLAC,
Progressive and other globally recognized brands.
1-Page continues to demonstrate the demand from Fortune 500 companies for it’s
innovative sourcing platform..
"1-Page continues to demonstrate it is gaining traction by closing category leaders and, in
turn, driving adoption in the largest markets. We will continue to focus heavily on the
insurance industry as 10% of Fortune 200 companies are leading insurance providers," Jeff
Mills, Chief Revenue and Operations Officer at 1-Page, said.
“When you combine the largest companies in the world with the highest turnover and rising
talent acquisition costs, you get the perfect recipe for the 1-Page Sourcing Solution."
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