Endurance Warranty Services Named Among Chicago's 50 Fastest-Growing Companies in 2022

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March 20, 2025 at 06:14 PM

Endurance Warranty Services has secured its position among Chicago's top 50 fastest-growing companies, ranking 30th on Crain's prestigious "Fast 50" list for 2022. This achievement comes amid significant competition, with nearly 150 companies vying for recognition in what became the most competitive application process in a decade.

Crain's Fast 50 Award

The selection criteria for Crain's Fast 50 required companies to:

Be headquartered in Chicago
Have been founded before December 31, 2015
Generate minimum revenue of $15 million in 2021
Maintain consistent revenue growth between 2016 and 2021

CEO Rich Holland attributes the company's growth to increasing consumer demand for vehicle protection as drivers keep their cars longer due to economic conditions and inventory shortages. The company's success has been driven by several key initiatives:

Launch of the Advantage plan in January 2021, combining breakdown protection with routine maintenance coverage
Introduction of luxury vehicle coverage in February 2022 through the Supreme for Highline vehicles program
Addition of 820 new dealers to their service network
Partnership with 30 new agencies
Achievement of a record-high 66.1 NPS score in April 2022

Since 2012, Endurance has paid over $248 million in claims, establishing itself as a leading provider of comprehensive auto protection plans. The company maintains its corporate headquarters in Northbrook, Illinois, with additional offices in Chicago and St. Louis, Missouri.