Gary Levenbach Joins Independence Pet Holdings as President and Chief Actuary
Independence Pet Holdings Welcomes Gary Levenbach
Independence Pet Holdings, Inc. (IPH) recently announced the significant appointment of Gary Levenbach as President and Chief Actuary for its subsidiary, the Independence American Insurance Company (IAIC). With a rich background of over twenty years in the actuarial and financial sectors, Levenbach is set to elevate the firm's strategic approach to risk management and financial planning.
Gary Levenbach's Impressive Background
Gary Levenbach's expertise is rooted in his extensive experience within the insurance industry, particularly in actuarial roles. Before joining IPH, he spent over 15 years at Cigna Corporation, where he gained substantial insights into group health, disability insurance, and life sectors. He is well-versed in reinsurance strategies and talent development, which he honed through various leadership roles that required cross-functional collaboration among actuarial, finance, and business operations teams. His solid educational foundation includes a bachelor's degree in mathematics from the University of Michigan, along with professional accreditations as a Fellow of the Society of Actuaries (FSA) and a Member of the American Academy of Actuaries (MAAA).
A New Chapter for IAIC
In his new position at IAIC, Gary will directly report to Sheit Dhaon, Chief Administrative and Financial Officer of IPH. Dhaon expressed enthusiasm about Levenbach joining the leadership team, highlighting the company's commitment to providing exceptional value to customers. "His expertise will empower our business model further, enhancing our array of pet insurance solutions while ensuring we continually meet the needs of our clients," Dhaon remarked.
Independence American Insurance Company is recognized for its comprehensive suite of pet insurance products designed for diverse consumers, employer groups, and various partners such as affinity associations and unions. With nearly fifty years of experience in the insurance sector, the organization has established itself as a trusted entity, demonstrating a strong legacy of innovation and service. It boasts an A- (Excellent) rating from A.M. Best Company, which underscores its financial reliability and dedication to policyholders.
Commitment to Pet Health
Founded in 2021, Independence Pet Holdings operates as a holding company overseeing a broad portfolio of modern pet health brands. Its mission spans beyond merely providing pet insurance; it also focuses on pet education and recovery services, reinforcing its commitment to caring for pets nationwide. By bringing on experts like Gary Levenbach, IPH aims to fortify its role as a go-to source for pet owners seeking reliable insurance and support for their beloved companions.
As the pet insurance market continues to grow, the strategic leadership changes at IPH signal an exciting future for the company and its endeavors in the pet health landscape. Gary Levenbach's insights and experience will undoubtedly play a pivotal role in steering the company toward new heights in operational success and customer satisfaction.
Conclusion
In conclusion, Gary Levenbach’s appointment is more than just a personnel change; it represents Independence Pet Holdings’ strategic vision to enhance its product offerings and customer care in the evolving pet insurance marketplace. As they embark on this journey, the company remains focused on delivering exceptional products and services that address the needs of modern pet owners. The future looks promising for IPH under Levenbach’s seasoned leadership.