LARGO, Fla., Sept. 3, 2013 /PRNewswire-iReach/ -- Insurance Administrative Solutions, a nationally recognized Third Party Administrator providing companies in the life and health insurance industry with innovative solutions for the individual, group, volunteer, and worksite insurance markets, has announced that effective September 1, 2013, Mr. Lane Kent will be appointed to the position of President.
An industry leader in Long Term Care insurance, Medicare, Medicaid, and other senior related health insurance products, Kent comes to IAS with more than two decades of demonstrated core experience. An advocate for responsibility in planning for aging with independence and holistic care for seniors, he actively serves on the American Health Insurance Plan's LTC and Product Leadership Committee, and he is a member of the board of directors for the DST Health Insurance Advisory Board and the National Center for Creativity in Aging.
A former president and general manager of Univita Health's insurance administration business, Kent has adopted a "hands-on" approach to improving administrative efficiencies and creating opportunities for competitive advantages to product administration, and believes that now is the time for administrators to expand the number of products and services being offered.
"With the multitude of product types that are going to be piloted, demonstrated, and ultimately implemented over the coming years, there will be a great opportunity for administrators with the domain knowledge that IAS has to grow," says Kent. "My vision is to diversify IAS's portfolio and invest in the necessary technology, people, and services to expand the footprint of the business—because this is where I believe true growth opportunities exist."
Kent joins the IAS team to become part of one of the most well-respected TPA's in the insurance industry, as IAS continues to set the standards among administrative service providers.
"I have the utmost respect for IAS and its Executive Board. They are the kind of people that I truly want to work with, by allowing me the room to build a culture that is consistent with their own values," says Kent. "Being part of the IAS leadership group is something I'm looking forward to for the next 20-years and beyond."
The IAS Executive Board would like to wholeheartedly express its sincere gratitude to former IAS President, Randy Samples, for his 16-years of dedicated service, and wish him the very best in all future endeavors.
IAS is one of the largest privately held third party administrators in the U.S., providing customizable end-to-end administrative services for the life, health, and annuity insurance industry. IAS supports all company operations, adapting to the specific needs of organizations, rather than offering a cutting board approach to administration. Using the latest technology platforms available, IAS provides the economies of scale to streamline operations while eliminating cost uncertainty. IAS employs over 200 insurance professionals in one centralized location.
For additional information about IAS, visit www.IASadmin.com.
Media Contact: Victor Castellanos, Insurance Administrative Solutions, L.L.C., 407-472-3905, Victor.Castellanos@IASadmin.com
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SOURCE Insurance Administrative Solutions, L.L.C.