USHEALTH Group CEO and Chairman, Ben Cutler has announced the promotion of Troy McQuagge to serve as the insurance holding company’s President, effective February 1, 2014. The announcement comes on the heels of back to back years of record growth and highly successful fiscal results for USHEALTH Group, Inc.
2. Troy McQuagge
USHEALTH Group CEO and
Chairman, Ben Cutler has
announced the promotion of Troy
McQuagge to serve as the
insurance holding company’s
President, effective February 1,
2014. The announcement comes
on the heels of back to back years
of record growth and highly
successful fiscal results for
USHEALTH Group, Inc.
3. Mr. McQuagge joined the company in late 2010, as President and CEO of its
insurance sales subsidiary, USHEALTH Advisors, LLC. Since then, USHEALTH
Advisors has experienced record annual sales results each year, utilizing Mr.
McQuagge’s proprietary agency platform to achieve its growth objectives while
managing capital efficiently.
“Troy brings a vast amount of Insurance industry experience on both the sales
and administrative side,” said Mr. Cutler. “His agency experience coupled with his
years of successful insurance company management know-how has helped us
bring the company to this point and certainly make him the ideal choice to guide
USHEALTH Group to our shared goal of significant long-term share price
appreciation.”
Mr. McQuagge is a 30-year veteran of the insurance industry, starting his career
with the Allstate Insurance Company in 1983. He joined UICI (now
HealthMarkets) in 1995, where he built the two largest captive career insurance
sales organizations in America. As President and CEO of USHEALTH Advisors, he
has led the company to multiple annual sales records and growth of 500% since
2010. He holds a B.A. in Legal Studies from the University of Central Florida.
4. When asked about his new role with the company, Mr. McQuagge remarked, “I
am honored by the confidence Ben and the Board have placed in me and I am
humbled to be following in his footsteps as President of USHEALTH Group. Ben’s
work over the last decade has brought USHEALTH Group to its breakthrough
moment, in the insurance marketplace. My job now, is to continue working with
Ben, the Board of Directors and with our respective leadership teams to guide
USHEALTH Group to continued profitable growth.”
Mr. Cutler retains his position as Chairman of the Board and CEO of USHEALTH
Group, a position he has held since September, 2004. He was previously
Chairman of Assurant Health and Executive Vice President of Assurant Inc. He
also served as President and Chief Executive of Assurant’s predecessor business
units, Fortis Life (1991-1994), Fortis Sales (1995-1996) and Fortis Health (19972002). He holds a B.S. from Kansas University and an MBA from the Wharton
School of Business at the University of Pennsylvania.
5. About USHEALTH Group, Inc.
USHEALTH Group, Inc. is an insurance holding company based in Ft.
Worth, Texas focused on providing innovative health coverage for
self-employed individuals and small business owners. The goal of
USHEALTH is to combine the talents of its employees and agents to
market competitive and profitable insurance products, while
providing superior customer service in every aspect of the company’s
operations.
