IHC Announces Scaling Up of Tech-Enabled and Senior Market Initiatives and Significant Expansion of Distribution Channels for Its Pet Insurance
Independence Holding Company (IHC)
US:NYSE Investor Relations:
ir.ihcgroup.com/investor-relations
Company Research
Source: GlobeNewswire
STAMFORD, Conn., Jan. 30, 2020 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today announced its ramping up of initiatives for the tech-enabled and senior market and expansion of its pet insurance distribution channels. Roy T. K. Thung, Chief Executive Officer of IHC, commented, “As we enter a new decade, we would like to update you as to our focus for 2020 and beyond. In order to maximize our ability to serve consumers seeking pet insurance or supplemental health insurance (whether for seniors or those under age 65), we have reorganized our Specialty Benefits segment into specialty health and pet divisions. The health division is comprised of (i) our traditional distribution through independent agents and national accounts, which we now call Independence Brokerage Group, Inc. (“IBG”) and (ii) our tech-enabled distribution through IHC Specialty Benefits, Inc., our lead generation domains (www.healthinsurance.org, www.medicareresources.org, and www.petplace.com),
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