Independence Pet Holdings Welcomes New Leadership
Independence Pet Holdings, Inc. (IPH) is excited to announce that it has appointed Gary Levenbach to the position of President and Chief Actuary for its subsidiary, Independence American Insurance Company (IAIC). With over 20 years of experience in actuarial and finance roles within the insurance sector, Gary brings a wealth of knowledge that will significantly benefit the organization.
Gary Levenbach's Professional Background
Before joining IPH, Gary Levenbach held various prominent positions in the reinsurance landscape. He has a strong background in risk management and is known for his proficiency in financial strategies. His career was significantly shaped during his 15 years with Cigna Corporation, where he held several roles within the group health, disability, and life insurance segments. Gary is a graduate with a bachelor's degree in mathematics from the University of Michigan and has been recognized with esteemed designations as a Fellow of the Society of Actuaries (FSA) and as a Member of the American Academy of Actuaries (MAAA).
Company's Commitment to Growth
Gary will be reporting directly to Sheit Dhaon, the Chief Administrative and Financial Officer of IPH. Dhaon expressed enthusiasm about this new appointment, stating, "We are thrilled to welcome Gary Levenbach to our leadership team, underscoring our commitment to delivering unparalleled value to our customers. His expertise will continue to support our business as we strive to create the most diverse portfolio of pet insurance products and services, further caring for pets and empowering pet parents."
About Independence Pet Holdings
Established in 2021, Independence Pet Holdings, Inc. manages a varied and broad array of modern pet health brands, offering a wide range of services, including pet insurance, education, and lost pet recovery services across the United States and Canada. This dynamic approach exemplifies the company’s mission to foster pet well-being through innovative solutions.
About Independence American Insurance Company
Independence American Insurance Company (IAIC) specializes in pet insurance underwriting and boasts extensive experience in this vital sector. The company is dedicated to delivering products that cater to a wide spectrum of consumers, employer groups, and various partners. With nearly 50 years of dedicated service in underwriting and a reputation for innovation in pet insurance, IAIC is recognized as a dependable partner in the industry. With an A- (Excellent) rating from A.M. Best & Company Inc., they demonstrate financial stability and a steadfast commitment to their policyholders.
Frequently Asked Questions
What is the role of Gary Levenbach at IPH?
Gary Levenbach serves as the President and Chief Actuary of Independence American Insurance Company, focusing on risk management and financial strategies.
What is Independence Pet Holdings known for?
Independence Pet Holdings is recognized for managing a diverse range of modern pet health brands, offering services such as pet insurance and education.
How does the company support pet care?
The organization is committed to developing innovative insurance products and services that empower pet owners and ensure their pets receive the care they need.
What professional experience does Gary Levenbach have?
Gary Levenbach has over 20 years of experience in the insurance industry, particularly in actuarial roles, and previously worked at Cigna Corporation.
What does A- (Excellent) rating mean for IAIC?
The A- (Excellent) rating from A.M. Best signifies IAIC’s financial stability and reliability as a trusted insurance provider.
