INSCOR, Inc. Appoints Dynamic Business Leader as New Chief Executive Officer
13 June 2013 - 10:30PM
Marketwired
INSCOR, Inc. (PINKSHEETS: IOGA) is pleased to announce it has
appointed Kenny Andam as its next Chief Executive Officer (CEO).
Andam brings a wealth of business experience to INSCOR, and the
2000 Sydney Olympic game's sprinter has a circle of contacts that
reads like a who's who; including well-known business leaders and
sports professionals. Andam has built a host of successful
companies from the ground up and with his leadership, each of them
have seen success in their industries.
Richard Doerr is stepping down as CEO and will be named COO in
order to focus his strong understanding of INSCOR's insurance
strategies and products on marketing -- namely to municipalities,
businesses and affluent clientele including professional athletes
and entertainers.
Kenny Andam is a business savvy entrepreneur who brings a strong
resume of start-up companies that he's founded, developed and
strengthened to INSCOR's leadership team. Andam started and sits on
the board of several companies in the technology sector,
entertainment industry and direct selling sector.
He is the founder and chairman of the board at WorldVuer Inc.
where he and his team developed proprietary technologies for
communicating bandwidth intensive data across any network. The
company is a market leader in delivering video interactive portals
that create a more engaging online experience for any type
company's consumers and its employees. WorldVuer's goal is to help
companies enrich and solidify their consumer's and employees'
loyalty to their products, services, and their brand.
In addition Andam is the founder and chairman of the board at
Side Equity, an incubation company that funds projects in the
technology, natural resources, and consumables sectors, and
develops them into startup, early stage, and growth stage companies
worldwide. He is also the founder and chairman of the board at
Globa Inc., OS Petro and a host of other companies in the US and
internationally.
Andam says he will use his more than 15 years of building
businesses and developing brands to improve the business model at
INSCOR, and introduce a simplified sales process for its products.
"I am personally excited for this opportunity at INSCOR because the
company has the best interest in mind of the municipalities,
corporations and individuals it serves with its specifically
tailored insurance products. I feel like my years of innovative
marketing coupled with the years of experience our management team
has with the company's products will be the winning combination
that catapults INSCOR as an industry leader."
Being a former athlete and All-American track star at BYU and at
the Summer Olympics in Sydney, Australia in 2000, Andam understands
the appeal in using athletes to market the company's products and
delivering INSCOR's message to the market. He says he knows the
direction that INSCOR needs to take to highlight its products, and
it will be his job to indentify the niche market, build the message
around that market and bring shareholder value to INSCOR.
"I want to bring the appeal of technology to improve the
business model and the sales process at INSCOR, and then bring the
allure of sports and athletes to the table to market our products
to the average guy, and package the INSCOR's brand around
that."
Kenny Andam graduated from BYU in 2000 with two Bachelor of
Science degrees; one in information systems and the other in
economics. The company feels both Andam and Doerr are perfectly
placed in their new leadership roles to enhance the future growth
of INSCOR, Inc.
About INSCOR, Inc.
INSCOR specializes in educating and marketing the FIT OPEB plan
to municipalities and corporations as a low-cost solution to
funding retiree and other employee benefits. A FIT plan variation
also works for affluent individuals, entertainers and professional
athletes -- whether for estate planning or funding cash flow needs.
INSCOR's "FIT" (Financed Insurance Trust) strategy uses a
combination of favorable financing terms, innovative uses of
specific life insurance products and trusts -- all of which result
in minimum levels of out-of-pocket costs for producing significant
future funding and revenue stream opportunities.
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Contact: Richard Doerr COO 702-248-6901
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