DECEMBER 12, 2019 — Level Funded Health – a major disruptor in the insurance industry because it uses tech to save mid-market businesses millions of dollars per year on health insurance – has named former Director of the Illinois Department of Insurance Andrew Boron as a member of its advisory board. “Andrew’s background and expertise in insurance regulation and compliance is second to none. This addition will insure our organization is ahead of the curve and in full compliance with all of the various regulations given the exponential growth of our company,“ says LevelFunded Health CEO Russ Carpel.
Andrew Boron is a co-Founder and Chief Executive Officer of Illinois based Insureforce and continues to serve as a board member of United Insurance Company, Avance Health, Victory Park Capital Insurance Services and Kin Interinsurance Network. Andrew has a wealth of insurance experience – having previously been appointed Director of the Illinois Department of Insurance by the Governor of Illinois. He was confirmed by the State Senate twice to the cabinet level post - regulating more than 1800 insurance companies and managing an agency with a $53 million budget and 260 employees.
“The opportunity to disrupt the health insurance market is beyond appealing,” Mr. Boron says of joining Level Funded Health. “The level of transparency LevelFunded Health has created will serve small and mid-sized businesses and its’ employees very well and I am thrilled to be a part of it.”
Level Funded Health is a national, tech-enabled commercial health insurance distribution platform focused on level and self-insured benefit programs for middle market employer groups nationwide. LFH immediately saves mid-market businesses anywhere from $100,000 to $2 million plus per year on health insurance costs, while simultaneously improving employee benefits, EBITDA, debt ratios and exit valuations. LFH works with over 60 A-rated (AM BEST) national insurance carriers (medical stop loss & fully insured) to commoditize the commercial medical benefits sector nationwide.
Find more at www.levelfunded.com and to arrange interviews please contact Russ Carpel at 312.719.9028.