INSCOR, Inc. Appoints Dynamic Business Leader as New Chief Executive Officer
LAS VEGAS, NV -- (Marketwired) -- 06/13/13 -- 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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