FRESNO, CA - 02/26/2017 (PRESS RELEASE JET)
Iyer Health founded by krishen Iyer and run by Raymond Giudici sells business as part of a buyout for a larger company's future growth plan for distribution .Raymond Giudici says they plan to launch a new company in 2017 as they transition in the next few months. Krishen Iyer was the founder of a past insurance brokerage that made the 2015 inc 5000 fastest growing companies. Iyer Health has submitted applications to Inc 5000 for approval. This company like Iyer's former company NPM insurance ranks within the fastest growing companies. This is a representation of the new health insurance opportunities in the space. Iyer Plans to launch a new company in 2017. More insurance distribution centers are growing in the insurance space. What started with call centers in the Affordable Care Act days has transformed to the new normal. The current CEO Raymond Giudci says "Much like shopping on amazon, insurance policies are now bought online".
Krishen Iyer Sells Iyer Health. The Insurance deal which started in 2015 finalized in late 2016. Iyer is planning to invest in other insurance related ventures in 2017. As the insurance industry continues to go through changes so does the distribution channels. We have been told to expect more consolidation in the near future. Iyer stated that he is interested in the marketing side of the industry and will follow that more closely. " I continue to be amazed by the changes in the health insurance industry . It is much different than it was 12 years ago and even a year ago for that matter. I think the opportunity is in the marketing side now." Most of the insurance based call centers rely heavy on marketing channels which Iyer thinks will be at the forfront of their ongoing plan for distribution of health insurance plans. It is apparent that insurance based platforms for leads are just as important as the call centers themselves. Investing heavy in marketing and advertising seems to be the way to be at the top of the heap when it comes to the health insurance distribution.
Press release by -Stephanie Martin -Insurance News
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