Troy McQuagge is a leading insurance expert who currently works for US HEALTH Group. He has built a great career record by always turning around, companies that he has worked for, for the better. That is why, he is one of the most respected professionals within the insurance industry. Mainly, because of his ability to develop winning strategies and also because of his track record for improving sales and increasing the share prices of the companies that he has worked with in the past.
His story begins like that of many other successful men. It can be traced back to the years when he was in college. He studied at the Central University of Florida and graduated in the year 1983, with a bachelor’s degree in Arts. His excellent academic performance enabled him to acquire a job the same year he completed college. Troy McQuagge not being a regular student was able to convince AllState Insurance Company, that they would not be disappointed by having him as part of their team. And, it came to be that he exceeded the expectation of his bosses and recorded a remarkable performance track record.
Two years into his job at AllState, he was admitted by the student body of United Insurance Companies Inc. (UICI). He knew that this was a great opportunity to build the career that he had always envisioned for himself and, therefore, did not waste it. Instead, he worked as hard and smart as he could and within no time his efforts started to pay off. In the year 1997, he was named president of UGA, an agency that was owned by UICI. At that point, his bosses had seen what he could do and were putting their trust in him. And, like always, McQuagge did not disappoint.
Under his leadership, United Insurance Companies grew their revenues by over $750 million. Also, he was able to appreciate the prices of the company shares, from about $2 to over $50. To achieve this, McQUagge had to work tirelessly. He also had to build strong teams that would help him achieve the goals that he envisioned for the company.
In the year 2006, UICI was acquired private investors who renamed the company to Health Markets Group (HM). After acquiring the company, they did not let McQuagge go. They had already had about his excellence and were not going to lose. However, they did not immediately leave him in charge of the company. Instead, they gave him a lower leadership role where he would prove himself- he was appointed the general sales manager of the company. At this position, he would be in charge of overseeing all the sales of the company.
At the sales manager level, McQuagge did not feel frustrated. Rather, he felt challenged to prove to his bosses that he deserved more responsibilities. And, he did a very good job at that. The following year he was named president of the company. Troy McQuagge was president of HM for three years before deciding to exit in the year 2010.
The same year he left Health Markets, he was employed by the US HEALTH Group. His extensive knowledge industry, great reputation and solid education background had earned him a position at one of the best insurance companies in North America. This was quite a breakthrough for McQuagge’s and was determined to capitalize on it as best as he could.
McQuagge continued with his trend of superseding the expectation of his bosses and this paid off three years later. In the year 2013, he was named the executive Vice President of the US HEALTH Group. Also, he was named the Chief Marketing Officer. But, being the unstoppable man that he is, a year later he was promoted to succeed Ben Cutler as the CEO of the company.
Working for the US HEALTH Group, McQUagge has made so many achievements, not only for the company, but also for himself. He has grown the company 10 times, from when he joined the company. Also, he has been instrumental in the 1093% growth in share prices of the company. Additionally, he has been recognized by two awards for being a leading CEO to watch and emulate. He was the gold award winner at the CEO World Awards, where he was honored for performance as a CEO.
About US HEALTH Group
The US HEALTH Group is a leading insurance holding company that is based in Fort Worth, Texas. The company focuses at proving innovative insurance packages to their clients who are mostly small businesses and their employees, families and self-employed people. Their products include accidents insurance, end renal diseases’ insurance, life and health insurance.
To give them a competitive edge, the US HEALTH Group strives to provide customized products. This is by putting into consideration that different individuals and businesses are working with different budgets, insurance needs and preferences. As a result, they boast of having served over 15 million customers in the more than 5 decades that the company has been in existence.
Other than customization, US HEALTH Group is able to place itself at a competitive position by offering great customer service. In fact, it was recognized among the top 50 North America Call Center, in the year 2013. Also, the company has been recognized by the Better Business Bureau for having great customer services and as a result received an A+ grade.