Inscor, Inc. Adds Public Relations Professional to Its Sports Division
19 Novembro 2013 - 11:30AM
Marketwired
Inscor, Inc. Adds Public Relations Professional to Its Sports
Division
LAS VEGAS, NV--(Marketwired - Nov 19, 2013) - Inscor, Inc.
(PINKSHEETS: IOGA) CEO, Kenny Andam, has added another professional
to the company's newly formed sports division. The CEO
announced today that Phil Sloan has joined sports division
President, John Salley, to market and generate sales of the
company's Financed Insurance Trust (FIT) plan.
Phil Sloan, a graduate of Harvard University, has spent the past
7 years in the public relations industry with top firms in both New
York and Boston. Sloan learned the industry, creative
marketing, sales and created client relationships from the world of
professional sports while working with Hill & Knowlton, one of
the oldest and most prestigious New York-based public relations
firms, and at the firms Mullen and Arnold Worldwide, Boston's
largest advertising and public relations agencies.
The chairman of the company, Keith McAllister, stated that he
was excited about the growth and progress of Inscor. His confidence
in bringing on board the CEO of the company is bearing fruit and
attracting the right leadership that the company needs to manage
the growth that it is expecting to achieve. Both Andam and
McAllister are looking forward to Phil Sloan joining the Inscor
team with his vast experience in the field of sports and
entertainment.
The goal of the sports division is to present the company's FIT
plan to professional athletes and high net worth
individuals. Sloan's experience includes working in
professional sports management circles and the media development
sector for globally recognized athletes. He will work directly
with 4-time NBA champion John Salley to build the brand through the
development and implementation of a savvy, cost efficient marketing
plan, while at the same time both men will tap into existing
relationships with professional athletes.
Andam says that since naming John Salley as President of the
division, Inscor has been diligently searching to find a major
professional public relations and media marketing expert with a
sports background to join its executive team. "John Salley's
successes in sports and in the business world required Inscor to
bring him the right talent to support his efforts in the building
of a formidable team to develop the FIT market for professional
athletes and high net worth individuals."
Inscor has designed a FIT plan to act as a vehicle in the
defense of an individual's ability to maintain his/her high net
worth. A FIT plan is a life insurance strategy that finances
the cost of a permanent life insurance policy through major lending
institutions. Policy cash values provide collateral and are
later used, in part, to retire the loan including principal and
interest.
Under Inscor's plan the policy holder's assets remain in place
and are not used to pay insurance premiums. High net worth
individuals and companies have used premium financing for
purchasing life insurance for about 20 years, and the strategy has
developed over the years to become the preferred vehicle for large
purchases of life insurance among qualifying affluent individuals
and companies.
In many cases, depending on age and insurability, FIT plans can
be designed with little or no out-of-pocket expense. The plans
provide assurances that an individual's wealth has been protected
without the need to liquidate assets to pay insurance
premiums. Financing costs are minimized through secured
lending sources backed primarily by policy cash values.
About INSCOR, Inc. INSCOR, Inc. specializes in the creation and
implementation of flexible and effective insurance solutions for
organizations serving as many as tens of millions of members across
the globe. In the U.S., the Company markets its FIT OPEB
plan to municipalities and corporations as a low-cost solution to
funding retiree and other employee benefits. A Financed Insurance
Trust plan variation also works for affluent individuals,
entertainers and professional athletes -- whether for estate
planning or funding cash flow needs. INSCOR's 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. For more
information: www.ins-cor.com.
Contact: Stock Market Media Group Email Contact
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