A Look at CEO Troy McQuagge’s Career and Awards in the Insurance Industry

In January 2017 One Planet Awards announced the CEO of USHEALTH Group, Inc., Troy McQuagge, was the Gold Winner of their CEO of the Year Award. This prestigious award is a mark of accomplishment as it is a global competition of nominees drawn from every size of a company around the globe. It’s also not just confined to for- profit public companies as nominees are also competing in the world of privately held companies and nonprofits.

When receiving the award, Troy McQuagge said that the award really belonged to the entire team at USHEALTH Group as without their daily efforts and commitment to providing affordable healthcare insurance policies he wouldn’t have won.

This isn’t the only recent award that Mr. McQuagge has earned. In August 2016 he was the Gold Award Winner for the Most Innovative CEO of the Year: Insurance award. This award was handed to Troy at the annual CEO World Awards banquet. He also credited his team for this win while speaking at the awards show, including the captive career agents that USHEALTH Advisors has a network of around the United States.

Troy McQuagge has worked in the field of insurance for over 34 years. He started his career at Allstate Insurance Company where he worked as an insurance agent. In 1995 he advanced his career by joining UICI, which was later acquired by Blackstone Group and renamed HealthMarket.

In 2010, McQuagge came to USHEALTH Group where, do his experience in the field, he was assigned to turn around USHEALTH Advisors which the captive agent distribution network. His work proved tremendously successful and, as a result, he was named the President and Chief Executive Officer of USHEALTH Group in 2014. Since that time the company has been very successful in growth and profitability.

The company that Troy McQuagge leads, USHEALTH Group, provides healthcare insurance policies to self-employed individuals and small business owners. They offer an Essential Health Benefits plan that provides coverage through a PPO network. They also offer specialized healthcare plans that can be customized to fit the customer’s specific needs.

More visit: http://www.ushacareers.com/hope/

How Investment Banking Works

There are several differences between a commercial bank and investment bank. For instance, the investment bank handles with higher financing and assists firms to earn a profit in efforts to accelerate their growth, another difference is that investment bank raises debt for companies through giving of bonds and other financial instruments. In short, this is an organization that assists businesses as well as individuals and government to raise funds through performing the agent role of their client in giving securities.

Investment banking may also consist of acquisitions as well as mergers that are also managed and done by the investment bank acting as an agent for the companies involved. In this case, the investment bank may provide supplementary services such as trading of securities as well as derivatives, market making and transfer of fixed income instruments.

The difference between the retail banking and investment banking is that there are no deposits taken. That has been the case for consumer protection the separation between the two types of banking.

Prior to starting a sale or buy in the securities market, it is important to conduct research to review the firms so that to produce reports showing their prospects in details. There are many professionals in the investment industry who can conduct research, for instance, Martin Lustgarten. He is qualified enough to look into several industries prior to giving a final report for decision making. The research is also aimed at the stakeholders who are outside the bank to give the necessary advice to the potential investors, this goes a long way to preventing bad loss which can lead to a bad reputation for the concerned company.

Martin Lustgarten takes advantage of his citizenship so that he could easily assist several clients in different markets. He is well-recognized professional in financial analysis and has been providing help to the investors in making informed decisions. Dues to his esteem in the investment baking he has been influential in the industry because of his keen eye to give accurate advice and prediction

Lustgarten has the capability of identifying trends due to intelligence. He has been seen as a role model that many investors have gained benefits as a result of his effort, which has also helped him grow wealth. His skills have enabled him to grow a successful portfolio.