NEW YORK, NY--(Marketwired - Oct 21, 2013) - Last week Inscor, Inc. (PINKSHEETS: IOGA) made two interesting announcements. The first was that the company had created a sports division, and the other was that the 4-time NBA Champ John Salley would be heading up the division as its president. It appears to be another brilliant move by executives at Inscor who are clearly laying the foundation for a strong 2014.
Inscor has used 2013 to build a team capable of carrying the company into the future and it looks to be ready to go full steam ahead with a number of insurance products that, if marketed properly, can make a real difference. One of those products is a Financed Insurance Trust (FIT) plan that the company has tailored to meet the needs of high net worth individuals whether it be a professional athlete or an entertainer. It will be this product that will be marketed and sold from the newly formed sports division.
Enter John Salley who played 15 years in the NBA winning 4 championships with 3 different teams, he has acted in a number of big Hollywood films including Bad Boys 1 & 2, and he's hosted a number of awards shows as well as serve as a co-host for 7 years on the Emmy nominated, "The Best Damn Sports Show Period" on Fox Sports Net.
John Salley knows more than his fair share of high net worth individuals in the sports and entertainment world, and anyone who has seen him in an interview or on television can attest to his charisma and likeability. If anyone can market Inscor's FIT plan to athletes and high net worth individuals, it's John Salley.
When Inscor named Kenny Andam as its new CEO this past summer, it was a great move for a number of reasons. The most obvious was it brought another business mind into the company.
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