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Last updated: 1 December 2021 at 5:05pm EST

Gary Balzofiore Net Worth




The estimated Net Worth of Gary Balzofiore is at least $2.87 Million dollars as of 29 November 2021. Mr. Balzofiore owns over 10,000 units of Independence Co stock worth over $2,301,608 and over the last 3 years he sold IHC stock worth over $0. In addition, he makes $567,306 as Senior Vice President Specialty Health Operations at Independence Co.

Mr. Balzofiore IHC stock SEC Form 4 insiders trading

Gary has made over 1 trades of the Independence Co stock since 2021, according to the Form 4 filled with the SEC. Most recently he exercised 10,000 units of IHC stock worth $199,500 on 29 November 2021.

The largest trade he's ever made was exercising 10,000 units of Independence Co stock on 29 November 2021 worth over $199,500. On average, Gary trades about 10,000 units every 0 days since 2021. As of 29 November 2021 he still owns at least 40,372 units of Independence Co stock.

You can see the complete history of Mr. Balzofiore stock trades at the bottom of the page.





Gary Balzofiore biography

Gary J. Balzofiore serves as Senior Vice President Specialty Health Operations of the Company. Corporate Vice President – Accounting and Finance of IHC; from March 2012 until August 2016, Corporate Vice President – Accounting and Finance of American Independence Corp. (“AMIC”), formerly a public company traded on Nasdaq and majority-owned subsidiary of IHC that was merged out of existence on August 31, 2016; since March 2016, President of Standard Security Life Insurance Company of New York, a wholly owned subsidiary of IHC (“Standard Security Life”); for more than the past five years until March 2016, Executive Vice President and Chief Financial Officer of Standard Security Life; for more than the past five years, Chief Financial Officer and Senior Vice President of Independence American Insurance Company (“Independence American”), an indirect wholly owned subsidiary of IHC.

What is the salary of Gary Balzofiore?

As the Senior Vice President Specialty Health Operations of Independence Co, the total compensation of Gary Balzofiore at Independence Co is $567,306. There are 6 executives at Independence Co getting paid more, with Roy Thung having the highest compensation of $3,241,260.



How old is Gary Balzofiore?

Gary Balzofiore is 62, he's been the Senior Vice President Specialty Health Operations of Independence Co since 2019. There are 8 older and 5 younger executives at Independence Co. The oldest executive at Independence Holding Co. is Ronald Simon, 81, who is the Independent Director.

What's Gary Balzofiore's mailing address?

Gary's mailing address filed with the SEC is 96, Cummings Point Road, Dolphin Cove, Stamford, Fairfield County, Connecticut, 06902, United States.

Insiders trading at Independence Co

Over the last 20 years, insiders at Independence Co have traded over $4,319,184 worth of Independence Co stock and bought 409,761 units worth $4,540,860 . The most active insiders traders include Roy T K Thung, Adam C Vandervoort, and Steven B Lapin. On average, Independence Co executives and independent directors trade stock every 37 days with the average trade being worth of $715,590. The most recent stock trade was executed by Teresa A Herbert on 5 December 2021, trading 70,034 units of IHC stock currently worth $2,243,189.



What does Independence Co do?

Independence Holding Company, formed in 1980, is a holding company that is principally engaged in underwriting, administering and/or distributing group and individual specialty benefit products, including disability, supplemental health, pet, and group life insurance through its subsidiaries (Independence Holding Company and its subsidiaries collectively referred to as 'The IHC Group'). The IHC Group consists of three insurance companies (Standard Security Life Insurance Company of New York, Madison National Life Insurance Company, Inc. and Independence American Insurance Company). Company also owns the following agencies: (i) PetPartners, Inc.; (ii) IHC Specialty Benefits, Inc., a technology-driven full-service marketing and distribution company that focuses on small employer and individual consumer products through its call center, career agents, and Independence Brokerage Group; and (iii) The INSX Cloud Platform through My1HR, company's wholly owned Web Based Entity. Its InsureTech division is comprised of company's call centers, field and career agents, in-house MarTech artificial intelligence capabilities and domains, including www.healthedeals.com; www.healthinsurance.org; www.medicareresources.org; www.petplace.com; and www.mypetinsurance.com.



What does Independence Co's logo look like?

Independence Holding Co. logo

Complete history of Mr. Balzofiore stock trades at Independence Co

Date
#
Company
 Insider
Trans.
Transaction
 Shares Price per share Total value Shares after Source
29 Nov 2021 IHC Independence Holding Co. Gary Balzofiore
SVP - Specialty Health Ops
 Option 10,000 $19.95 $199,500
29 Nov 2021
40,372 ↗


Independence Co executives and stock owners

Independence Co executives and other stock owners filed with the SEC include: