The estimated Net Worth of Steven B Lapin is at least $24.3 Milhão dollars as of 12 June 2007. Mr. Lapin owns over 350,000 units of Independence Co stock worth over $23,982,112 and over the last 20 years he sold IHC stock worth over $0. In addition, he makes $328,395 as Vice Chairman of the Board at Independence Co.
Steven has made over 5 trades of the Independence Co stock since 2004, according to the Form 4 filled with the SEC. Most recently he exercised 350,000 units of IHC stock worth $1,204,000 on 12 June 2007.
The largest trade he's ever made was exercising 350,000 units of Independence Co stock on 12 June 2007 worth over $1,204,000. On average, Steven trades about 50,682 units every 130 days since 2004. As of 12 June 2007 he still owns at least 420,665 units of Independence Co stock.
You can see the complete history of Mr. Lapin stock trades at the bottom of the page.
Steven B. Lapin serves as Vice Chairman of the Board of the Company. For more than the past five years, Vice Chairman of the Board of Directors of IHC; for more than the past five years, Chairman, Chief Executive Officer, President and a director of GHI; for more than the past five years, Chairman, Chief Executive Officer, President and a director of Geneve; for more than five years prior to August 2016, a director of AMIC; for more than the five years prior to November 2018, a director of Madison National Life; for more than the five years prior to October 2018, a director of Standard Security Life.
As the Vice Chairman of the Board of Independence Co, the total compensation of Steven Lapin at Independence Co is $328,395. There are 8 executives at Independence Co getting paid more, with Roy Thung having the highest compensation of $3,241,260.
Steven Lapin is 74, he's been the Vice Chairman of the Board of Independence Co since 1999. There are 5 older and 8 younger executives at Independence Co. The oldest executive at Independence Holding Co. is Ronald Simon, 81, who is the Independent Director.
Steven's mailing address filed with the SEC is 96 CUMMINGS POINT ROAD, , STAMFORD, CT, 06902.
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, eSteven 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.
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.
Independence Co executives and other stock owners filed with the SEC include: