Best's Directories of Insurance Professionals

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Best's Directory of Third Party Administrators
Insurance Administrative Solutions, L.L.C.
8545 126th Avenue North, Suite 200
Largo, Florida 33773
Telephone: 727-584-0007
Fax: 727-373-4541
Add'l Phone: 407-472-3905
E-Mail: Info@IASadmin.com
www.IASadmin.com
www.MedigapTPA.com


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Established: 2002
Firm Profile
Insurance Administrative Solutions (IAS) is a recognized leader in the U.S., providing customizable end-to-end administrative solutions to companies in the Life, Health and Annuity industry. With a proven track record of delivering on our commitments, IAS has become one of the largest privately-held Third Party Administrators (TPA) operating in all 51 states. IAS manages both individual and group products and performs functions normally associated with an insurance company’s home office operation.

Our clients and business partnerships can consist of insurance carriers, reinsurers, captives, HMO's, marketing organizations, and actuarial firms. We collaborate to develop new products and improve bottom line results on existing products, and closed or orphan blocks. IAS has extensive experience and is an expert converting closed and active blocks of business. To-date IAS has performed over 20 major in-force block conversions covering hundreds of thousands of policies from legacy systems and other TPA's into our platform.

IAS processes over 5 million claims annually and employs highly skilled insurance professionals using the latest insurance technology to increase efficiency. Our clients achieve rapid entry to new markets, economies of scale, with fixed capital costs to meet their budgets and timelines. IAS' philosophy is to transform the difficulties of administration into a simple and consistent process. Our management approach adopts a long-term perspective that aligns with our clients' needs and is mutually beneficial so all parties can prosper.

IAS is HIPAA, ERISA, Gramm-Leach-Bliley Act (GLB), Office of Foreign Assets Control (OFAC), HITECH, Taft-Hartley and SSAE 16 Type II compliant. Our corporate office is located in Largo, Florida in a 65,000 sq. ft. facility.

Services
  • Third Party Administration
  • Business Process Outsourcing
  • Medicare Supplement / Medigap Third Party Administration
  • Life Insurance Administration
  • Health Insurance Administration
  • New Business & Underwriting
  • Policy Owner Services / Customer Service
  • Premium Billing and Collection
  • Commission Accounting & Processing
  • Agent Services & Portal
  • Claims Processing & Payment
  • Compliance and Regulatory Support
  • Rate Management
  • Insurance and Reinsurance Accounting
  • Insurance and Reinsurance Reporting Services
  • Unclaimed Property Reporting
  • Conversion Specialist
  • Closed / Orphan Blocks
  • Data Feeds Experts
  • Filing of Carrier Blue Book and 1099's
  • Virtual Insurance Company Administration
Insurance Products
  • Individual & Group
  • Medicare Supplement / Medigap (Pre-Standard and Standard)
  • Life Insurance
  • Term Life
  • Whole Life
  • Universal Life
  • Final Expense
  • Burial/Industrial Insurance
  • Fixed Annuities
  • Indexed Annuities
  • AD&D
  • Hospital Indemnity
  • Limited Medical Expense
  • Personal Accident
  • Long Term Care
  • Cancer
  • Critical Illness & Specified Disease
  • Convalescent Care
  • Short Term Disability
  • Other Supplemental Health Products

Personnel Information
President
Randy Samples, President
Tel: 727-584-0007 — E-mail: Randy.Samples@IASadmin.com
Executive Team
Victor Castellanos, Senior Vice President and Chief Marketing Officer
Tel: 407-472-3905 — E-mail: Victor.Castellanos@IASadmin.com
Mark Postove, Senior Vice President, Information Technology
Tel: 727-584-0007 — E-mail: Mark.Postove@IASadmin.com

Related Links
LinkedIn Page
IAS Blog
IAS Videos

Articles
IAS Launches eApplication Platform to Issue Medicare Supplement Policies in as Little as 12 Minutes
Getting Together

Memberships
  • America’s Health Insurance Plans
  • Association of Insurance Compliance Professionals
  • Inter-Company Marketing Group
  • Self Insurance Institute of America