IHI Insurance Services, formerly known as Intercare, is celebrating 10 years of doing business in California.
IHI, a parent holding company specializing in risk management and benefit consulting services for insurance, opened its doors June 10, 1994 in Roseville, Calif. Since then, IHI has grown in recent years as it packaged workers’ compensation solutions that help clients contain costs in an era of rapidly increasing premiums.
“California is one of the toughest states in the nation for companies that do business in the insurance industry, especially for those that focus on the workers’ insurance market,” said Kevin Hamm, CEO of IHI. “Reaching $49 million in revenue, with over 425 employees, in just 10 years is something that few, if any, companies in our market can claim. As such, we definitely have reason to toast this wonderful occasion.”
Reportedly growing at an average rate of 61 percent each year, some of IHI’s clients include the County of Los Angeles, California Insurance Guarantee Association (CIGA) and the Pebble Beach Company.
In observance of its 10-year anniversary, IHI will be hosting employee celebrations at its corporate headquarters in Roseville and at its California regional offices in Sacramento, Fresno, Pasadena,
Salinas, Irvine and San Diego.
According to Mike DiManno, IHI president, the company is also taking steps to become a stronger corporate citizen in Sacramento and other communities it serves.
“We plan to be more involved in the community, supporting business
organizations, sponsoring community events and organizations, and by engaging our employees in volunteer activities, ” DiManno said. “It’s an exciting time for us. We’ve enjoyed success and want to share that success with the community and our employees.”
Intercare Insurance Services is a third party service provider for workers’ comp insurance – services include claims management and
alternative risk transfer programs. InterMed is IHI’s cost containment unit, providing bill review services and managed care and medical equipment to carriers, self-insureds and third party administrators. VIIA Insurance Services is a full service retail brokerage.
For more information, visit IHI Insurance Services on the Web at
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