UPDATED June 7, 2017
Troy McQuagge has been a visionary and innovator in the U.S. insurance industry for more than three decades now. As the President and CEO of USHEALTH Advisors, McQuagge maintains one of the most prominent positions in the industry and is responsible for the impressive growth of the company during his last seven years of leadership. He also serves as a member of the Board of Directors of the company and is also an executive of Freedom Life Insurance Company of America, one of the major subsidiaries of USHEALTH Advisors.
Ever since McQuagge graduated from Central Florida in 1983, he has displayed an uncanny drive to become the best version of himself possible. He has always taken a proactive approach to advancing his career and finding new ways to excel in whatever industry he chose. Insurance quickly became McQuagge’s true passion after he accepted a position with the Allstate Insurance Company that same year. He has never looked back since and has proven himself more than capable of dominating the insurance industry in exciting ways.
One of the reasons that McQuagge is so well-respected in his position as the leader of the company is that he has such a diverse background in insurance. McQuagge has worn many different hats in his role as the leader of USHEALTH Advisors as well as other large insurance companies. This allows McQuagge to have a more holistic perspective on what is required for the company to continue to be successful for years to come. The sheer number of years that McQuagge has studied the industry also allows him to quickly and accurately assess current trends so that the company is in the best position possible to take advantage of whatever changes arise in the insurance markets. This continues to be one of the driving forces behind the company’s ability to outlast and outrank many of its competitors in terms of profitability and market share.
Since 2010, USHEALTH Advisors has grown to 10 times its previous level. What makes this accomplishment even more significant is that McQuagge was able to contribute to the rapid growth of the company during some of the most restrictive economic times in the past several decades. While other companies in the industry looked for ways to downsize and reduce their overall risk exposure during these difficult economic times, McQuagge continued to be dogged in his pursuit of the next path for growth and development. This steadfast and tenacious approach more than paid off for McQuagge and USHEALTH Advisors in the long run.
In recognition of McQuagge’s remarkable success in the insurance industry, he was awarded one of the gold awards in 2016 from CEO World Awards for the category Most Innovative CEO of the Year: Insurance. Although McQuagge has been praised for decades within the insurance industry as a top executive, the CEO World Awards were a particularly prestigious honor because they include all sizes of companies from many different industries around the globe. This remains a source of personal pride for McQuagge because he has always strived to seek out new opportunities for growth in unconventional ways in the insurance industry. However, McQuagge is always quick to credit his peers at USHEALTH Advisors as well as his employees for the overall success of the company. One of the things that his teammates and employees are quick to say about McQuagge is that he never shies away from an opportunity to recognize his employees for excellence and has maintained his humble and grateful attitude no matter how much success he achieves in his personal and professional life.
Although McQuagge has the unique ability to identify and harness current trends in the insurance industry as chances for growth, he has also had phenomenal success in narrowing his focus to a niche market. For example, much of his success at USHEALTH Advisors was driven by his specialization in marketing health insurance products primarily to potential clients under the age of 65. He dug in and taught himself everything that could be useful in targeting this specific demographic and employed that knowledge and his innate determination to boost the company’s sales to an unprecedented level. McQuagge is known throughout USHEALTH Advisors for his willingness to pass along this knowledge and experience to the next generation of leaders within the company. He is considered a mentor and cheerleader for many of the younger employees and seems to genuinely enjoy teaching his craft so that the company can continue to grow beyond his legacy.
McQuagge could easily have focused solely on the numbers in leading USHEALTH Advisors to the top of the field. However, he has been a driving force behind the company’s focus on social responsibility and giving back to the community. McQuagge consistently encourages his employees to find ways to improve their local communities and participate in causes that are worthwhile to them. He also instills a commitment to personal customer service in all interactions, which has filtered down to all levels of the company. This is why USHEALTH Advisors continues to receive rave customer reviews and has such a loyal base of clients. No matter how fast the company grows or how many new clients it serves, McQuagge has established a lasting culture of prioritizing customer service and taking care of each client just like family. This has also helped set him apart from his peers during all stages of his career.