Alvin H. Clemens has served as one of our directors since November 2005, as Executive Chairman of our board of directors since January 2006, as our Chief Executive Officer from December 2006 to March 2008 and as Co-Chairman of our board of directors since March 2008. Since 2001, Mr. Clemens has performed business and insurance industry consulting services in addition to managing his private investments.
In 1998, he founded HealthAxis Inc., a publicly traded company specializing in direct sales of insurance products utilizing the Internet, as a subsidiary of Provident American Corporation. In 1989, Mr. Clemens acquired a controlling interest in Provident American Corporation, an insurance holding company, and he served as its Chairman and Chief Executive Officer until 2001. In 1970, Mr. Clemens founded Academy Insurance Group, a company specializing in direct marketing of life and health insurance products. He currently serves on the board of trustees and the Building, Finance, and Executive Committees of The Pennsylvania State University.
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