Insights

Strategic Focus Independent third-party administrator owned by Wellmark BCBS, serving over 100,000 members with a broad network access including an extensive proprietary network, suggesting opportunities to upsell enhanced provider access, national reach capabilities, and bundled services to existing Wellmark clients or regional prospects seeking expanded networks.

Scale Opportunity Mid-sized insurer-administrator with 11-50 employees and $100M-$250M in revenue presents a sweet spot for high-touch, mid-market benefits administration solutions, offering potential for streamlined operations, improved service levels, and scalable technology deployments for growth-oriented employers.

Network Differentiation Unique claim that First Administrators offers networks no other TPA in Iowa or South Dakota can provide, including SelectFirst, indicating a sales angle around exclusive network access, vendor negotiation leverage, and customized benefits designs.

Growth Potential Proximity to large national payers and similar firms with multi-billion revenue bands suggests opportunity to position advanced administration capabilities, analytics, and reporting to attract organizations aiming for better cost control and member experience.

Partnership Leverage As a Wellmark-owned entity, there is potential to partner on co-branded offerings, integrated solutions, and strategic referrals within the Wellmark ecosystem to accelerate client acquisition and cross-sell opportunities.

First Administrators, Inc.'s Email Address Formats

First Administrators, Inc. uses at least 1 format(s):
First Administrators, Inc. Email FormatsExamplePercentage
First.Last@firstadministrators.comJohn.Doe@firstadministrators.com
100%

Frequently Asked Questions

What is First Administrators, Inc.'s NAICS code?

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First Administrators, Inc.'s NAICS code is 524 - Insurance Carriers and Related Activities.

How many employees does First Administrators, Inc. have currently?

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As of July 2026, First Administrators, Inc. has approximately 35 employees across 1 continents, including North America. Key team members include Sr Client Services Specialist: J. H.Claims Examiner: J. C.Group Benefits System Administrator: B. B.. Explore First Administrators, Inc.'s employee directory with LeadIQ.

What industry does First Administrators, Inc. belong to?

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First Administrators, Inc. operates in the Insurance industry.

What is First Administrators, Inc.'s email format?

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First Administrators, Inc.'s email format typically follows the pattern of First.Last@firstadministrators.com. Find more First Administrators, Inc. email formats with LeadIQ.
First Administrators, Inc. logo

First Administrators, Inc.

InsuranceIowa, United States11-50 Employees

First Administrators, Inc. operates as a third-party benefits administrator within the insurance sector. Based in Des Moines, Iowa, the company is owned by Wellmark BCBS and focuses on helping clients deliver appropriate benefit options to their employees. It emphasizes flexibility and access to a wide network of providers, along with a commitment to high-quality service for its clients. The organization maintains an extensive proprietary network and positions its offerings with a Midwest orientation and national reach through its SelectFirst network. The firm serves more than 100,000 members.

Its customers are employers seeking effective benefits administration and tailored provider access. The company emphasizes access to networks and vendors not available to other TPAs in Iowa or South Dakota, supported by its proprietary SelectFirst network. Located in Des Moines, the firm operates with a small to mid-sized team and positions itself as a regional player within the insurance sector with national reach.

Section iconCompany Overview

NAICS Code
524 - Insurance Carriers and Related Activities
Employees
11-50

Section iconFunding & Financials

  • $100M$250M

    First Administrators, Inc.'s revenue is estimated to be in the range of $100M$250M

Section iconFunding & Financials

  • $100M$250M

    First Administrators, Inc.'s revenue is estimated to be in the range of $100M$250M

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