Inventor and insurance industry professional Seth Koppes is the founder and chief executive officer of Bankcorp Services. The firm provides Bank-Owned Life Insurance (BOLI) and stable value protected fund solutions, as well as structures and systems, to large financial institutions and Fortune 500 companies. Since its inception in 1993, the company has earned three patents for solutions that ease BOLI provision and support adoption and compatibility with existing systems. The patented inventions by Seth Koppes include systems and methods for tracking and creating life insurance policies in separate accounts, tracking the policy value after termination, and tracking restrictions on premiums on an individual basis.
Besides work, Seth Koppes devotes his time to various pursuits. As an ardent coffee fan, he prefers to roast his beans alongside a drip system for brewing. Mr. Koppes also enjoys swimming, sailing, and paddling. His love for the water spurred his venture into canoe construction, from one-person to six-person variants. The canoes are used by the Hawaii-based Olamau Foundation, a Hawaiian and Polynesian culture education and promotion organization with a primary focus on canoe racing. The competitors, who come from as far away as the Pacific Northwest, Tahiti, and southern California to race in the foundation’s premier event, cover more than 90 miles over three days.