Zenith American Solutions
Zenith’s partnership with Water Street began in 2008 when it was a business division of HealthPlan Holdings. Over the next nine years, Water Street transformed Zenith into a standalone company and recognized industry leader. Working with leadership, we completed five acquisitions, including an industry-leading merger, to expand Zenith’s client base and national footprint. We invested in a state-of-the-art information technology platform. We supported the company’s development of six new products to enhance its customer offering. During our nine-year collaboration, Zenith more than doubled its customer base and tripled its employee base. When we divested Zenith to its new owner in 2017, the company had grown to become the nation’s largest independent third-party administrator of health and other benefits to Taft-Hartley trust funds.
President & CEOWork with us
The leader of the Zenith American Solutions family of companies, Art Schultz has spent more than 30 years in the insurance and managed care industry. He joined Consolidated Group (CGT) in 1986 and served in various capacities prior to his promotion to executive vice president and COO in 1992. One of the largest third-party administrators, CGT was acquired in 1996 by HealthPlan Services, where Art served as COO from 2001 to 2011. In 2011, Art was promoted to the position of president & CEO of Zenith American, a division of HealthPlan Holdings, and is responsible for the largest Taft-Hartley administration in the industry. As CEO, Art is proud to oversee Zenith American in providing superior service and solutions to nearly 2 million plan participants.