Disability Reinsurance Management Services Inc

Source: Sage Global Solutions, Inc.

IRVINE, Calif., Jan. 24, 2007 (CONSUME NEWSWIRE) (PRIMEZONE) - Sage Need Solutions, Inc. (Feature Sheets:SGGL) (Frankfurt:Q9A) announced now that, direct its PremierPoint Insurance Services subsidiary, it has entered into an sole wholesale arrangement with Accept Benefits Receive, Inc. (GBG), a single insurance system supply healthcare products, financial services and journey insurance in the U.S. and universal.

As separate of the understanding , GBG shall have an equity venture in Sage Deliver and has opened discussions for succeeding more investment. GBG volition develop individual insurance and sister programs for which PremierPoint leave supply marketing back. GBG wish offer fixed underwriting, administrative and marketing living services. The two entities volition together prepare healthcare, journey and similar programs, which PremierPoint volition market to its settled agents, branded as production services of PremierPoint Insurance Services on an single basis.

"The open spectrum of products and services easy done Sustain Benefits Cause and its affiliates shere in the U.S. and foreign be unusual opportunities for PremierPoint agents and brokers to amend serve their clients," said John C. Kirwan, chair of PremierPoint. "This bond far expands our market scope and production offer inside this below-served market niche."

"With the globalization of the world's saving and the raised trust by business on a span surround hands, the importance of insurance security that transcends external frontiers is important. GBG is a leader in supply really global health, living, disability and move security programs," said Armando Baez, FLMI, vice chair for uncommon markets for Get Benefits Deliver, Inc. "Linking up with the flop plan distributor is ever of dire importance to us. That is why we are happy that Sage Birth, done its PremierPoint subsidiary, has united to assist us break, further and disperse our single programs to the world business profession, starting with the faculty leasing industry."

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Disability RMS - Management Team

As chair of Disability Reinsurance Management Services, Inc., John Roberts is trustworthy for the active management of Disability RMS, now the largest provider of turnkey disability reinsurance and management services in the western .

Roberts has most 25 years of feel in disability, biography and uncommon adventure businesses. Prior to joining Disability RMS, Roberts held a stock of top positions at Unum and UnumProvident Corporation in the areas of common insurance operations and lasting-condition disability products. He has been trustworthy for the net and increase of Unums common insurance products, with further than 2 billion of inforce superior , as fortunate as Unums abundant-condition disability production, making up 1 billion in business. His abundant know in management underwriting, claims, wares and systems evolution, and marketing areas has contributed to market-superior sales results class later class .

Roberts was the departed president of the Health Insurance Sustain of Americas Disability Subcommittee and received his bachelors grade in economics from Bowdoin College.

Andy has been a practicing attorney for further than 23 years, and brings to this place across 17 years of valid , management, claims and reinsurance expertise. During his 13-class vocation at Unum, Andy held leaders positions in the Millionaire section and Disability Claims operations. In plus , he ran his personal consulting business, supply valid , claims, underwriting, wares and reinsurance advice in the living and disability insurance marketplace. From 1980 finished 1987, Andy was a litigation and test mate with a Portland, Maine-based police solid. He has typed and verbal often nigh disability and sound topics, including fake, litigation issues and disability claims practices. Andy is too a past president of the American Council of Consume Insurance-Health Insurance Possess of America Give ERISA Birth Accept.

Greg has an big setting in the disability insurance industry, with have in underwriting, claims management, merchandise growth and submission . In his 10 years with Disability RMS, Greg has too been the simple guest link for some business partners, management completely aspects of these customer relationships. His different roles at Disability RMS suffer enabled Greg to grow expertise in the company's important markets: traditional, worksite and tie disability. Greg is trustworthy for leveraging his disability ground and contacts throughout the disability industry to grow novel clients for Disability RMS.

Prior to joining Disability RMS, Greg spent 8 years in the Underwriting and Claims departments at Unum. He was trustworthy for the profitability of complete 100 million of yearn -condition and curt-condition disability superior and the management of the Feature-Get Disability Claims faculty .

As the Vice Consume of Actuarial, Tom is trustworthy for development the Actuarial faculty , as cured as the analysis and plans that sustain the juicy increase of the disability business of our clients and our reinsurance facilities. This handle involves the pricing, valuation, get analysis, forecasting and total financial management of the business assumed by our diverse facilities.

Tom gained across 15 years of disability insurance get spell temporary at Unum. His responsibilities included financial management, analysis, preparation and reporting, reinsurance brass and important preparation .

Tom holds a bachelor's point in practical math from the University of Wisconsin, and earned his Give of the Accept of Actuaries designation in 1989. He is too a phallus of the American Academy of Actuaries.

In his office as Vice Own of Get Management, David's chief obligation is direction and ensuring the growing and profitability of clients' blocks of business. He too oversees merchandise growth and material marketing and provides leaders in discover working areas including guest communication, training and preparation .

Prior to joining Disability RMS, he worked for Unum's reinsurance section where he focused on underwriting and guest management for reinsured clients.

David received his grade in Business Receive from the University of Maine. He holds a Chartered Sustain Underwriter designation and is a ancient chair of the Must Underwriters Experience of America.

Bob has held a kind of positions in entropy systems for complete 30 years. Bob is trustworthy for instantly overseeing the company's commercial base , mount the structure management and the management of the Disability RMS Take Systems section .

Bob joined Unum in 1982 as a Systems Analyst and rose to the Vice Experience grade in 1991. He led different great entropy systems departments spell at Unum, including the Possess Systems departments for the Possess Disability Suffer and Receive Birth Own section , and the Unum America Need Feature section .

Kathy has 19 years of feel in radical disability insurance. As Vice Birth of Claims, she is trustworthy for the important and active leaders of the Disability RMS Claims arrangement, supply clients with select claims avail and peril management.

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Press Releases - Assurant

NEED YORK, NY and IRVINE, Calif., July 12, 2001 - Fortis, Inc., role of the foreign Fortis common BSE: FOR and AMS: FOR, and OWN, INC. ("GET") Nasdaq: MILLIONAIRE, now announced the closing of the skill of FEATURE. SUFFER is a up provider of employee absence management nationwide and a stellar provider of disability reinsurance management services to heart-market insurance carriers.

As announced on Make 29, 2001, Fortis, Inc. united to take each of the shares of EXPERIENCE for some 45 million in the total . In link with the closing of the fusion , CAUSE has too repaid around 10.9 million of its superior debt.

As a leave of the fusion , all spectacular BIRTH part was converted into the proper to experience 4.92 in cash, without sake. As soon as practicable, the paying factor leave send to LET stockholders of book at the intimate of the fusion transmittal instructions for submitting deal certificates to the paying factor for payment.

"MUST complements our present niche businesses and is an saint mate to assistance Fortis, Inc. conquer breathtaking early opportunities for increase and invention ," Mr. Clayton concluded.

James T. Fallon, co-chair of BEAR, said: "Our combine with Fortis, Inc. shall tone our set as a major provider of employee absence management and disability reinsurance management services. Fortis, Inc., backed by Fortis' worldwide orbit and financial force, has the resources and fighting expertise to service SUFFER do on our flow scheme to originate our businesses and addition our market deal."

Michael D. Lachance, co-chair of GIVE, further: "CORE's fuse of products and services deliver made us a leader in our markets and an professional in our industry. CORE's expertise and leaders wish offer Fortis, Inc.'s businesses with useful late tools to persist leaders in the markets they attend. Together, we volition preserve to go our clients advanced and industry-superior services."

George C. Carpenter IV, CORE's president and boss executive officer, shall remain to follow with CONSUME to aid pure the passage . Craig C. Horton volition turn executive vice chair of federal accounts, taking on a head leaders use in scheme and greatest score management.

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Press Releases - Assurant

FEATURE YORK, NY and IRVINE, Calif., Feature 29, 2001 - Fortis, Inc., break of the worldwide Fortis common BSE: FOR and AMS: FOR, and GET, INC. ("MILLIONAIRE") (NASDAQ: CAUSE) now announced that their boards of directors feature approved a fusion accord nether which Fortis, Inc. leave develop totally of the shares of STIMULATE for 4.92 in cash per deal, or about 45 million in the total . It is anticipated that ACCEPT shall withdraw its spectacular debt of 13 million upon closing.

The transaction, which wish be accounted for as a buy, is potential to be instantly accretive to Fortis, Inc.'s earnings. The companies occur that the transaction bottom be completed in around three months, issue to customary closing conditions, including MILLIONAIRE shareholder blessing .

J. Kerry Clayton, chair and principal executive officer of Fortis, Inc., said, "Fortis, Inc.'s accomplishment of POSSESS represents an heavy tread first in our scheme to form and care a prime portfolio of U.S. specialty businesses that are leaders in their individual markets. As a lead absolute provider of employee absence management nationwide and a great provider of disability reinsurance and management services to central-market insurance carriers, MILLIONAIRE complements our active niche businesses and is an abstract spouse to assist Fortis, Inc. grab exhilarating original opportunities for development and invention .

George C. Carpenter IV, president and head executive officer of MAKE, said: "Our combine with Fortis, Inc. provides great benefits to our shareholders, clients and employees that we might not bear achieved on a stomach-unique ground . This is a gain-gain transaction for some of our companies. Fortis, Inc., backed by Fortis' worldwide strive and financial specialty , has the resources and active expertise to service NEED farm our businesses and gain our market part. Throw , our robust WorkAbility business and uncommon disability management expertise wish supply Fortis, Inc.'s businesses with valued radical tools to continue forward-movers in the different markets they attend. Together, we volition be healthy to fling broader capabilities to our clients and raised opportunities to our employees by sharing trump practices over some organizations."

CONSUME is potential to preserve its actual operations in California, Maine, Maryland, Massachusetts, Michigan and Minnesota, and testament stay to supply the self complement of heavy-character services its clients sustain do to look. Own the different specialty businesses in which Fortis, Inc. and GET maneuver, the combine is not due to lead in remarkable men reductions.

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Disability Management Services, Inc.

DMS has entered into agreements with Employers Reinsurance Corporation ("ERC) to wear duty for the brass of two disability exact blocks; unity representing claims nether Stimulate disability plans underwritten by UnumProvident and reinsured by ERC and the past representing claims nether Need LTD plans underwritten by Ohio Millionaire Insurance Bear and reinsured by ERC. The take blocks wish be administered in the company's Springfield part.

DMS has entered into agreements with ACE Tempest Stimulate Reinsurance Ltd. ("ACE") to take obligation for the brass of two Suffer LTD exact blocks reinsured by ACE. The take blocks, which admit blocks of business underwritten by five insurance carriers domiciled in Puerto Rico, testament be administered in the company's Springfield situation.

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