Press Release 10/12/06

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SLG Benefits & Insurance, LLC Announces Medical Stop Loss Program Management Agreement

Marblehead, MA ­ October 12, 2006, –SLG Benefits and Insurance, LLC (SLG) is pleased to announce a stop loss program management agreement with American Fidelity Assurance Company (AFA). SLG will serve as an underwriting, claims, risk management and administrative manager on behalf of AFA. Additionally SLG will market AFA medical stop loss products to a select group of third party administrators and producers nationally.

"We’re pleased to represent AFA and their long standing commitment to the medical stop loss marketplace”. “AFA’s has secured an A+ (Superior) rating from AM BEST for 24 consecutive years; their financial security and dedication are now part of the already strong SLG offering to our business partners”, noted Steve Gransbury, a Managing Director of SLG.

American Fidelity Assurance Company (AFA) is pleased to announce its partnership with SLG Benefits and Insurance, LLC (SLG). The principals at SLG have a long and successful track record in the medical stop loss market. We look forward to SLG opening new markets for AFA’s medical stop loss products,” noted Ron Byrne, Senior Vice President.

 

About American Fidelity Assurance Company

American Fidelity Assurance Company is a third-generation, family-owned organization providing insurance products and financial services to education employees, trade association members and companies throughout the United States and across the globe.

Founded in 1960, it has grown to become one of the largest private, family-owned life and health insurance companies in the United States. Headquartered in Oklahoma City, American Fidelity has more than 1,500 employees in 26 locations across the nation. It was named to Fortune magazine’s 2006 list of the 100 Best Companies to Work for in America for the third straight year and was named on Computerworld magazine’s list of the “Best Places to Work in IT,” ranking number one in 2005. In addition, it has been ranked by Training Magazine as one of the Top 100 Companies in America for employee training. Since 1982, American Fidelity has been rated "A+" (Superior) by A.M. Best Company, one of the nation's leading insurance rating services.

 

About SLG Benefits & Insurance, LLC

SLG Benefits and Insurance, LLC is an insurance program management company. In addition to AFA, SLG has an ongoing stop loss program management agreement with QBE Insurance Corporation and a group life insurance program management agreement with UNUMProvident. The company’s focus is to offer group insurance products and service solutions for employer groups, their Third Party Administrators (TPA's) and broker/consultants. SLG Benefits’ primary product is medical stop loss insurance/reinsurance and the company’s full product portfolio includes: group life insurance, group disability, long term care and voluntary benefits programs. Dedicated service and underwriting solutions are at the core of the SLG Benefits philosophy.

Please forward any questions or requests for information to:

 
SLG Benefits & Insurance, LLC
9 Atlantic Avenue
Marblehead, MA 01945
Tel: 800.742.9279
Local: 978.740.4538
Fax: 978.740.9485
http://www.slgbenefits.com

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