Keenan Names Lee Exton New Vice President Of Healthcare Division; Dedicated To Expanding Services To Hospitals And Medical Groups

TORRANCE, Calif.--(BUSINESS WIRE)--April 30, 2004--Keenan, the largest privately held brokerage firm in California, today announced the appointment of Lee Exton as Keenan’s new vice President of Healthcare.

Jim Tinyo, senior vice president, Healthcare, says, “We are happy to welcome Lee to Keenan. His recognized expertise and results oriented approach to helping clients select the right employee benefit options, well fits with Keenan strategic initiative to grow our healthcare practice.”

In his new role, Exton will focus on expanding Keenan’s current employee benefits consulting practice for hospitals and medical groups. His first assignment will be to lead a first of its kind survey to accurately assess the unique employee benefit needs of medical groups. This evaluation will assist Keenan in developing forward thinking approaches and product. Survey results are anticipated to be available in June.

Says Exton, “I am excited to be part of the Keenan healthcare team. Keenan is one of the strongest brokerage-consulting firms in CA and the bellwether for forward thinking approaches to health insurance services and products.”

Henry Loubet, chief strategy officer, says, “With Lee’s comprehensive healthcare background and his technical expertise, he brings an important dimension to Keenan’s healthcare division. This will be extremely beneficial to expand even further our rapidly growing healthcare practice.”

Exton comes to Keenan after serving as the Southern California Healthcare Practice Leader for a prominent employee benefits organization. Recently, he worked to develop a state-of-the-art integrated wellness program, working in concert with the Risk Management and Human Resources departments of a local municipality. He also has experience working with healthcare purchasing coalitions in California.

His experience includes the development of a national database of health plan organizations, the design of numerous full flex cafeteria plan programs, and the implementation of innovative consumer driven programs. Exton has worked with organizations in the private and public sectors. In addition to serving numerous hospital and health care industry organizations, he has consulted to states, counties, cities, and school districts.

Exton is a frequent speaker and has presented to such organizations as IPMA, PIHRA, California CPA Association, World@Work, and GeoAccess. In addition he has appeared on ABC’s Financial Watch. He graduated with degrees in biology and economics from UC Irvine and has served as an instructor for the Wharton Schools CEBS program.

About Keenan

Founded in 1972, Keenan is the 24th largest insurance brokerage firm in the United States, and the largest independent broker in California. Keenan is dedicated to providing superior insurance products and service to schools, community colleges, municipalities and healthcare organizations that include employee benefits, third party claims administration, workers compensation, integrated disability, risk management, and property and liability. Keenan has a network of nine offices located throughout California and a staff of more than 550 insurance specialists. For more information, call 1-800-654-8102, 310-212-3344 or email info@keenanassoc.com Visit our web site at http://www.keenanassoc.com.

Contacts

Frank Public Relations, Westlake Village, Calif.

Peggy C. Frank, 818-735-3591 pfrank@frankpr.com