News: Portfolio 2006

HealthMarkets^sm     Selects Haley As A Business Rules Supplier

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"With the rapid pace of both business and technological change in the insurance industry today, carriers' needs for business agility have never been higher," said Haley President and CEO Hans Witt. "HealthMarkets' planned widespread deployment of business rules for its applications reinforces its position as one of the most forward-thinking and innovative users of information technology in the insurance industry."

About HealthMarkets:

HealthMarkets, headquartered in North Richland Hills, Tx., is a provider of health and life insurance products to individuals, the self-employed, small businesses and students. HealthMarkets offers products and services through its subsidiaries: The MEGA Life and Health Insurance Company, Mid-West National Life Insurance Company of Tennessee and The Chesapeake Life Insurance Company. The Company's offerings include individual and self-employed health insurance, small employer group health insurance, student health insurance, life insurance and reinsurance. Through its Consumer Guided Health Insurance plans, HealthMarkets seeks to provide affordable and accessible health coverage to individuals and small businesses. As of April 5, 2006, the Company is owned by of a group of private equity investors, including The Blackstone Group, Goldman Sachs Capital Partners and DLJ Merchant Banking Partners, members of management and the Company's dedicated, licensed agents through the Company's agent stock accumulation plans. For more information, visit www.healthmarkets.com.

 

 

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