Intermediary Insurance Services, Inc. and ASG Risk Management Combine Operations

Columbia, S.C. – Companion Life Insurance Company and its affiliates, Intermediary Insurance Services, Inc. (IISI) and ASG Risk Management, (ASG) are excited to announce that IISI and ASG are combining all business operations effective immediately. Led by President Chris Hutton, the combined organization will operate and market under the IISI brand.

Jon Anderson, Companion Life’s vice president and chief strategy officer, stop loss division, said, “We constantly look for ways to improve the experience of our Policyholder, producer and TPA clients. We know that the key to achieving that goal is allocating resources efficiently and effectively. We believe combining IISI and ASG into a single organization puts us in the best position to deliver stop loss solutions that meet the unique needs of current and prospective clients.”

Chris Hutton, IISI’s president, agreed. Our 37-year history in the stop loss marketplace will be strengthened by the addition of key operations and sales talent from ASG. Further, ASG’s strong presence in complementary markets will expand IISI’s national footprint.”

About Companion Life

Headquartered in Columbia, Companion Life (www.CompanionLife.com) has specialized in employee benefits since 1971. The company markets life, dental, disability, accident, specialty health – including medical stop-loss, limited benefit health plans and group supplemental retiree prescription drug plans – as well as other insurance programs, through a network of independent agents and brokers, general agents and managing general underwriters. Companion Life is licensed in 49 states and the District of Columbia. It holds an AM Best Rating of A+ (Superior).

About Intermediary Insurance Services, Inc.

Founded in 1983 and acquired by Companion in 2009, IISI is a full service provider of medical stop loss products for self-funded employer groups. IISI’s broad product portfolio includes specific and aggregate stop loss with specific advance, aggregate accommodation, terminal liability, and no-laser renewal options. It is also an industry leader in the Reference Based Pricing space. IISI is headquartered in San Francisco, CA. Visit www.iisinet.com.

About ASG Risk Management

ASG has been a reliable and experienced partner for TPAs and brokers seeking

Professionally managed self-funded insurance options since 2003. Acquired by

Companion in 2012, ASG’s knowledgeable staff has provided first-class service and stop loss product solutions to employers across the country.