August 5, 2002

FOR IMMEDIATE RELEASE

Benicomp Group, a Fort Wayne based administration firm, has entered into an exclusive, multi-year agreement to develop and market an executive medical reimbursement policy targeted to the needs of key employees and senior managers. Assurity Life Insurance Company, based in Lincoln, Nebraska, will underwrite the coverage with BeniComp providing national marketing and administrative services.

“This new venture broadens the range of products and services BeniComp can offer to its self-funded clients” quotes Doug Short, president of BeniComp Group. "It also highlights our increasingly sophisticated administrative capability and our ability to link effectively with long-distance partners to create new products in the health benefits marketplace. Such partnerships also benefit our economy by providing local job opportunities," said Short

BeniComp Group is a locally owned and operated third party administration (TPA) firm based in Fort Wayne, Indiana, established in 1962 with the start of Short Associates also located in Fort Wayne.

Assurity Life Insurance Company was established in 1895 and offers a wide variety of insurance products and other financial services designed to solve complex financial problems for individuals, families and businesses.

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