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Pan-American Life and USNow Join Forces

NEW ORLEANS 11/8/2006 1:00:22 PM

NEW ORLEANS--(BUSINESS WIRE)--Pan-American Life Insurance Company’s Worksite Division has announced the signing of a marketing agreement with USNow, a Dallas-based national marketing agency.

“Pan-American and USNow have worked together successfully in the past,” said Executive Vice-President Patrick McGunagle. “It’s definitely exciting to be able to bring these two strong, experienced and innovative companies together again.”

McGunagle also noted that Pan-American Life remains focused on developing and introducing new market-leading worksite products to better serve its customers and enhance service.

USNow is one of the fastest growing providers of health insurance products and services in the United States. Their services are marketed to companies through a nationwide broker network. Their insurance benefits are underwritten by some of the largest and most respected companies in the United States with products approved in 41 states.

“Finding an experienced carrier to underwrite our program is instrumental in USNow becoming a national leader in the limited medical marketplace,” said David Lindsey, CEO of USNow.

About USNow

Founded in 1995, USNow pioneered the concept of managed limited medical benefit plans, which provide underinsured/uninsured individuals and corporate employees with access to affordable group healthcare. Thanks to their comparatively low cost and flexible coverage options, managed limited benefit plans are extremely popular with companies of all sizes, many of which are struggling to adjust to the rising costs of traditional medical plans. A nationally recognized leader in the administration and management of limited benefit plans, USNow’s services include health advocacy, PPO discounts, customer care services, on-site enrollment center, claims re-pricing, fulfillment and billing to name a few.

About Pan-American Life

The Pan-American Life Insurance Group is a leading provider of insurance and financial services serving nearly half a million customers throughout the Americas. New Orleans-based Pan-American Life Insurance Company, the Group's flagship member, has been delivering trusted financial services since 1911, employing more than 700 worldwide, providing top-rated life and health insurance, worksite benefits and financial services in 47 states, the District of Columbia (DC) and Puerto Rico. The Group’s member companies offer individual and/or group life and health insurance throughout Latin America. The Group has branches and affiliates in Costa Rica, Colombia, Ecuador, El Salvador, Guatemala, Honduras, Panama, Puerto Rico, and the Cayman Islands. For more information, visit the Pan-American Life Web site at www.panamericanlife.com

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