Combined Insurance Company of America acquires Employee Benefit Communications.CHICAGO--(BUSINESS WIRE)--April 11, 1996--Today, Combined Insurance Company of America (Combined Insurance) announced the acquisition of Employee Benefit Communications (EBC EBC Exhaled Breath Condensate EBC Executive Briefing Center EBC European Brewery Convention EBC Eastern Book Company EBC Early Breast Cancer EBC European Brain Council EBC Electronic Birth Certificate EBC Ella Baker Center for Human Rights ) of Tampa, Florida “Tampa” redirects here. For other uses, see Tampa (disambiguation). Tampa is a United States city in Hillsborough County, on the west coast of Florida. It serves as the county seat for Hillsborough County.GR6. . EBC is a leading employee enrollment firm providing worksite marketing of voluntary benefit insurance products. Richard M. Ravin rav·in also rav·en n. 1. Voracity; rapaciousness. 2. Something taken as prey. 3. The act or practice of preying. , chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Combined Insurance remarked, "Founded in 1919, Combined Insurance built its global insurance business by focusing on the sales of its individual life, accident and health products to individuals at their place of business. The acquisition of EBC and recent creation of Combined Benefit Services, our worksite marketing unit, compliments the successful strategy upon which Combined was founded. EBC, a leader in employee enrollment programs will accelerate Combined's growth in the voluntary benefits market by coordinating enrollment at the worksite. The talented team at EBC will bring valuable experience and expertise to our organization." Kenneth P. Hallen, vice president of Combined Insurance responsible for Combined Benefit Services said, "EBC, which manages a large network of corporate enrollers, will augment Combined Benefits Services' worksite marketing of its voluntary benefits products. EBC will continue to provide valuable services to their existing corporate and insurance company clients while seeking opportunities to grow their market share." Michael L. Castle, founder of Employee Benefit Communications stated, "Combined's vast resources and quality products will strengthen and significantly enhance our ability to serve our existing markets and expand our business. We look forward with enthusiasm to being part of the Combined organization and continuing to grow our markets." With more than five million policyholders, Combined Insurance has more individual accident and health policies in force than any other U.S. company. Combined Insurance is a leading underwriter of supplemental accident and health, life insurance for individuals in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe, Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. and the Pacific. Combined Insurance Company of America is a subsidiary of Aon Corp. Aon Corp. is a holding company that comprises a family of insurance brokerage, consulting and insurance underwriting companies and is listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . CONTACT: Combined Insurance Company of America Kenneth Hallen, 847/205-2044 |
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