Crump Group Announces New President for Life Insurance Services Division and New Corporate CFO.

ROSELAND, N.J. -- Crump Group, Inc. announced today that Brian Winikoff has been named president of its life insurance services division and that Dave Obenauer has replaced Winikoff as chief financial officer of Crump Group, Inc. Both Winikoff and Obenauer report to John Howard, president and CEO of Crump Group, Inc.

Most recently, Winikoff served as chief financial officer of Crump Group, Inc., the industry leading independent wholesale insurance distribution and retirement services organization formed by a combination of Crump Insurance and the retirement, commercial and life insurance divisions of the former BISYS Group. Winikoff joined the former BISYS Group in 2002 as a vice president of finance in its corporate office and then served as senior vice president and head of finance of its life insurance services division, prior to assuming the role of CFO of the Crump Group, Inc.

"Brian's strong analytical skills, business experience and leadership, combined with the deep relationships that he has built over the past five years, position him well to lead the life insurance division in his new capacity," said Howard. "Brian has played a significant role in our business planning and management efforts, and has been instrumental in strengthening our finance organization," added Howard.

Prior to joining BISYS (now Crump), Winikoff served as in a variety of senior management roles at Loudcloud, Inc. and Hughes Electronics, and he began his career as an investment banker with Salamon Brothers, Inc. Winikoff earned a bachelor's degree in mathematical economics from Brown University, and currently resides in Hingham, MA with his wife, Kristen, and their three young children.

Obenauer joins Crump from Marsh Inc., where he spent the past seven years in a number of roles with increasing responsibility, serving most recently as chief financial officer of Marsh Americas, where he was a key contributor to the development and implementation of the company's turn-around efforts. During his tenure at Marsh, Obenauer was also chief administrative officer for the company's wholesale brokerage and underwriting management operations, which at the time, included Crump Insurance. He began his insurance industry career with United Educators Insurance in Chevy Chase, Maryland, moving through the ranks over more than a decade to become its chief financial officer. In this capacity, Obenauer also led the company's corporate development, business planning and technology efforts.

"Dave is a proven leader and with his multi-faceted insurance and financial background, I am confident he will be a key contributor toward the growth of each our business segments," said Howard.

Obenauer earned a master's in business administration from the Wharton School, University of Pennsylvania, and a bachelor's of science in business from Wake Forest University. He resides in Mendham, NJ with his wife, Julie, and has three children.

About Crump Group, Inc.

Crump Group, Inc. (www.Crump.com) is the largest wholesale insurance distributor in the United States, and one of the leading U. S. providers of recordkeeping and support services to company-sponsored retirement plans. Its Commercial Insurance Services division (www.crumpins.com; www.bisyspc.com) is among the largest U. S. providers of wholesale brokerage and specialty programs to the commercial property and casualty insurance industry. Crump Life Insurance Services (www.CrumpLifeInsurance.com) is the largest wholesale distributor of services that support the sale of life related insurance and annuity products. Retirement Services (www.bisysretirement.com) is the largest independent administrator for company-sponsored retirement plans, offering every component of retirement plan infrastructure.