Press ReleaseSource: Fort Dearborn Life Insurance Company

Matt Reddy Named Vice President of National Accounts at Fort Dearborn Life Insurance Company(R)
Monday October 6, 2008 10:38 am ET

CHICAGO, IL--(MARKET WIRE)--Oct 6, 2008 -- Fort Dearborn Life Insurance Company announces the appointment of Matt Reddy as vice president of National Accounts. Reddy will be responsible for developing National Accounts sales in the employee benefits division and will report directly to president and CEO Anthony F. Trani.

"Matt is a great addition to Fort Dearborn Life's senior management team," said Trani. "Along with proven experience in the marketing and development of employee benefits, he offers expertise in National Accounts. He will be instrumental in helping us build our National Account sales."

Reddy has 21 years of experience from MetLife, Inc., where he had a successful career in the sales and marketing of employee benefits in the mid, large and National Account marketplace. He was also extensively involved with competitive research and product development. Reddy received a bachelor's degree in marketing from Miami University in Ohio.

With nearly 40 years experience, Fort Dearborn Life is among the country's leading providers of employee benefits. Fort Dearborn Life markets group life, short- and long-term disability, dental and individual annuity programs. Fort Dearborn Life has $2.2 billion in assets and $153 billion of life insurance in force. Fort Dearborn Life is rated A+ (Superior) by A.M. Best Company, affirmed November 1, 2007,(1) and is rated A+ (Strong) by Standard and Poor's for financial strength in its most recent report. Fort Dearborn Life is a subsidiary of Health Care Service Corporation (HCSC), a Mutual Legal Reserve Company.

(1) A.M. Best Company rates the overall financial condition of a company using a scale of A++ (Superior) to F (In Liquidation).


Contact:
     Contact:
     John Myers
     Manager, Corporate Communications
     (630) 824-5637
     Email Contact
      

Source: Fort Dearborn Life Insurance Company


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