HealthPlan Services Marks Long Term Participation, Continued Support of ICMG With Gold Sponsorship Renewal

TAMPA, Fla., Jan. 25, 2011 /PRNewswire/ -- HealthPlan Services (HPS), the nation's leading technology and administrative services provider for the insurance and managed care markets, has demonstrated its unwavering support of and long term commitment to the Inter-Company Marketing Group (ICMG) by renewing its status as a Gold Sponsor.

ICMG is the industry's premier association devoted to fostering strategic alliances in the insurance and financial services marketplace. A member since 1995 and a Gold Sponsor since 2006, HPS has exhibited at or attended the majority of the past 11 ICMG Annual Meetings and sponsored the Directory of Members. This year is no exception.

"HPS has seen firsthand the benefits that can be realized from ICMG, in particular the Annual Meeting with its laser focus on relationship building and networking," said Anne Marie Faria, HPS' Chief Marketing and Sales Officer and 2010-11 ICMG Membership Committee Chair. "That is why HPS continues to place a high value on our support for and participation in ICMG, which has resulted in dozens of strategic alliances for our organization."

HPS will be featured in Booth #416 at ICMG's Annual Meeting, which takes place Feb. 2-4, 2011 at the Doral Gold Resort & Spa in Miami. Under the theme Opportunities in Change, attendees will experience networking, information sharing and education geared toward helping them understand and prepare for insurance reform and find opportunities through alliances with other members.

"In the wake of healthcare reform, carriers need to focus on creating strategic alliances that will help them expand their product offerings and reduce administrative costs," said Faria, who is ICMG's immediate past president. "That is the primary value of the ICMG Annual Meeting. It is a cost-effective way to interact with customers and prospects and an efficient means by which to establish and strengthen the relationships needed to thrive in this new environment."

More detailed information on membership and the Annual Meeting can be found on the ICMG website, www.icmg.org. For more information about the Gold Sponsorship program visit www.icmg.org/GoldSponsors.asp or contact Audrey Wittenburg, ICMG executive director, at (703) 729-7701 or [email protected].  

About ICMG

Inter-Company Marketing Group (www.icmg.org) is the premier nonprofit association that fosters strategic alliances between insurance and financial services companies, providing targeted networking opportunities, sharing of knowledge and experience, and resources for successful inter-company alliances. Among the 400 members are marketing and business development decision-makers with insurance carriers, distributors, third party administrators, and other related companies. Follow ICMG on Twitter (@ICMG) and find ICMG on LinkedIn.

About HealthPlan Services

HealthPlan Services (HPS), a Water Street Healthcare Partners affiliate, is the largest independent provider of service and technology solutions to the insurance and managed care industry. Since 1970, HPS has offered customized administration and distribution services to insurers of individual, small group, voluntary and association plans, as well as providing valuable solutions to thousands of brokers and agents that sell into this market. HPS' proprietary, scalable technology provides innovative consumer-facing solutions that are turnkey self-service tools for our insurance carriers and distribution partners. HPS offers an ever-expanding array of services to a diverse and growing client base, and administers products that include medical (PPO, HMO, indemnity, consumer-driven), dental, vision, life, disability, cancer, critical illness, accident, long term care, limited medical, as well as various other ancillary insurance. HPS is committed to providing extraordinary service to its customers. For more information about HPS, visit www.healthplan.com.

About Water Street

Water Street Healthcare Partners is a strategic private equity firm focused exclusively on healthcare.  The firm has a strong record of building market-leading companies across key growth sectors in healthcare.  It has partnered with some of the world's leading healthcare companies on its investments including: Johnson & Johnson, Medtronic and Smith & Nephew.  Water Street's team is comprised of industry executives and private equity professionals with decades of experience investing in and operating global healthcare businesses.  The firm is headquartered in Chicago.  For more information about Water Street, visit www.wshp.com.

SOURCE HealthPlan Services