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FOR IMMEDIATE RELEASE

Press Release

LMC Capital LLC served as financial advisor for Caitlin-Morgan Insurance Services on the following transaction

Caitlin-Morgan Insurance Services Acquired in a Private Transaction

Wednesday January 10, 10:33 am ET

CARMEL, Ind.--(BUSINESS WIRE)--Caitlin-Morgan Insurance Services has been acquired in a private transaction sponsored by co-owner, Christopher S. Murray. Former co-founder, Stan Murray has rejoined the management team to provide additional direction and management expertise to the organization.

Caitlin-Morgan is a program administrator serving associations, affinity groups and independent agents throughout the Midwest with a particular emphasis on workers compensation business, medical malpractice, and nursing home professional liability. Terms of the transaction were not disclosed.

Christopher Murray commented, "We see a tremendous opportunity for growth in a dynamic and changing marketplace. As a result of this transaction, our customers should see little disruption to this change in ownership since it will essentially be the same people, contact information and services offered."


About Caitlin-Morgan Insurance Services:

Caitlin-Morgan was founded in 1999 by Stan Murray and Sean Murray and is a privately-held program administrator headquartered in Carmel, Indiana. Programs are underwritten by admitted and non-admitted U.S. insurers with A ratings or better. Coverage is provided throughout the United States. Please visit our website at www.Caitlin-Morgan.com to review the specific states of operation and to secure additional information about our products and services.

Contact:
Caitlin-Morgan Insurance Services
Christopher Murray, CPA, 317-575-4440, ext. 233
President


Source: Caitlin-Morgan Insurance Services


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