March 24, 2008

Keenan HealthCare and Madison Healthcare Insurance Services Enter Cooperative Agreement

Keenan HealthCare, the Torrance, CA-based brokerage and consulting firm, and Madison Healthcare Insurance Services, based in Huntington Beach, CA, are pleased to announce a cooperative agreement. As of March 24, 2008 Madison Healthcare will assume brokerage services of all medical malpractice insurance coverages to Keenan's physician and medical group clients. Madison will also be assuming responsibility for certain ancillary insurance coverages as well. Keenan HealthCare will continue to provide employee benefit coverages and services to all of Keenan HealthCare's medical group clients.

"At Keenan, we are continually looking for ways to improve services and value to our clients and the California health care industry. Keenan and Madison have come to this agreement to more effectively serve our physician and medical group customers' needs," explained Jim Tinyo, Senior Vice President, Keenan HealthCare. "We look forward to working alongside Madison to deliver the full scope of insurance and consulting services."

"We are excited to bring our capabilities in the medical malpractice insurance area to Keenan's physician and medical group clients throughout California," according to T. Anthony Bowen, Chief Executive Officer of Madison Healthcare Insurance Services, Inc. "This agreement is an excellent opportunity for us to expand our core business and provide cost effective solutions to a large number of new medical group clients throughout California."

About Keenan & Associates

Keenan & Associates, headquartered in Torrance, CA, was founded in 1972. Keenan has grown to the 17th largest insurance brokerage and consulting firm in the United States. With a network of offices located throughout California and a staff of more than 650 insurance specialists, Keenan is a full service broker and consultant, dedicated to providing superior insurance products and services for public agencies and health care organizations. The company's exceptional growth is directly related to its concentration on meeting the risk management, employee benefits, workers' compensation and property & liability consulting and brokerage objectives of public entities, health care systems and high-tech firms. For more information, call 1.800.654.8102, or email [email protected] Visit our web site at

About Madison Healthcare Insurance Services

Madison Healthcare Insurance Services is headquartered in Huntington Beach, CA. Madison is a full service insurance brokerage dedicated to the insurance and reinsurance needs of the healthcare industry. Our people are among the industry's best, and we take great pride in delivering the highest level of service and responsiveness to everyone we serve. We build business relationships based on trust, respect and mutual understanding. At Madison we understand helping our clients achieve their objectives is the key to our long term success. For more information, please call us at 800.603.3311 or email [email protected] Visit our website at