Salt Associates Announces Strategic Partnership with Chapin Solutions

Jun 15, 2010

Yarmouth, Maine - June 15, 2010

Salt Associates, an independent leader in employee benefits and disability claim consulting, today announced a strategic partnership with Chapin Solutions, the actuarial and technical consulting firm that provides multi-discipline expertise and experience. The partnership is designed to provide holistic solutions to insurance carriers, self-funded employers, third party administrators and reinsurance companies.

"Our customers will benefit from the combination of Salt Associates and Chapin Solutions leading claims and actuarial consulting services providing them with practical and technical solutions based on broader perspectives and insights", said Don Russell, President and Founder of Salt.  "We are leaders in areas whenever a disability claim determination is involved. This partnership with Chapin Solutions provides us with a great opportunity to take that claim knowledge and combine it with the technical aspects of actuarial practices - a powerful recipe".

"I am excited to be working closely with Salt and we think this agreement represents a great opportunity to expand and grow our businesses," said Jasyn Sadler, President and Founder of Chapin Solutions.  "We'll be able to analyze our customer's business from several different angles and provide independent and objective advice and solutions from a multi-disciplined perspective which is absolutely critical to the success of any group benefits program.  We both serve the same customers so it only makes sense to walk in the door together."

"We are keenly aware that truly successful strategic partnerships, not those created for marketing purposes, are few and far between and for that reason, we are very sensitive about our partnerships," said Jeff Verrill, EVP and Principal at Salt.  "Jasyn's integrity and approach were the keys to making this partnership a reality".

The partnership aims to maximize the value of its solutions for its customers and provide a competitive edge as an independent and objective group of interrelated disciplines attained from years of hands on industry experiences. With the Chapin Solutions relationship, Salt will be able to help customers more effectively drive their businesses with strategies and solutions that further reduce their costs and minimize risk.

For more on Chapin Solutions, go to:
www.chapinsolutions.com

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