TAMPA, Fla., Oct. 29, 2014 (GLOBE NEWSWIRE) — Health Insurance
Innovations, Inc., “HII” (Nasdaq:HIIQ), a leading developer and
cloud-based administrator of affordable health insurance plans,
ancillary products and research-driven consumer health insurance plan
shopping tools is pleased to announce that a new independent director,
Mr. Robert Murley, has been appointed to HII’s Board of Directors,
“On behalf of the Board and the Company, I’d like to welcome Mr.
Murley. His wealth of public company board experience, his deep
knowledge of the capital markets and his long history of advising many
large corporations in multiple industries will provide valuable
insights for the Company’s continued growth,” commented Mike Kosloske,
CEO and Chairman of HII’s Board of Directors.
Mr. Murley is currently the Vice Chairman-Senior Advisor of Credit
Suisse, LLC, having served in a number of senior leadership roles for
almost 40 years with the firm, after beginning his career in New York.
He later relocated to the Chicago office, where he served as the office
head from 1991 to 2005. In 1999, he co-founded the Global Industrial
and Services Group, one of the firm’s largest industry practices. In
2005, Mr. Murley was appointed as Chairman of Investment Banking for
the Americas, serving in that position until April 2012, when he was
appointed Vice Chairman-Senior Advisor. Mr. Murley currently serves as
a director of two publicly-traded companies: Apollo Education Group,
Inc., the nation’s largest for-profit education company, and Stone
Energy Corporation, an independent oil and natural gas company. His
civic activities include serving as Chair of the Board of Overseers of
the UCLA Anderson School of Management, officer on the Board of
Trustees of Princeton University, Chairman of the Board of the
Educational Testing Service and trustee of the Museum of Science and
Industry of Chicago.
Mr. Murley received his B.A. from Princeton University, his M.B.A. from
the UCLA Anderson School of Management and his M.S. in International
Economics from the London School of Economics.
Mr. Murley replaces Mr. Jeffrey Eisenberg who resigned from the Board
of Directors of HII earlier this month. The Company will continue to
utilize Mr. Eisenberg’s advisory consulting services in various areas
of strategic importance and assisting in the development of marketing
strategies. Mr. Eisenberg and HII’s Board of Directors have determined
that Mr. Eisenberg’s consulting services and expertise will provide
more value to the stockholders in these priority areas as compared to
continued service as an outside director.
“We’re not actually losing Mr. Eisenberg, whose contributions to the
HealthPocket acquisition as a Board member were invaluable. In fact, as
a consultant to HII, we will continue to benefit from the type of
strategic vision he has offered to companies like Google, HP and GE
Healthcare,” reflected Mr. Kosloske.
About Health Insurance Innovations, Inc.
Health Insurance Innovations, Inc. (HII) develops affordable,
high-quality health insurance products through partnerships with
best-in-class insurance carriers, distributed through licensed
insurance agents as plan configurations customized for the individual
consumer. These transactions take place via the industry’s first
virtual administrator, an entirely cloud-based proprietary process
–Quote-Buy-Print– providing proof-of-coverage to insured in minutes
rather than weeks. HII is a data-driven digital business informed by
its consumer division. HII’s consumer division includes HealthPocket
Research & Data, the largest repository (of any kind) of health
insurance information and HealthPocket.com, the only online resource
that offers consumers one-click access to unbiased rankings of all
available health-insurance plans. Additional information about HII can
be found at hiiquote.com.