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Insphere Insurance Solutions® Strengthens Management Team with Appointment of Three Insurance Industry Veterans

Insphere Insurance Solutions Strengthens Management Team with Appointment Mark H. Smith as Chief Operating Officer, James M. Bletzer as Vice President and Katherine F. Feeny as Regional Vice President and Medicare Line of Business Leader

DALLAS/FORT WORTH – November 9, 2011 – Insphere Insurance Solutions (http://www.insphereis.com) announced today that Mark H. Smith has joined the Company and will serve as Senior Vice President and Chief Operating Officer. The Company also announced the addition of James M. Bletzer as Vice President of Alternative Distribution and Katherine F. Feeny as Regional Vice President for the Western Region and Medicare Line of Business Leader.

Insphere Insurance Solutions, through its marketing agreements with many of the industry’s leading carriers for life, health, Medicare and long-term care products, is one of the fastest growing insurance distribution companies serving small business and middle-market consumers on a national basis.

"Due to the rapid growth of our field force and the expanding opportunity in our core markets, we have added three talented and seasoned industry executives to augment Insphere’s strong, existing leadership team,” said Kenneth J. Fasola, President and Chief Executive Officer for Insphere Insurance Solutions.

“I am extremely pleased to have Mark Smith as Insphere’s Chief Operating Officer. Mark has the right blend of leadership and operational skills to be able to immediately contribute in ways that will allow us to better deliver the key differentiators that make Insphere a unique opportunity for agents,” said Fasola

“I am also pleased to add Jim Bletzer who will focus on driving growth through new, existing and emerging distribution channels,” said Fasola. “The addition of Kathy Feeny gives Insphere an experienced leader for our Medicare sales efforts nationwide and for the field force in our Western Region.”

"As a distribution company, Insphere has unique assets and we are focused on improving at every level of the organization. The additions of Mark, Jim and Kathy demonstrate our commitment to growth and to offering agents the best possible opportunity in the insurance industry. I am excited about the opportunities before for us,” said Fasola. “

Prior to joining Insphere, Smith served as National Practice Leader for UnitedHealthcare’s Small Group Division. Prior to that he served as Regional Vice President in the Northeast. In 2001, Smith was part of the management team that launched Destiny Health, the U.S. based company that is a wholly owned subsidiary of Discovery Health. Prior to that, Smith served as National Vice President of Distribution for Discovery Health, a South African insurance company.

Before Bletzer joined Insphere, he served as National Practice Leader for Special Markets at Humana. Prior to that he served as Senior Vice President, National Distribution for Ovations, a wholly owned subsidiary of UnitedHealth Group. Bletzer holds a B.S. Degree from Boston State College and a Masters in Business Administration from Suffolk University in Boston, MA.

Feeny joins Insphere from HealthCompare, a Word & Brown Company, where she served as Senior VP in charge of Medicare and Individual National distribution and marketing. Prior to that, Feeny was CEO/Co-Founder of Joppel, which was the nations’ first technologically advanced online resource to help individuals research, compare, and apply for Medicare products across the country. Joppel was acquired by Word and Brown Companies in December of 2009. Prior to that Feeny was in numerous executive roles with Pacific Health Services and United Health Group, prior to the acquisition of PacifiCare by United Health Group, Feeny was the EVP for Secure Horizons, which was the largest Medicare Health Plan. Feeny holds a B.A. degree in Biology and Psychology from Manhattanville College in Purchase, NY. In 2004, Feeny was named a finalist in the “Woman In Business” awards held by Orange County, CA Business Journal and in 2010 received the Barbara Boggs Sigmund Award. Feeny is currently on the Board of Directors for National Health Foundation and is a past Board Member of the American Society on Aging.

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About Insphere Insurance Solutions

Insphere Insurance Solutions, Inc. is a distribution company that specializes in meeting the life, health, long-term care and retirement insurance needs of small businesses and middle-income individuals and families through its portfolio of highly rated products offered by nationally recognized insurance carriers. Insphere is an authorized agency in all 50 states and the District of Columbia with approximately 2,600 agents nationwide. For more information, please visit www.insphereis.com.

CAUTIONARY STATEMENT FOR PURPOSES OF THE "SAFE HARBOR" PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

This news release may include forward-looking statements relating to Insphere Insurance Solutions, Inc. that are subject to certain risks, uncertainties and assumptions. Such forward-looking statements are intended to be identified in this document by the words "anticipate," "believe," "estimate," "expect," "intend," “may,” "objective," "plan," "possible," "potential," “project” and similar expressions. Actual results may vary materially. Forward-looking statements speak only as of the date they are made, and we do not undertake any obligation to update them to reflect changes that occur after that date. Factors that could cause actual results to differ materially include, but are not limited to, the effect of recently enacted national health care reform legislation on our business; other legal or regulatory developments which may adversely affect our business including, but not limited to, laws or regulations which impede our ability to obtain effective leads; any failure to comply with applicable law or regulations; our ability to maintain applicable licenses; our ability to enter into and maintain satisfactory relationships with insurance carriers and agents; our ability to implement and maintain various information technology and administrative systems, platforms and processes necessary to successfully run the businesses, or the failure of such systems, platforms and processes to provide timely and accurate information; our reliance on outsourcing arrangements, which may subject us to risks related to business disruption or otherwise adversely affect our operations; termination of agreements with insurance carriers or revisions to contract terms which may adversely affect our business; the failure of insurance carriers to pay us in a timely and accurate manner or to provide us with data required to support product sales and accurately pay our agents; and the failure of an insurance carrier to administer underwritten business in an appropriate manner, which may lead to customer dissatisfactions and the lapse or cancellation of policies for which we and our agents receive commissions. Like any business, the progress and success of the company entails substantial uncertainty. There can be no assurance that other factors not currently anticipated by the company will not materially and adversely affect our financial condition and results of operations. Readers are cautioned not to place undue reliance on any forward-looking statements made by us or on our behalf.