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A.E. Mourad Agency, Inc. acquires Corporate Insurance Management, Inc’s Employee Benefits Block of Business


March 01, 2004

FOR IMMEDIATE RELEASE

A.E. Mourad Agency, Inc. acquires Corporate Insurance Management, Inc's Employee Benefits Block of Business

MADISON HEIGHTS, MI - March 1, 2004 (PRB) � A.E. Mourad Agency, Inc. is proud to announce the acquisition of Corporate Insurance Management, Inc's (CIMI) employee benefits block of business. The acquisition of CIMI employee benefits business is a strategic move for A.E. Mourad Agency, Inc. in that it will increase the services available to their clients as well as solidify them as a top insurance agency in the state of Michigan.

"The acquisition of CIMI's employee benefits accounts will give our organization more name recognition in the marketplace and the clients will be able to access a broader product portfolio as well as services that were not available under CIMI. This acquisition is a win-win situation not only for our organization but also for our newly obtained clients," said Peter Mourad, Vice President of A.E. Mourad Agency, Inc.

About A.E. Mourad Agency, Inc.

A.E. Mourad Agency is located in Madison Heights, Michigan. Founded in 1986, A.E. Mourad Agency specializes in employee benefit programs for medium to large organizations offering medical, dental, prescription drug, vision, life, short and long term disability, 401(k), estate planning, as well as voluntary programs on a fully-insured or self-funded basis. More information on A.E. Mourad Agency may be found at the company's website http://www.aemourad.com.

Contact:

Steve Mourad, Vice President
A.E. Mourad Agency, Inc.
28277 Dequindre Road
Madison Heights, MI 48071 USA
Phone: (248) 336-1600
Fax: (248) 336-1607

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For more information on how we can serve your insurance needs, please call A.E. Mourad Agency at (248) 336-1600.
 
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