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Press Release

Patriot National Announces New Appointments to Board of Directors

Company Release - 4/25/2017 4:15 PM ET

FORT LAUDERDALE, Fla., April 25, 2017 (GLOBE NEWSWIRE) -- Patriot National, Inc. (NYSE:PN), a leading provider of technology and outsourcing solutions to the insurance industry, announced today the appointment of Terry L. Coleman and Glenn Hibler to the Board of Directors, effective today. 

“We are pleased to welcome Mr. Coleman and Mr. Hibler to our Board of Directors,” said Steven M. Mariano, Chairman, President and CEO of Patriot National. “As the former Speaker of the House for the State of Georgia, Mr. Coleman brings to the Board tremendous leadership, government and public policy experience. Mr. Hibler has a long and successful career that includes building successful insurance services companies and has particular expertise in technology-enabled solutions and benefits design.”   

Mr. Coleman is the former Speaker of the House for the State of Georgia and served with the House of Representatives for over 34 years. During his tenure, he chaired the House Appropriations Committee and played an integral role in the passage of the annual budget for Georgia State. Since retiring from the Georgia House of Representatives, Mr. Coleman has provided consulting services to a wide variety of clients in banking, healthcare, agriculture and government.

Mr. Hibler has 25 years of experience in the insurance industry and significant expertise in strategic planning as well as product development and distribution. He is the co-founder of Traffk, a California-based provider of underwriting and risk services to insurance carriers. Previously, he founded The Insurance Exchange, a brokerage firm specializing in the design and distribution of national dental plans that was sold to MetLife. Previously, Mr. Hibler co-founded Benefitport, a technology firm specializing in internet-based employee benefits and group insurance. He is currently on the Board of Directors of Managed Discovery Network, a privately held company that provides litigation support services to the insurance industry.   

About Patriot National
Patriot National, Inc. is a national provider of comprehensive technology and outsourcing solutions that help insurance companies and employers mitigate risk, comply with complex regulations and save time and money. Patriot National provides general agency services, technology outsourcing, software solutions, specialty underwriting and policyholder services, claims administration services, and self-funded health plans to its insurance carrier clients, employers and other clients. Patriot National is headquartered in Fort Lauderdale, Florida.  For more information about Patriot National, please visit www.patnat.com.

Forward Looking Statements
This press release may include statements that may be deemed to be forward-looking statements. Words such as "may," "will," "should," "likely," "anticipates," "expects," "intends," "plans," "projects," "believes," "estimates," "positioned," "outlook," "Guidance," and similar expressions are used to identify these forward-looking statements. By their nature, forward-looking statements involve risks and uncertainties, and there are important factors that could cause actual results to differ materially from those indicated in these statements, including the potential that we may not accelerate our expansion into telemedicine.  For example, we may not be able to place insurance policies for our clients, our expenses may be higher than we expect, we may have difficulty integrating new acquisitions, new acquisitions may not perform as anticipated, as well as those matters contained in our filings with the Securities and Exchange Commission. Although we base these forward-looking statements on assumptions that we believe are reasonable when made, we caution you that forward-looking statements are not guarantees of future performance or events and that results may differ materially from statements made in or suggested by the forward-looking statements contained in this press release. Any forward-looking statement that we may make in this press release speaks only as of the date of such statement, and we undertake no obligation to update any forward-looking statement or to publicly announce the results of any revision to any of those statements to reflect future events or developments.


Media and Investor Contact:
Cindy Campbell
Director of Investor Relations
Patriot National, Inc.
(954) 670-2907
CCampbell@patnat.com

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Source: Patriot National