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Keane Unclaimed Property Team Hires Life Insurance Industry Expert

Paul MacCready will Help Insurers Navigate an Increasingly Complex Unclaimed Property Environment

- New York - March 21, 2013

Keane, the nation’s premier provider of unclaimed property consulting, unclaimed property reporting, and owner/beneficiary location services, today announced that insurance industry expert Paul MacCready will be joining the company as Director of Insurance Solutions.

With over 20 years of experience in the insurance and healthcare industries, Mr. MacCready brings even more breadth and depth to Keane’s team of unclaimed property specialists. In his most recent position, Mr. MacCready served as Director of Life Insurance Audits, where he led corporate responses to multi-state audits. Mr. MacCready also has an extensive background in underwriting, claims processing, and strategic planning. At Keane, MacCready will provide unique insight for its insurance industry clients.

“This is a tumultuous time for the life insurance industry, as we’ve seen an increase in multi-state audits, state legislation, and a class action lawsuit over a carrier’s beneficiary location practices.”

“This is a tumultuous time for the life insurance industry, as we’ve seen an increase in multi-state audits, state legislation, and a class action lawsuit over a carrier’s beneficiary location practices,” noted Keane Chief Operating Officer Nick Nichols. “So we are thrilled to have someone of Paul’s caliber join our team. He’s been on the front lines of the unclaimed property audit process and will be able to help guide our clients through this extremely difficult process.”

“I am very excited to be joining Keane’s team of unclaimed property specialists,” said MacCready. “Since the insurance industry first came under fire, they have been at the forefront of helping insurers come into compliance, minimize their audit risk and locate beneficiaries. I’m looking forward to working with such a talented group of industry professionals.”

Mr. MacCready has also served as President/CEO for MobileCare 2U, Chief Operating Officer at Coventry Health Care of Kansas, and a Subject Matter Expert for the International Claims Association (ICA), Compliance & Ethics Forum for Life Insurers (CEFLI), and the Unclaimed Property Professionals Organization (UPPO).

Mr. MacCready has an MBA from the University of Minnesota’s Carlson School of Business and a BA from Grinnell College.  He currently resides in Overland Park, Kansas.

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