Paragon Announces Three Promotions

Minneapolis, May 1, 2008 --  Paragon, a leading provider of consulting, recovery services and outsource solutions to the P&C (re)insurance industry, today announced the promotion of Beth Kraemer and Mark Stori to Senior Vice President and Kim Feyen to Vice President.

The announcement was made by Patrick Van Wert, President of Paragon’s Reinsurance Practice. “As always, our goal is to align our capabilities with client needs,” said Mr. Van Wert. “All three executives are recognized as leaders in their respective specialties.”

Ms. Kraemer specializes in reinsurance accounting, claims processing and managing outsource engagements. She began her insurance industry career at Benfield, where she was a claims team leader and specialized in liaising with London brokers to negotiate large reinsurance recoverables.

Mr. Stori specializes in accounting reconciliation and managing large reinsurance administration projects for insurance companies, risk pools and state governments. He is a Certified Public Accountant (CPA) and also holds the Associate in Reinsurance (ARe) and Associate in Risk Management (ARM) industry designations.

Ms. Feyen specializes in process reviews, audits and administration of an active and run-off reinsurance. She holds the Associate in Reinsurance (ARe) industry designation.

Ms. Kraemer and Ms. Feyen are based in Minneapolis. Mr. Stori is located in Paragon’s Dallas office.

Paragon specializes in providing solutions to operational challenges facing the property & casualty insurance and reinsurance industries.  The company’s analytical, consulting and turnkey services leverage proprietary techniques to improve efficiency and enhance financial performance, allowing clients to focus on the core strategic issues affecting their business.  Paragon Strategic Solutions is a member of the Benfield Group.