Hewitt Associates Acquires Senior Educators Ltd.

March 8, 2010 – Hewitt Associates, Inc., a global human resources consulting and outsourcing company, has acquired Senior Educators Ltd., a Web-based retiree medical insurance exchange that provides unbiased assistance to Medicare recipients seeking supplemental insurance products. “The retiree health insurance market represents an attractive growth opportunity for Hewitt as more employers discontinue retiree medical coverage or look for ways to provide retirees with cost-effective alternatives,” said Russ Fradin, Hewitt's chairman and CEO. “The acquisition of Senior Educators also allows us to provide our clients with an effective, high-quality option to address their post-65 retiree medical commitments and a framework on which to build solutions for the broader retiree population.” Founded in 2005, Senior Educators is licensed to market insurance in 50 states and in the District of Columbia.