FORT LAUDERDALE, Fla., April 27, 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 Ernest Csiszar to the Board of Directors, effective today. Mr. Csiszar will serve as the Chairman of the Audit Committee.
“We are pleased to welcome Mr. Csiszar to our Board of Directors,” said Steven M. Mariano, Chairman, President and CEO of Patriot National. “Mr. Csiszar has more than ten years of experience serving on public and private company boards, and he brings extensive experience in insurance and risk management, executive leadership and advisory in financial matters.”
Prior to his retirement, Mr. Csiszar served as President and Chief Executive Officer of the Property Casualty Insurers Association of America, the property and casualty insurance industry’s principal trade association. Previously, he served as Director of Insurance for the State of South Carolina and as President of the National Association of Insurance Commissioners. He currently serves on the Board of Directors of American Integrity Insurance Company, a property and casualty insurance company, and is a member of the Board of Directors and Audit Committee for MasTec, Inc.
“I am familiar with the Company and welcome the opportunity to serve the interests of Patriot National’s shareholders,” said Mr. Csiszar.
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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