Thorbahn Expands New England Operations and Leadership in Employee Benefits Consulting Through New Partnership With

BOSTON, MA, Jan 15 (MARKET WIRE) --
Thorbahn (www.thorbahn.com), a preeminent Massachusetts-based employee benefits
consulting firm, today announced it has acquired the Insurance Brokerage
Division of Crosby Benefit Systems, Inc. "Our partnership with Crosby Benefit
Systems brings to Thorbahn a wealth of proven benefit solutions that will
let us deliver greatly expanded value and services to our clients," said John
Thorbahn, CEO and Founder of Thorbahn.

Harvey Crosby, President and Founder of Crosby Benefit Systems, said,
"Thiswill allow Crosby to accelerate the expansion of our insurance business
with a
proven partner while, at the same time, continue to focus our attention on
benefits outsourcing and recordkeeping services. We have looked long and hard
for the right partner and I believe we have found that partner in Thorbahn
Associates."

Harvey Crosby and his Newton-based support team will continue to support all
the
current insurance clients of Crosby Benefits Systems.

About Crosby

Crosby Benefit Systems, Inc. is a leading insurance brokerage and
recordkeeping firm providing clients with a wide spectrum of Employee Benefits
Solutions and Third Party Administrative Services. Founded in 1976 by
Harvey Crosby, Crosby Benefit Systems has grown to become a leader in benefits
outsourcing and consulting, servicing over 150 clients across numerous
industries. Crosby's clients include major hospitals, corporations, and
universities. Some clients include Boston Medical Center, Anna Jaques Hospital,
AURUM, LLC, Erland Construction, and Bentley College.

The Newton, Massachusetts-based company combines simple, scalable
solutionswith personal service and innovative technology. Solutions include
Online
Enrollment and Eligibility, FSA/HSA/HRAs, COBRA, Tuition Reimbursement,
Commuter/Parking
and Retiree Billing.

www.crosbybenefits.com

About Thorbahn

Headquartered in Quincy, Massachusetts (just south of Boston), Thorbahn
wasfounded in 1972 and has established a reputation as one of New England's
leading
providers of employee benefit program analysis and strategic planning.
Structured
to support the HR needs of a wide range of organizations -- from small
businesses to respected institutions of higher learning like Babson College and
Brandeis University, and from retailers like office-supply leader WB Mason to
regional operations of multinational corporations, Thorbahn's understanding of
today's
complex benefits marketplace combines with its financial, technical and
strategic
expertiseto meet the needs of even the most sophisticated employers. Visit
www.thorbahn.com.

For more information on how Thorbahn can assist your organization with
designing and delivering a world-class employee benefits program contact John
Thorbahn at jthorbahn@thorbahn.com.

Press Contact:
Patrick Rafter
Email Contact
617-901-2697

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