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PSA Insurance & Financial Services Acquires Risk Management Firm

PSA Insurance & Financial Services welcomes Councill, an independent risk management and insurance partner, to the PSA team. Councill President Nancy Councill and her eight associates bring deep specialty knowledge within the healthcare industry, with a concentrated focus on nursing homes, assisted living and independent living facilities. The newly-formed team will operate under the name PSA Healthcare Risk Solutions, and are expected to make an immediate and valuable difference to PSA’s existing and future client base.

Established in 2000, Councill is a national leader in the healthcare industry, providing property casualty insurance, third party administration for medical professional liability and general liability claims, and risk management services, including the management of workers’ compensation claims. The firm’s specialty services combine well within PSA’s existing risk management practice, broadening PSA’s national client base, and enabling the firm to work more extensively with Councill’s existing client base to offer retirement plans and employee benefits programs.

“PSA is always searching for elite talent, whether it be an individual or a sizable practice that will strengthen one or several of our concentrations,” said SVP of Business Development, Ed Kushlis. “Nancy Councill and her associates are leaders in the healthcare industry, and having them on our team will be beneficial for her clients and ours.”

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Practice leader, Nancy Councill and two of her associates will be working at PSA headquarters in Hunt Valley, Md., while six others will work remotely from cities across the country. By joining PSA, Nancy Councill and her team will be able to focus exclusively on servicing their existing clients and adding new clients to their portfolio.

“As a niche company, the Councill team has grown its business on industry knowledge, reputation, referrals and results,” said Nancy Councill. “We believe PSA will be an asset to our business in several ways. The PSA brand enables us to provide clients with services not currently offered by Councill, and will enhance productivity and growth through technology, marketing and operational support.”

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For additional information about PSA Insurance & Financial Services, visit www.psafinancial.com. Please direct all media inquiries to Josie Hankey at 410-420-2001 or by email at Josie.Hankey@FallstonGroup.com.

About PSA
In business to protect and grow the assets of our clients since 1928, PSA is the mid-Atlantic’s leading independent multi-disciplined financial services firm specializing in risk management, employee benefits, fiduciary consulting for employer sponsored retirement plans and wealth management. Our vast knowledge, experience and resources enable us to deliver our clients national caliber capabilities with the attention of a local partner.

About Councill
Acknowledged as a national leader in the healthcare vertical for the past 14 years, the Councill team has successfully assisted clients with satisfying all of their insurance needs. Before founding Councill in 2000, Nancy served as Vice President of Risk Management for Integrated Health Services (IHS), a company which operated nursing homes, sub-acute care, assisted living and independent living facilities and operated home health care, mobile x-ray, lithotripsy and other ancillary services. Prior to IHS, Councill spent 13 years with Travelers Insurance, working with both small and Fortune 500 companies in varied industries.

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