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Cowan Joins Conseco as Senior Vice President of Operations

CARMEL, Ind., Oct. 20 /PRNewswire-FirstCall/ -- Conseco, Inc. (NYSE: CNO) announced that Grace E. M. Cowan will join the company as senior vice president of operations, effective October 27. She will report to Russ Bostick, Conseco's executive vice president of technology and operations. Her responsibilities at Conseco will include policyholder service, claims, consumer relations, and output and records management.

Ms. Cowan, 49, most recently served as senior vice president and national director of Aon Consulting's life, disability and elective benefits practice. Previously she served eight years at Metropolitan Life Insurance Company as senior vice president of customer service, underwriting and operations. At MetLife, she was accountable for the company's interactions with 57,000 groups and 40 million individual customers. A licensed attorney, she has 25 years of experience in health care and health insurance, including four years as chief operating officer for Chicago Health System and 13 years with Blue Cross Blue Shield of Illinois.

"We are fortunate to have an executive of Grace's experience and stature joining our team, and we look forward to her leadership as we advance our efforts to reduce cost and improve quality and customer focus," Bostick said.

Ms. Cowan earned a B.S. degree in business from Northern Illinois University, and a J.D. degree from the University of Iowa. She is a member of the Chicago Bar Association, the Illinois Bar Association and the American Bar Association.

Conseco, Inc.'s insurance companies help protect working American families and seniors from financial adversity: Medicare supplement, long-term care, cancer, heart/stroke and accident policies protect people against major unplanned expenses; annuities and life insurance products help people plan for their financial futures. For more information, visit Conseco's web site at

SOURCE: Conseco, Inc.

CONTACT: (News Media) Tony Zehnder, Corporate Communications,
+1-312-396-7086, or (Investors) Scott Galovic, Investor Relations,
+1-317-817-3228, both of Conseco, Inc.

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