Rip Tilden Joins Andesa Services Board of Directors

ALLENTOWN, PA, January 28, 2016 – Andesa Services announces the addition of Rip Tilden to the company’s Board of Directors effective January 1, 2016.

“Andesa was seeking an individual to join our Board who could contribute strategic value to our employee-centric culture and governance processes,” said John Walker, Andesa’s Founder and Chairman. “We are extremely pleased to welcome Rip to the Andesa Board, and are confident that his integrity, deep experience, and broad insights will provide valuable guidance as we work to capitalize on our company’s strong customer relationships and industry-leading technology.”

Mr. Tilden is a partner with Makarios Consulting LLC in Malvern, PA, and serves as leader of their strategy and execution practice. He works to help a wide range of organizations clarify their vision and drive successful execution to sustain strong performance. Prior to joining Makarios, Mr. Tilden held senior leadership roles in three Philadelphia-area companies. He and his business partner, Tim Thomas, recently published: Leading on Purpose- Sage Advice and Practical Tools for Becoming the Complete Leader.

“I am honored to have the opportunity to serve on the Andesa board,” commented Tilden. “Andesa is a unique company, with an incredibly strong track record of success bringing innovative solutions to insurance-industry clients. The management team and board are passionate about helping clients grow and helping the employee team grow. I will do all I can to contribute to their success in the coming years.”

Mr. Tilden earned his Bachelor of Arts degree from DePauw University and his MBA from the University of Chicago. He also is a project faculty member at the Wharton School at the University of Pennsylvania.

About ANDESA SERVICES

Founded as Andesa Companies in 1983, Andesa Services was a pioneer in the field of corporate-owned life insurance (“COLI”) and bank-owned life insurance (“BOLI”) policy administration. The Company began administering its first large-case COLI business in 1987. Today, more than 30 years later, the Company partners with numerous insurance companies, including 7 of the top 13 life and annuity carriers, and several top distributors. The Company offers a suite of services through software-as-a-service (“SaaS”) and business process outsourcing (“BPO”) models using streamlined, secure cloud technology. Andesa offers hosted administration and illustration services for any type of product or block, and provides administrative support for complex plan and product offerings.