Benefytt Technologies Director Ellen Duffield Resigns

4/18/20

TAMPA, Fla., April 14, 2020 (GLOBE NEWSWIRE) -- Benefytt Technologies, Inc. (NASDAQ: BFYT), a health insurance technology company and leading marketplace for Medicare-related health insurance plans, today announced that Ellen M. Duffield has resigned as a director of Benefytt Technologies, Inc. effective April 9, 2020. In light of the Company’s recent shift in focus towards the Medicare segment and Ms. Duffield’s role within a managed care organization which serves Medicaid and Medicare populations, Ms. Duffield determined that it was an appropriate time for her to resign as a director of the Company in order to avoid potential future conflicts of interest.

Gavin Southwell, President and Chief Executive Officer of Benefytt, said, “We would like to thank Ms. Duffield for her commitment and contributions to the Company and its board of directors and wish her well in future endeavors. With our shift in focus toward our Medicare segment we understand that this is now an appropriate time for her to resign.”

In connection with Ms. Duffield’s resignation, the size of the Company’s board of directors has been reduced to seven members, although the board may determine to expand the number of directors in the future.

About Benefytt Technologies, Inc.

Benefytt Technologies, Inc. (NASDAQ: BFYT) is a health insurance technology company that primarily engages in the development and operation of private e-commerce health insurance marketplaces, consumer engagement platforms, agency technology systems, and insurance policy administration platforms.

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