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FedPoint announces retirement of longtime CEO Paul Forte

PORTSMOUTH — Federal insurance and benefits administrator FedPoint announced CEO Paul Forte was set to retire on March 1, 2024, after 22 years of distinguished service heading the company and more than 40 years in the insurance industry.

Over two decades under Forte’s leadership, the company won repeated renewals of its federal contracts: the Federal Long Term Care Insurance Program (FLTCIP), the largest group long term care insurance (LTCI) program in the country, and BENEFEDS, an online benefits marketplace used by millions of federal civilian and military enrollees in the Federal Employee Dental and Vision Insurance Program (FEDVIP). Over that stretch, FedPoint flourished, expanding its service offering and seeing steady growth in the company’s enrollment base across the benefits programs it administers for the U.S. Office of Personnel Management (OPM).