MARPAI RECOGNIZED AS 2025 TOP THIRD PARTY ADMINISTRATOR

Rhea-AI Summary

Marpai (OTCQX: MRAI) was recognized as a Top Health Plan Third Party Administrator for 2025 by Insurance Business Review Magazine on October 14, 2025.

The award cites Marpai's technology-driven model emphasizing Smarter Tools, Better Care, and Real Savings, its focus on anticipating high-cost events, and its role beyond claims processing in the $150 billion TPA sector. The selection followed nominations and an evaluation by an expert panel of C-level executives, industry leaders, and the magazine's editorial board. Management said the accolade validates the company’s innovation and value proposition for clients and members.

Recognition Highlights Company's Stellar Reputation and Technology-Driven Approach to Smarter Healthcare and Real Savings

TAMPA, Fla., Oct. 14, 2025 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (OTCQX: MRAI), an independent national Third-Party Administration ("TPA") company today announced it has been recognized as a TOP HEALTH PLAN THIRD PARTY ADMINISTRATOR for 2025 by Insurance Business Review Magazine.

The prestigious accolade is in recognition of Marpai's stellar reputation and trust among customers and industry peers, which was evident in the numerous nominations received on behalf of Marpai by the publication. Marpai was selected after an exhaustive evaluation conducted by an expert panel of C-level executives, industry thought leaders, and the editorial board of Insurance Business Review Magazine.

"We are pleased to recognize Marpai as the Top Health Plan Third Party Administrators in 2025," said Raven Mcguire, Managing Editor of Insurance Business Review. "Marpai's commitment to leveraging technology, data-driven insights, and compassionate care has redefined what employers and members can expect from a modern TPA. We congratulate Marpai on this well-deserved honor and look forward to witnessing their continued innovation and leadership in transforming healthcare administration."

The award recognizes Marpai's commitment to transforming health plan administration by leveraging advanced technology—a key differentiator in a sector often focused on only paying claims. The Company's approach centers on Smarter Tools, Better Care, and Real Savings, anticipating high-cost health events and guiding members to the right care, which ultimately improves member health and reduces overall claims costs.

"This award validates our unwavering focus on innovation and value in the $150 billion TPA sector," said Damien Lamendola, CEO of Marpai, Inc. and Director. "We are not just a claims processor; we are a technology platform that is building smarter healthcare, delivering better outcomes, and creating real, measurable savings for our clients. This recognition from the industry is a testament to the deep confidence our team, our technology, and our clients place in our mission to execute on a strategy that is truly disrupting this massive market."

About Marpai, Inc.

Marpai, Inc. (OTCQX: MRAI) is a technology platform company which operates subsidiaries that provide TPA and value-oriented health plan services to employers that directly pay for employee health benefits. Primarily competing in the $150 billion TPA sector and $550 billion Pharmacy Benefit Management ("PBM") industry serving self-funded employer health plans representing over $1.5 trillion in annual claims. Through its Marpai Saves initiative, the Company works to deliver the healthiest member population for the health plan budget. Operating nationwide, Marpai offers access to leading provider networks including Cigna and all TPA services. For more information, visit www.marpaihealth.com, the content of which is not incorporated by reference into this press release. Investors are invited to visit https://ir.marpaihealth.com.

About Insurance Business Review Magazine

Insurance Business Review is leading print and online publication dedicated to providing insightful coverage of the insurance industry with a mission to deliver in-depth analysis and expert commentary on the latest trends, challenges, and opportunities facing insurance businesses around the world. For more information visit: www.insurancebusinessreview.com

Forward-Looking Statement Disclaimer

This press release contains forward-looking statements, as that term is defined in the Private Litigation Reform Act of 1995, that involve significant risks and uncertainties. Forward-looking statements can be identified through the use of words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," "guidance," "may," "can," "could", "will", "potential", "should," "goal" and variations of these words or similar expressions. For example, the Company is using forward looking statements when it discusses that the accolade is in recognition of its stellar reputation and trust among customers and industry peers, that its approach, which centers on Smarter Tools, Better Care, and Real Savings, anticipating high-cost health events and guiding members to the right care, ultimately improves member health and reduces overall claims costs, the award validates its unwavering focus on innovation and value in the TPA sector, the benefits of its technology and that the recognition is a testament to the deep confidence its team, technology, and clients place in its mission to execute on a strategy that is truly disrupting the TPA market. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect Marpai's current expectations and speak only as of the date of this release. Actual results may differ materially from Marpai's current expectations depending upon a number of factors. These factors include, among others, adverse changes in general economic and market conditions, competitive factors including but not limited to pricing pressures and new product introductions, uncertainty of customer acceptance of new product offerings and market changes, risks associated with managing the growth of the business. Except as required by law, Marpai does not undertake any responsibility to revise or update any forward-looking statements whether as a result of new information, future events or otherwise.

More detailed information about Marpai and the risk factors that may affect the realization of forward-looking statements is set forth in Marpai's filings with the Securities and Exchange Commission. Investors and security holders are urged to read these documents free of charge on the SEC's web site at http://www.sec.gov.

View original content to download multimedia:https://www.prnewswire.com/news-releases/marpai-recognized-as-2025-top-third-party-administrator-302583912.html

SOURCE Marpai

FAQ

What did Marpai (MRAI) announce on October 14, 2025?

Marpai announced it was named a Top Health Plan Third Party Administrator for 2025 by Insurance Business Review Magazine.

How does the 2025 award reflect on Marpai's business strategy (MRAI)?

The award highlights Marpai's emphasis on technology-driven care, data insights, and cost-avoidance strategies rather than only claims processing.

Could the Insurance Business Review recognition affect Marpai's (MRAI) client growth?

The announcement positions Marpai as a trusted TPA partner, which may support client marketing and sales efforts; no contract metrics were disclosed.

Who evaluated Marpai for the 2025 Top TPA recognition?

An expert panel of C-level executives, industry thought leaders, and the editorial board of Insurance Business Review conducted the evaluation.

What sector size did Marpai reference in the 2025 award announcement?

Marpai referenced the $150 billion third-party administration sector in its announcement.