Market Overview

MGIS Expands Sales Team with Two Executive Appointments

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SALT LAKE CITY--(BUSINESS WIRE)--

The MGIS Companies, Inc. (MGIS), the nation's leading provider of insurance products and services specifically for physicians, today announced that Steven J. Lempp has been named regional vice president of sales, medical professional liability (MPL), covering the eastern region; and Matthew B. Ririe has been appointed regional vice president of sales, group disability (LTD), covering the western region.

Expanding the sales team in two key regions exemplifies MGIS' growth and continued expansion. In addition to recently being recognized as a “Best Places to Work in Insurance” for the third consecutive year, MGIS offers premier products backed by top-rated carriers. The company's success strategy is driven by its commitment to demonstrating value to clients and delivering the kind of coverage and service physicians expect.

“MGIS' expansion this year reflects our ability to achieve solid growth despite a challenging economic market and uncertainty in the healthcare sector in particular,” said Jeff Brunken, president of MGIS. “Matt brings a strong financial background, and Steve has extensive knowledge of medical liability. Both are excellent additions to a sales team renowned for its expertise and understanding of physician groups and responsiveness to our broker partners nationwide.”

Lempp, who has served in executive positions at MGIS since 2001, will be responsible for strategic business development of the MPL product within the eastern region. He has served in a number of capacities at MGIS, including sales, operations, compliance and litigation management. Prior to joining MGIS, Lempp was regional vice president of business development with The Medical Protective Company. Throughout his career at MGIS, Lempp has built a reputation for excellent service to brokers and enjoys strong relationships with them.

Ririe, a licensed CPA with a master of accountancy, will be responsible for strategic growth of the disability block within the western region. He joins MGIS from PricewaterhouseCoopers, where he served as an experienced associate, focused on providing financial and analytical services to clients. He excels in developing and maintaining strong relationships and enjoys identifying strategic opportunities for his clients. The MGIS sales force reports to Randall Tate, vice president of sales. The LTD national sales team includes regional vice presidents of sales Keith Mangrum, Bob Tretter and Matt Ririe. The national sales team for MPL includes regional vice presidents of sales Ben Swenson and Steve Lempp.

About MGIS

The MGIS Companies, Inc. is the nation's leading provider of insurance products and services specifically for physicians. For more than 43 years the company has provided specialized group disability insurance, medical-professional liability insurance, and practice improvement ancillary products and services to more than 10,000 physician groups, 900,000 group members, and 300,000 physicians nationwide. The MGIS group disability policies are backed by Sun Life Financial®, one of the largest and highest-rated insurance companies in North America. The MGIS medical-professional liability insurance policies are backed by Freedom Specialty Insurance Company, a Nationwide® Company, rated A+ (Superior) by A.M. Best. With a rich tradition of service excellence, MGIS works exclusively through local brokers and benefit advisors to provide the ultimate in personalized, physician-focused insurance services. For more information visit our website www.mgis.com.

Scott Public Relations
Cathy Williams, 818-610-0270
cathy@scottpublicrelations.com

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