Salt Lake City-Based MGIS Expands Footprint into Utah Market

SALT LAKE CITY--(BUSINESS WIRE)--

The MGIS Companies, Inc. (MGIS) and Freedom Specialty, a Nationwide Insurance company, today announced entre into the Utah medical malpractice insurance market. For more than 40 years, MGIS has been an innovative leader in providing a broad range of insurance products and services uniquely designed for physicians throughout the U.S. Headquartered in Salt Lake City, UT since 1997, this nationally recognized company in partnership with Freedom Specialty will for the first time provide Utah physicians with a local insurance partner for globally-ranked, locally underwritten and uniquely cost-effective malpractice insurance.

With the recent acquisition of the former Utah Medical Insurance Association by MMIC Insurance, Inc., a Minnesota domiciled insurance company and the subsequent move of that companys headquarters and leadership away from Utah to Minnesota, MGIS saw a strong need and opportunity to expand its footprint in its home state. Now, as the only malpractice provider headquartered in Utah, MGIS offers Utah physicians increased security and peace of mind with an experienced and highly respected insurer.

MGIS has a rich history of working with physicians, who are currently experiencing major change and uncertainty; and now more than ever they need to feel secure and protected over the long term, says Jeff Brunken, president of MGIS. By bringing this unique malpractice program to Utah doctors, our goal is to not only provide the highest quality insurance program at the lowest cost, but have them look to us as their local, trusted insurance partner who only have their best interest in mind.

Through its partnership with Freedom Specialty, one of the strongest and highest-rated insurance carriers in the U.S., MGIS is able to offer Utah physicians maximum value with the greatest security at highly competitive prices. Utah physicians may qualify for Elite pricing at up to 30 percent cost savings*.

As the neighborhood insurance provider, we couldnt be more excited to bring our expertise to Utahs physicians, said Brunken. Having all underwriting decisions and the entire MGIS leadership team from sales to operations all based right in our doctors home turf enables us to deliver more effective and personal service. More than 40 years of experience serving physicians has given us a deep, genuine understanding of their needs and interests. We look forward to putting all of that to work here in the Utah malpractice arena, for the benefit of doctors and patients alike.

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 http://www.mgis.com.

* Subject to underwriting guidelines, review, and approval

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Salt Lake City-Based MGIS Expands Footprint into Utah Market