The current market leaders could run into some challengers.
The MGIS Companies, Inc., a provider of insurance products and services specifically for physicians, announced that industry veteran William T. Lawrence returns to MGIS as Director of Underwriting.
According to a release, Lawrence has 26 years of experience in professional Group and Individual Disability and Life insurance, much of it working in the physician group marketplace. He has worked with carriers such as Sun Life Financial, which backs the MGIS group disability and life policies.
"We are pleased to welcome Bill back to MGIS. He is known throughout the Physician Group Disability marketplace as a true expert on contracts, the market and disability trends; and his breadth of experience in all aspects of the physician insurance marketplace is a great complement to our team and our products," said Todd Orullian, Chief Operating Officer for MGIS Group Benefits.
Lawrence's background spans all aspects of insurance, including underwriting, service, sales, contract development and consulting. Prior to returning to MGIS, he was an independent broker, focusing on attorney and physician groups. He has also been a national business consultant specializing in physician group disability and life insurance development, marketing and sales for some of the largest disability insurance carriers.
After serving 12 years as a U.S. Air Force officer, Lawrence began his insurance career in 1986 at Unum, a Fortune 500 company that provides financial protection benefits, where he served in both local and regional service management positions in the Unum Western region. In 1993 he opened Unum'sSalt Lake City group sales office. From 1997 to 2005, Lawrence held the position of MGIS National Product Marketing Director, which included managing renewal underwriting strategies, developing contracts and providing marketing and competition comparison materials.
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