Millennium Brokerage Group Announces AMA Insurance Agency Agreement

NASHVILLE, Tenn., Sept. 29 /PRNewswire/ -- Millennium Brokerage Group ("MBG") today announced that it has signed an exclusive contract with the AMA Insurance Agency ("AMAIA") to provide an internet-based sales and management platform that offers physicians access to insurance and financial services products tailored to their specific needs. The platform will assist producers with the sale and support of insurance and financial services products and provide physicians important educational material to help them become more knowledgeable about the products and services most relevant to their practice.

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As part of this new initiative, AMAIA and MBG will be appointing a nationwide network of advisors and organizations. These advisors and organizations will be some of the most experienced in the industry who, along with MBG's platform, will offer physicians more efficiency, experience, and cost-effective access to financial and insurance services.  The initial rollout of this platform and services is expected by year end of 2010.

"It is an honor to be chosen by the AMAIA to provide a platform of products and services that will allow physicians to better manage the financial challenges facing them today and in the future," said William Zelenik, CEO of MBG.  Mr. Zelenik believes that "MBG is uniquely qualified to manage this project with its advanced technology and national distribution network."

J. Christopher Burke, President of AMAIA, went on to say, "We're excited about bringing the vast resources of the MBG platform to America's physicians.  The educational components of the platform create a wonderful resource to learn about a variety of financial concepts, which clearly aligns with our goal of helping physicians take care of their own financial well-being."

The AMA Insurance Agency, Inc., established in 1988, is a wholly owned subsidiary of the American Medical Association.  AMAIA is one of the largest association-owned agencies in the United States and is dedicated to meeting the insurance needs of physicians, medical students, and their families.  

Founded in 1998, Millennium Brokerage Group is a leading provider of planning, insurance, and financial services solutions. Millennium has operations with offices delivering advanced underwriting and planning services through advisors, banks, broker dealers, financial professionals, and family offices nationwide.

SOURCE Millennium Brokerage Group