JACKSONVILLE, Fla., July 1, 2014 (GLOBE NEWSWIRE) -- Jacksonville-based MedMal Direct Insurance Company (MedMal Direct) welcomes Frank Snyder as a Regional Vice President for the company. In this role, Snyder will be responsible for the development and execution of the medical malpractice insurance sales and service strategies in the North Carolina market.
Butler Ball, Chief Executive Officer of MedMal Direct, said, "We at MedMal Direct have pledged our commitment to the physicians and surgeons of North Carolina and we are thrilled that Frank has decided to join our team. Frank has long been one of North Carolina's most respected MPL insurance professionals and his experience in the North Carolina market will be a valuable addition to our team."
Frank Snyder most recently served as Director of Special Accounts for MAG Mutual in North Carolina and has been helping his insurance clients for over 19 years. After graduating from the University of Georgia and serving in law enforcement, Snyder began his insurance career with Sentry Insurance in 1995. After advancing at Sentry Insurance and moving on to Liberty Mutual and then Brown & Brown, Snyder entered the medical malpractice insurance industry as an account manager at MAG Mutual in 2003. Since then, he has spent the past 11 years in various roles servicing the physician and surgeon clients of MAG Mutual. Snyder holds a Certified Insurance Counselor (CIC) designation and a Certified Risk Manager (CRM) designation.
"We are extremely pleased that Frank has joined the MedMal Direct team to help us grow and serve our doctors," said Tim Bone, President of MedMal Direct. "Physicians across North Carolina are experiencing how much they can save by cutting out the middleman with our direct-write distribution model. At a time when our healthcare providers are faced with so many unknowns, it's nice to be able to rely on one certainty: MedMal Direct saves their practice money with an unwavering commitment to service, defense and financial stability."
About MedMal Direct Insurance Company:
MedMal Direct Insurance Company (MedMal Direct) is one of the fastest growing professional liability insurance companies in the nation and is the only national medical malpractice insurance carrier to exclusively offer its policies direct to physicians. The company currently operates in Florida, Georgia, Illinois, North Carolina and Texas and enables physician practices to realize significant savings on one of their largest expenses -- medical professional liability insurance premiums. MedMal Direct has earned and maintains a Financial Stability Rating® of A, Exceptional, from Demotech, Inc. and is backed by a panel of A.M. Best A (Excellent) and A+ (Superior) rated international reinsurers with $125 billion in assets. With a strong balance sheet, a conservative underwriting philosophy, and outstanding litigation management, MedMal Direct provides physician practices with the comfort and protection they need at a lower price. "It's Better To Be Direct." Visit www.mymedmal.com for more information.