BOSTON, MA--(Marketwire - October 04, 2011) -
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Coverys (formerly ProMutual Group), a leading provider of medical professional liability insurance, announces that Gregg L. Hanson will succeed Richard W. Brewer as President and Chief Executive Officer upon his retirement on December 31, 2011.
Hanson, at present the Chief Operating Officer of Coverys, has been with the company 11 years and has worked beside Brewer as the company experienced successful and profitable expansions down the Eastern Seaboard and across to the Pacific coast. “Gregg is well qualified to lead Coverys into the future and I am confident that the company will continue to thrive with him at the helm,” said Brewer. “Gregg has continuously demonstrated his expertise and leadership in many areas. He has contributed significantly to improvements and initiatives that have led to Coverys’ current strength and success.”
Following Brewer’s announcement earlier this year of his retirement, the company’s Board of Directors undertook an intensive search process for a new President and CEO. A field of candidates from both outside and within the organization was considered. “The best person for the job proved to come from within the company’s ranks,” said Kenneth A. Heisler, M.D., FACS, Chairman of the Board. “Added to Gregg’s many qualities as both leader and manager is the benefit of his intimate knowledge of our industry and of Coverys’ operations in particular. The Board is pleased to witness the company’s transition from one great leader to the next.”
Prior to his current role, Hanson served as the company’s Senior Vice President of Underwriting and also oversaw the Marketing, Risk Management and Physician Education Departments. Prior to joining Coverys in 2000, he was Senior Vice President of Southern Operations and Underwriting for ProNational Insurance Company. Past positions include numerous executive positions with the St. Paul Insurance Company encompassing underwriting, marketing and operational management throughout the Midwest and Florida.
Hanson is a graduate of the University of North Dakota where he received a Bachelor of Science degree in Business Administration. He is a member of The American Society of Healthcare Risk Management and The Professional Liability Underwriting Society.
He and his wife, Deb, reside in North Attleboro, Massachusetts. They have two grown children.
For more information about Hanson or to request an interview please contact Katharine Gould, public relations specialist, at (617) 946-8665 or kgould@coverys.com. For more information about Coverys, visit www.coverys.com.
About Coverys (formerly ProMutual Group)
Coverys is one of the top 10 medical professional liability insurance providers in the country based on direct written premium. Coverys member companies insure more than 20,000 physicians, surgeons, dentists, certified nurse midwives and allied healthcare providers as well as nearly 500 hospitals, health centers and clinics in 22 states from coast to coast. Coverys has net admitted assets in excess of $3.0 billion as of December 31, 2010. Coverys member companies Medical Professional Mutual Insurance Company, ProSelect Insurance Company, MHA Insurance Company and Washington Casualty Company have a Best’s Rating of A- (Excellent). Other Coverys member companies include FinCor Solutions, a multi-line insurance agency, and the Risk Management and Patient Safety Institute, which focuses on clinical risk reduction, quality patient outcomes and education. Coverys as a whole is acknowledged as a leader in providing risk management and claim services to the healthcare community, and it offers risk management consultations and educational activities to healthcare providers across the country. For more information on the enterprise and its member companies, visit the Coverys website at www.coverys.com.
Media Contact:
Katharine Gould
(617) 946-8665
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