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Homegrown insurance carrier knows Mississippi marketplace.

Publication: Mississippi Business Journal
Publication Date: 27-JUN-05
Format: Online - approximately 802 words
Delivery: Immediate Online Access
Full Article Title: Homegrown insurance carrier knows Mississippi marketplace.(Mississippi Insurance Managers Inc.)

Article Excerpt
JACKSON -- There's nothing else in the state quite like Mississippi Insurance Managers Inc. (MIM). Representing a number of national insurance carriers, the financial and operations management services company was formed in 1984 to serve independent insurance agencies. But six years ago, MIM went a step farther and created an insurance company to fill a void left by national carriers with little interest in Mississippi

According to MIM president Thomas Quaka, the state represents sixth-tenths of 1% of the insurance business in the United States. "Mississippi was not the crown jewel of the insurance industry. We were representing companies that were showing less and less interest in the state," he said. "We saw a window of opportunity and, with...

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