SOURCE: MGIS Companies, Inc.

MGIS Companies, Inc.

April 17, 2012 16:49 ET

MGIS Appoints Randall Tate as New Vice President of Sales

Experienced Sales and Industry Expert to Lead Nationwide Sales Team

SALT LAKE CITY, UT--(Marketwire - Apr 17, 2012) - The MGIS Companies, Inc. (MGIS), a leading national provider of insurance products and services specifically for physicians, today announced the appointment of Randall Tate as vice president of sales, with responsibility for sales activities nationwide for all MGIS group disability and medical-professional liability products. Tate fills the role vacated by Joseph Sadowy, who recently left the company to pursue outside opportunities.

"Randy brings a wealth of financial services and insurance industry experience that will be key in strengthening the sales team and growing revenues," said Jeff Brunken, president & CEO of The MGIS Companies. "His strong financial and analytical experience combined with proven sales, strategic and interpersonal skills are an ideal fit for growing our business in close coordination with our partners."

Tate previously served as a regional sales vice president for MGIS, where he grew sales by more than 275% in his territory, and built a strong network of partner, broker and client relationships. He also previously managed the MGIS Consumer-Directed Healthcare division, and most recently served as director of underwriting for all MGIS life and disability product lines.

His prior experience also includes analyst and management positions with JP Morgan Chase and Goldman Sachs & Co. Tate holds a Bachelor of Science in accounting and an MBA.

"Randy has worked in the trenches and understands how to convey the unique value of our products to clients and prospects," said Brunken. "In an increasingly competitive and uncertain healthcare business environment, his depth of experience and management skill will play a key role in helping our company continue a long history of growth and success."

More information about MGIS can be found at

About MGIS
The MGIS Companies, Inc. is a leading national provider of insurance products and services specifically for physicians. For more than 43 years the company has provided specialized group disability insurance, medical-professional liability insurance, and practice improvement ancillary products and services to more than 8,000 physician groups, 800,000 group members, and 135,000 physicians nationwide. The MGIS group disability policies are backed by Sun Life Financial, one of the largest and highest-rated insurance companies in North America. The MGIS medical-professional liability insurance policies are backed by Freedom Specialty Insurance Company, a Nationwide® Company, rated A+ (Superior) by A.M. Best. With a rich tradition of service excellence, MGIS works exclusively through local brokers and benefit advisors to provide the ultimate in personalized, physician-focused insurance services.

Contact Information

  • Contact information:
    Mark Dayton
    Vice President of Marketing
    The MGIS Companies, Inc.
    801-990-2400 x154