(Woodbridge, NJ)--June 13th
2003-- National Insurance Programs (NIP),
organizer and parent of the Attorney-In-Fact for the Conventus
Inter-Insurance Exchange, has appointed Barry M. Barron, CPCU,
division President and Lyn W. Winters, CPCU, Vice President/Chief
Underwriting Officer.
Conventus Inter-Insurance Exchange, New
Jersey’s only physician owned and governed medical malpractice insurance
reciprocal, was formed in 2002 to provide a solution to New Jersey’s
medical malpractice insurance crisis.
"We are pleased to welcome Barry and Lyn to the NIP
Management team. Their talent, experience and deep understanding of New
Jersey’s medical malpractice market will help us manage Conventus’
growth and provide New Jersey physicians with stable, quality,
affordable medical malpractice insurance over the long term," Mr. Augustyn
commented.
Mr. Barron will lead the operations of the new division.
Ms. Winters will be responsible for all underwriting operations.
Mr. Barron joins NIP following 25 years in leading the
national healthcare business for Zurich North America, AIG and The St.
Paul Companies. Mr. Barron earned a BBA at Temple University in
Philadelphia where he majored in Economics with a minor in Insurance and
Finance. He has participated in numerous executive education programs and
earned his CPCU in 1988.
"I am thrilled to be joining NIP Management Company to
focus on the growth of Conventus. Conventus is an
outstanding alternative to the commercial medical malpractice insurance
market. Physicians who join the Exchange will have greater control over
the direction of the company ensuring that they will have affordable
medical malpractice insurance coverage for many years to come."
Ms. Winters joins NIP with 25 years experience in various
senior positions in underwriting at Princeton Insurance Company. Most
recently she was AVP of Underwriting, responsible for both institutional
and individual physician medical malpractice business. Ms. Winters is a
member of the American Society for Healthcare Risk Management, The New
Jersey Chapter of the CPCU Society and the Professional Liability
Underwriting Society.
"Though I have spent most of my career underwriting
medical malpractice insurance, I am very excited to become part of company
that is both owned and governed by its physician-members. The
Conventus approach is sorely needed in a market that has been
plagued by insurance companies with conflicting priorities.
Conventus has one main priority, providing stable coverage to New
Jersey physicians, so we will not be distracted by other issues."
Conventus Inter-Insurance Exchange is a
not-for-profit, non-assessable reciprocal insurance exchange providing
medical malpractice insurance in New Jersey. Conventus is a
mutual-type insurance company, owned and governed by its physician
policyholders. Conventus provides quality medical
malpractice insurance coverage that is affordable over the long term to
individual physicians and surgeons who conduct more than 75 percent of
their practice in the state of New Jersey.
National Insurance Programs (NIP) is one of the 125
largest U.S. insurance intermediaries. It provides custom insurance and
employee benefits solutions to select business groups. NIP operates three
divisions: Program Management; Group Self Insurance Management; and
Retail.
