29.04.2005 18:24:00
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PMA Management Corp. Names Michael MacAulay Vice President of Sales
Business Editors
BLUE BELL, Pa.--(BUSINESS WIRE)--April 29, 2005--PMA Management Corp., a superior provider of claims and other risk management services to individual and group self-insured programs, and a service affiliate of The PMA Insurance Group, is pleased to announce the promotion of Michael S. MacAulay to Vice President of Sales. Mr. MacAulay is primarily responsible for leading all sales and marketing activities for PMA Management Corp.'s third-party administration and unbundled services in 12 states.
Previously, Mr. MacAulay was Assistant Vice President of Sales, a position he held since 2000. He began his career at PMA in 1987 in the claims area and advanced into positions of increasing responsibility at both The PMA Insurance Group and PMA Management Corp.
"Since Mike joined PMA Management Corp. in 1999, our revenue has more than doubled and our geographic footprint has expanded," said Frank Altiere, President of PMA Management Corp. "Mike has been instrumental in building a strong sales force that focuses on profitable growth. His leadership, passion and proven track record should continue to grow our revenue and enhance our reputation as one of the best TPAs in the region."
Mr. MacAulay earned a Bachelor of Science degree from Temple University in 1987 and earned his Masters of Business Administration from Rutgers University in 2000. He has also received his Chartered Property & Casualty Underwriter (CPCU) and Associate in Claims (AIC) designations.
Founded in 1991, PMA Management Corp. is known for containing and reducing clients' loss costs and exceeding client expectations. The organization focuses on delivering superior claims management, achieving the full potential from managed care initiatives and using cutting-edge management information systems. The company achieved client retention of 93 percent in 2004 and experienced revenue growth of 82 percent since 2000. Headquartered in Blue Bell, Pennsylvania, PMA Management Corp. primarily operates in states from New York to Florida.
The PMA Insurance Group companies and PMA Management Corp. are affiliates of PMA Capital Corporation (NASDAQ:PMACA). PMA Capital has $3.3 billion in assets, as of December 1, 2004.
For more information, please visit our web site: www.pmagroup.com/tpa.htm
Editor's Note: Photo available upon request.
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CONTACT: The PMA Insurance Group Diane Schmidt, 1-800-222-2749, ext. 5136 Diane_Schmidt@pmagroup.com
KEYWORD: PENNSYLVANIA INDUSTRY KEYWORD: INSURANCE HUMAN RESOURCES BANKING MANAGEMENT CHANGES SOURCE: The PMA Insurance Group
Copyright Business Wire 2005
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