The MGIS Companies, a Salt Lake City-based provider of physician insurance products, said it has sold its medical liability insurance brokerage unit, MGIS P&C.
The business unit’s accounts and in-force policies were purchased by two separate buyers, Doctors First Inc. and Hub International Limited.
Betty Mangery, a spokeswoman for Doctors First, an insurance firm that caters specifically to the medical field and specializes in professional liability coverage, said that acquisition will enhance that company’s retail operation and helps grow its product lines. Salt Lake Tribune
