Positive Physicians Insurance Company Announces That Lewis Sharps, MD Is Stepping Down as Chief Executive Officer, Board Appoints Michael Roque as Successor
05/16/2022 - 02:00 PM
BERWYN, Pa. --(BUSINESS WIRE)--
Positive Physicians Insurance Company (PPIC), a leading medical professional liability insurer serving healthcare providers across 10 states, announced that Lewis Sharps , MD, founder of Positive Physicians Insurance Exchange in 2002 and having been a critical component of the company’s growth over the past 20 years, is stepping down from his position as Chief Executive Officer. Given his long history and experience with the company and the industry, Dr. Sharps will remain in an advisory role as Founder Emeritus with the Company. Michael G. Roque , who joined PPIC as President in 2021, will now assume the role of President and CEO, effective immediately.
Dr. Sharps noted, “I leave Positive with full confidence in Michael and the management team I have built over my time here and have no doubt they are well equipped to drive the company forward.”
Michael Roque added, “On behalf of our board, I want to thank Dr. Sharps for his leadership and commitment to Positive over the last 20 years. His guidance has the company well-positioned to achieve significant growth and change the landscape of the MPL industry.”
About Positive Physicians Insurance Company
Positive Physicians Insurance Company , a Pennsylvania domiciled insurance company, is a wholly owned subsidiary of Positive Physicians Holdings, Inc. (OTCQX: PPHI). The Company underwrites medical professional liability coverage for physicians, their corporations, medical groups, clinics, and allied healthcare providers. Medical professional liability insurance protects physicians and other healthcare providers against liabilities arising from the rendering of, or failure to render, professional medical services. Positive Physicians Insurance Company offers claims-made coverage, claims-made plus, occurrence-based policies as well as tail coverage in Pennsylvania , New Jersey , Ohio , Delaware , Maryland , South Carolina , Michigan , Florida , Texas , and Georgia . For more information, please visit www.positivephysicians.com .
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Shaun S. Fisher
SVP of Marketing & Business Development
(610) 644-5262
Source: Positive Physicians Insurance Company
Positive Physicians Holdings Inc
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Direct Property and Casualty Insurance Carriers
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Finance and Insurance
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Financial Conglomerates, Property/Casualty Insurance, Finance, Finance and Insurance, Direct Property and Casualty Insurance Carriers
About PPHI
as the one of the only physician created, professionally managed insurance companies in the country, positive physicians offers a concierge focus on specialty practices. this affords the company the luxury of being true experts at risk management, arming clients with essential education and information to protect their practices, while mitigating risk and reducing rates. this distinct concentration on affordable coverage coupled with an acute awareness of client needs has enabled positive physicians to design an intelligent business model that rewards its members with rate stability, claim predictability and on-going peace of mind. peace of mind that has resulted in 95% client retention since our inception. today, positive physicians insurance exchange serves hundreds of specialty practices and operates in new jersey, delaware, maryland, and ohio, as well as pennsylvania. the company has been assigned a financial stability rating® of a’ (a prime), unsurpassed from demotech, inc. this r
