Douglas H. Helm-Director FVRL....
Pres. and COO of Plenary which is a subsidiary of Employers Direct Corp. Employers Direct is owned by Alleghany Corporation NYSE symbol Y, Market Cap: 2.25B. Plenary works with 700 large employers who have 190,000 employees. Seems like a natural place for MMR offered as a value added benefit to these 190,000 employees. Looking for Lorsch and FVRL director Helm to craft a deal. This will mean mymedicalrecords.com would hook up with a 2 billion dollar NYSE company. I'm looking for many possible deals like this from Lorsch.
Robert Lorsch on MMR: The majority of our revenue will come from affiliate members and group membership plans, like unions, employers and associations. The product is also used by employers as an employee benefit and labor unions and affinity groups as a value added member benefit.
Current MMR customers include AFL-CIO unions, Alexian Brothers Hospital Network, Coverdell, MedicAlert, Midwest Research Institute, Qvisory, and XN Financial. MMR is also a Google Health Integrated Service Provider. The company has license agreements to sell its products in several other countries around the world.
Mr. Helm is President and Chief Operating Officer of Plenary Insurance Services. Mr. Helm also currently serves as Vice President of Business Development for Employers Direct Insurance Services
Plenary Insurance Services Announces Company Launch
Wed Jan 9, 2008 1:33pm EST
WESTLAKE VILLAGE, Calif.--(Business Wire)--Plenary Insurance Services, Inc., a new employee benefits consulting firm located in Westlake Village, has officially opened its doors for business to serve the needs of California employers. The company's mission is to bring order to the chaos now faced by employers in managing their employee benefit plans. Plenary, as a wholly-owned subsidiary of Employers Direct Corporation, will initially work with the over 700 policyholders and their 190,000 employees for whom Employers Direct provides workers' compensation insurance. .
About EMPLOYERS DIRECT INSURANCE COMPANY
Employers Direct Insurance Company is California`s only specialty direct writer
of workers` compensation insurance. Rated "A-" (Excellent) VIII by A.M. Best,
Employers Direct has been widely accepted by business owners throughout
California
ALLEGHANY CP-(NYQ: Y)-Market Cap: 2.25B
On a consolidated basis, cash and invested assets were approximately $4.43 billion at June 30, 2008.
Alleghany Corporation (Alleghany), incorporated in 1984, is engaged, through Alleghany Insurance Holdings LLC (AIHL) and its subsidiaries RSUI Group, Inc. (RSUI), Capitol Transamerica Corporation (CATA), Darwin Professional Underwriters, Inc. (Darwin) and Employers Direct Corporation (EDC), in the property and casualty and surety insurance business
Any posts I make are purely my own opinions and not those of the Companies I discuss.
AI
