John J. Morgan and David R. White founded MorganWhiteGroup
(www.morganwhite.com) in 1987.
The business started out primarily focusing on payroll deduction supplemental
insurance products. That first company of the group, Morgan-White, Ltd.,
which has now been divided into two companies, was and is the largest
of the group's revenue producers.
Johnny
Morgan and David White
In 1990, Mississippi Risk Management, Inc. (now Morgan-White Underwriters,
Inc.), was founded as the group's property and casualty agency. This
company began as a manager for self-funded worker's compensation groups.
Today MWU serves specialty risks for E&O markets.
In 1992, Morgan-White Administrators International,
Inc. began to administer major medical policies for insurers in Latin
America. Prior to that time, the policies were administered by outside
subcontractors. Today MWAII, which is located in Miami, Florida, is
recognized as one of the most efficient and trusted third-party administrators
in the International medical insurance field.
Morgan-White Administrators, Inc., the domestic third-party
administrator for the group, was founded in 1997 and is now licensed
in 48 states in the U.S. MWA presently has contracts for administration
with over 50 different U.S. insurers and an emphasis on consolidated
billing, policy issuance and collection of premiums.
All of the operating companies of MorganWhiteGroup were purchased by
Marshall Rattner, Inc. of Mount Kisco, New York, in April of 2000. Marshall
Rattner, Inc.'s main operating company is Professional Indemnity Agency,
a well known underwriting manager of specialized insurance products.
(See PIA's website at www.piaint.com.)
Late in 2001, MRI was purchased by Houston Casualty
Company, an insurance company holding company. Johnny Morgan and David
White were given the opportunity to purchase the MorganWhite operating
companies again. They took the opportunity to buy back the companies
they founded, and this purchase was made by MorganWhiteGroup, Inc. which
is now the holding company for all of the MorganWhite operating companies.
In January of 2002, Morgan-White Reinsurance Intermediaries
was formed. With reinsurance markets in turmoil since the events of
September 11, 2001, MorganWhite felt it could help insurance companies
solve their reinsurance needs by contributing their vast experience
gained through working with the world’s top reinsurers.
In 2005, Morgan-White Group, Inc. Board of Directors
made the decision to divide Morgan-White, Ltd., the group’s oldest
corporation, into two new entities. MWG Benefits, Inc.
was the name given to the agency and direct sales division of the company.
MWG Benefits has become one of the premier employee benefits agencies
in Mississippi and surrounding states with offices in Greenville, Jackson
and Oxford, Mississippi (See "For
Employers"). MWG Marketing, Inc. was the name
given to the brokerage division. This new company markets proprietary
products developed by MWG with some of the top insurance companies in
the country (See "Broker Support").
In 2006, Morgan-White Group, Inc. recognized the
need for a senior products division and formed our senior benefits agency,
MWG Senior Healthcare. With baby boomers all coming to age 65 in the
next ten years, we believe this agency will come to represent a large
revenue producer for MWG.
In 2007, Morgan-White Group, Inc. will move from
its present location In Jackson, Mississippi, to a new home office location
on Interstate I-55 Frontage Road in Jackson. This new home office will
have state of the art technology for insurance services and administration.
We are excited about this new facility.
Morgan-White Group, Inc. looks forward to the challenge
of solving customers’ medical, dental and vision insurance needs
today and in the future.