John J. Morgan and David R. White founded MorganWhiteGroup,
Inc. 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
Johnny Morgan and David
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 or approved to do business in all 50 states
and the U.S. Virgin Island and Puerto Rico. 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,
Professional Indemnity Agency, is a well known underwriting manager
of specialized insurance products.
Late in 2001, MRI was purchased by Houston Casualty
Company, a large publicly traded, 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, Inc. 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's 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 Broker Services 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 "For
In 2006, Morgan-White Group, Inc. recognized the
need for a senior products division and formed our senior benefits
agency, MWG Senior Healthcare, Inc. With baby boomers
all coming to age 65 in the next ten years, the company believes this
agency will come to represent a large revenue producer for MWG.
On March 7, 2007, MorganWhiteGroup, Inc. moved
into its new headquarters building at 5722 I-55 North Frontage Road,
In Jackson, Mississippi, to a new home office location on Interstate
I-55 Frontage Road in Jackson. This new building has been equipped
with the state of the art technology for insurance services and administration.
At the same time, MWG Benefits, Inc. moved into its
new home office building next door to MWG at 5712 I-55 North Frontage
Road in Jackson. We are excited about these two new facilities and
their ability to enhance the services MorganWhiteGroup and MWG
Benefits can provide to their customers.
2008 was a record year for MorganWhiteGroup. New
products were introduced including the new Insurance Lockbox.com. New
dental and supplemental medical products were also introduced and well
received by the market. Each of these new products will enhance the
lives of our customers by giving them choices in insurance not before
offered available. All of these products meet our company's guiding
principle of " find a market that is either under-served or not
served at all and design a product to fit that market.”
Also, 2008 MorganWhiteGroup was selected by Goldline
Research as one of The Ten Most Dependable Insurance Professionals
of the Central United States. This selection was featured in the August
11, 2008 edition of Forbes magazine.
Morgan-White Group, Inc. looks
forward to the challenge of solving customers’ medical, dental
and vision insurance needs today and in the future. MWG is committed
to making the investment in technology, equipment, and personnel to
provide our customers with the latest and most up to date tools necessary
to solve their insurance needs.