1990



3,588

Policyholders:
Health Care Professionals



$28.9M

Direct Written Premium


N/A

Policyholders:
Hospitals and Facilities


$42M

Policyholder Surplus


44

Employees
N/A

Policyholder Dividends


LEADERSHIP


David P. Bounk
President & CEO

George V. Tangen, M.D.
Board Chair


COVERAGE
AREA


Minnesota, North Dakota, South Dakota

MINNESOTA, NORTH DAKOTA,
SOUTH DAKOTA

MMIC celebrates its 10th anniversary. The company stops collecting new surplus contributions and returns 1/6 of the originally collected surplus. MMIC has more than $116 million in assets and more than $33 million in shareholder's equity. The company's first decade is one of growth far beyond the original founders' expectations.