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Board of Directors

The founding members of the Board of Directors are honored to establish traditions to ensure the continuing financial strength of MedMal Direct Insurance Company.

Carter B. Bryan, Chairman

The Bryan family was one of the original founders of the publicly traded Independent Life Insurance Company based in Jacksonville, FL. Mr. Bryan personally has over 44 years of experience working in the healthcare and insurance industries and has been a licensed insurance agent since 1966. In 1986, he started Independent Marketing Group, a health-insurance brokerage distribution company that supported over 2,800 representatives across the Southeast.

P. Butler Ball, Director

Mr. Ball has over 14 years of successful domestic and international entrepreneurial and leadership experience. Mr. Ball was most recently the Chief Operating Officer of Independent Marketing Group, a life insurance general agency based in Jacksonville, FL. Mr. Ball has also served as the Associate Director of Philanthropy for The Nature Conservancy, successfully started and operated three international businesses, and served as the Argentina customer service manager for Landmark Graphics, a Halliburton company.

Timothy R. Bone, Director

Mr. Bone has over 34 years of experience in the insurance and risk management industry and has extensive experience in the underwriting of physicians and management of medical malpractice claims. Mr. Bone most recently served as the President of Physicians Preferred Insurance Company and Physicians Preferred Insurance Management, LLC and has also worked at Standard Life Insurance Company, Medical Protective Company, Kentucky Medical Insurance Company, Florida Physicians Insurance Company, the American Institute of Medical Law, the Nemours Foundation, and Arthur J. Gallagher & Company’s Gallagher Healthcare Insurance Services. Mr. Bone holds a bachelor of science from DePauw University.

Michael J. Wallace, CPA, CBM, MBA, Director

Mr. Wallace has over 16 years of experience in the insurance and financial services industry, most recently serving as a consultant to HomeWise Insurance Company, HomeWise Preferred Insurance Company and Blue Cross Blue Shield of Florida. He has also served as the Chief Financial Officer of Physicians Preferred Insurance Company and Physicians Preferred Insurance Management, LLC where he managed the financial, underwriting and policyholder services operations. Mr. Wallace also served as a director and Chief Financial Officer at Intrepid Capital Corporation and has extensive experience in internal controls and regulatory financial reporting to various regulatory agencies including the Florida Office of Insurance Regulation, NAIC, SEC, NASD and IRS.

Mr. Wallace holds a Certified Business Manager (CBM) designation, is a licensed CPA in Florida and is a member of the American Institute of Certified Public Accountants and the Florida Institute of Certified Public Accountants. Mr. Wallace holds a Bachelor of Business Administration and a Master in Business Administration from the University of North Florida.

Sheldon C. Bryan, Director

Mr. Bryan is an experienced investor, insurance broker, and financial advisor and currently serves as the Chief Executive Officer and Chairman of the Board for Independent Marketing Group — a life insurance general agency which he has built into a large Independent Marketing Organization. He previously served as a financial advisor for MassMutual Financial Group before joining Lincoln Financial Advisors/Sagemark Consulting where he also served as a financial planner. Mr. Bryan holds a B.A. from Hampden-Sydney College.