Insurance Company Receives National Innovation Award
Recently, MMG Insurance was been named as the recipient of the National Association of Mutual Insurance Companies 2019 Overall Award in Innovation.
Created by the National Association of Mutual Insurance Companies (NAMIC), the national award recognizes mutual insurers that exemplify the vision and entrepreneureship it takes to stay relevant in changing times. MMG was chosen because of its innovative approach to talent attraction, retention and development. Of note, NAMIC mentioned MMG's high impact intern program, including the conversion of interns to full time employees. The company also saw a total of 150 hires over the last 5 years. The insurance company also saw a jump in the number of millennials, from 21% in 2013 to almost 38%
Larry Shaw, MMG president and CEO, said the company realized the need for a new and innovative approach to career design and evolution. “It’s a multi-pronged approach that creates a strategic and successful talent pipeline in which employees are empowered by aspiration and the narrative around the insurance industry has been transformed.”
The presentation was made June 26th at an awards ceremony held in conjunction with the NAMIC Management Conference in Asheville, N.C.