COLUMBUS, OH--(Marketwire - September 18, 2008) - The Physicians' Assurance Corp. (TPAC), a provider of employee group health insurance owned and operated by local medical leaders in Columbus, Ohio, began enrolling policyholders this summer.

Physicians' ASSURANCE received a Certificate of Authority from the Ohio Department of Insurance in February, approving it as a state-licensed insurance company. The company opened its office in March at 300 West Wilson Bridge Road, Suite 250 in Worthington.

Products include PPO, HSA and HRA for small to mid-size employers in central Ohio and are distributed through local brokers and consultants.

Physicians' ASSURANCE is the only Columbus, Ohio health insurance company controlled primarily by physicians. The team of central Ohio medical professionals started Physicians' ASSURANCE to address the cost crunch the state's small employers face in providing insurance to employees.

"Because we're not a publicly traded company, we believe Physicians' ASSURANCE provides a better choice to the market, offering key benefits of credibility, localized decision-making, transparency and price stability," said Dr. Brett Wheeler, chairman of the board.

Physicians' ASSURANCE has added an experienced and professional staff, including David Rubadue, who has joined the company as chief operations officer. A former executive for business services provider CBIZ and co-founder of Employee Benefit Specialists, Rubadue has comprehensive experience in the financial analysis of health care, life and disability programs for individuals, employer groups, and retirees as well as in health care company financials and operations.

Further staff additions include:

--  Rick Amato, VP Sales
--  Debbie Bahnsen, Legal Counsel
--  Robert Caldwell, Controller
--  Janet Campbell, Office Manager
--  Tina Cline-Mullins, Account Executive, Sales
--  Lora Corbett, Underwriter
--  Carol Deibel, VP Operations
--  Lyn Flanagan, VP Network Management
--  Tom Fultz, Underwriter
--  Ted Georges, Account Executive, Sales
--  Kim Gray, Network Management Consultant
--  John Hamilton, Assistant VP, Network Mgmt.
--  Linda Kincaid, Account Executive, Sales
--  Eugenia Lipscomb, Accounts Receivable
--  Marilyn Lucas, Underwriter
--  Dan McLeod, Director of Underwriting
--  Mildred McWilliams, Field Service Rep
--  Charles Meyer, Sales Operation Specialist
--  David Miller, Underwriting
--  Pat Moyer, Sales Operation Specialist
--  Lori Murray, Communications Director
--  Sonja Welsh, Accounts Payable
--  Mary Zara Smith, Network Management Consultant
    

Board members include:

--  Brett Wheeler, MD: chairman
--  Alice Epitropoulos, MD: vice chair
--  George T. Ho, MD: secretary
--  David S. Rubadue, FSA, MAAA, CLU: treasurer
--  Brett Bäby, MPA
--  Jeff McDaniel, FSA, MAAA
--  Don McNeil, MD, FRCP(C)
--  Jason Melillo, MD
--  Robert A. Oakley, Ph.D.
--  Richard D. Weiner, DPM
    

About Physicians' ASSURANCE

The Physicians' ASSURANCE Corporation is the only central Ohio insurance company owned by local physicians. TPAC provides a more cost-effective option for employee benefits. For more information, visit www.TPACInsurance.com.

Contact Information: Media Contact: Melina Metzger Paul Werth Associates (614) 224-8114