Special Section sponsored by
VGM Insurance
Insuring home medical equipment markets
A new look but the same commitment…
You might notice a few changes around VGM Insurance. For starters, there’s a new president. John Spragle retired from VGM Insurance this summer. He
relocated to his lake home with his wife, Sharon, to spend more time with
friends and family. John was a critical part of VGM Insurance’s success in the more than 20 years that he led the company.
The new “sheriff in town” is Tom Jones. No, he doesn’t sing, but he does bring a varied insurance background that will be vital as
VGM Insurance continues to excel. Tom previously served as president of a
mutual insurance company, and owned and operated an independent insurance
agency. His agency placed insurance coverage for home medical equipment
companies for many years. He also earned the CPCU (Chartered Property Casualty
Underwriter) and other designations while acquiring knowledge and experience in
insurance company management, sales, and claim adjusting.
“In our more than 20-year history, we have experienced phenomenal growth in our
targeted classes,” Jones explains. “VGM’s success is directly related to our understanding of our industry and our
commitment to the agents and brokers who represent us, and the intensity of the
inside sales and support associates who ‘have their backs.’ I’ve watched VGM Insurance excel for many years, but never realized the degree of
caring exhibited by our associates until I came on board this summer. The
agents I have worked with really appreciate all the assistance VGM Insurance
brings to their practice and book of business.
“One of the main focuses for our company will be continued growth by providing
multiple resources for our agents and brokers,” Jones says. “Additional markets are being explored and commitments made for the benefits of
our insured. We expect much of our growth to be organic. We will continue to
grow with our agency partners who place their confidence (and clients) with us.”
VGM Insurance is part of the larger organization known as The VGM Group, Inc.
(www.VGM.com). The VGM Group has more than 20 companies in its portfolio and
continues to expand into new endeavors. The bulk of these companies are
associated with the DMEPOS (Durable Medical Equipment, Prosthetics, Orthotics, and Supplies) industry. This gives VGM Insurance a very
unique insider perspective on the healthcare and equipment industry.
The VGM Group employs nearly 500 associates, and thus provides nearly 500
experts in different aspects of their chosen fields. The insurance agent
partners find these experts to be great resources who can provide assistance
and answers to the toughest questions. Having these experts in your back pocket
gives the agents instant credibility when meeting with current or prospective
clients.
Warren Freeman, director of sales and marketing, explains, “With this great knowledge and support, VGM Insurance strives to offer the most
comprehensive insurance programs for our target classes of business. We are
deeply committed to our target markets and our agent relationships. Our agent
and broker distribution model has worked famously for more than 20 years. We
are looking to expand and grow, but remain committed to our core book of
business and our agent relationships.
“Our commitment is strong and we strive to build long lasting relationships with
our agent partners,” Freeman continues. “Since our name and reputation is already well known in our industry, our name
along with the presence of a local agent can make a home run combination for
the client.”
VGM Insurance has proven efficient and effective in the last 20 years, and looks
forward to 20 more years of serving the local agent and broker. Please review
our target classes and be sure to call or e-mail with questions or submissions.
VGM Insurance can be reached at (866) 497-0835, www.vgminsurance.com, or
insuranceinfo@vgm.com.
• HME (home medical equipment) providers
• DME (durable medical equipment) providers
• O&P (orthotic and prosthetic)
• Respiratory and sleep study facilities
• Medical equipment distributors
• Medical equipment manufacturers
• Medical equipment manufacturers reps and other related companies
VGM has many additional markets for other health-related companies. Rather than
hunt for a market, give us a call.
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