MJ Insurance Selected for National Award and Shows Promise for Growth

INDIANAPOLIS, Ind. – (November 6, 2005) – MJ Insurance has been named to an elite group of independent agencies from around the United States to be named in the Independent Insurance Agents & Brokers of America (IIABA) “Best Practices” Study Group. Each year the IIABA studies the country’s leading firms in seven revenue categories. The firms comprising the study groups are selected every third year through a comprehensive nomination and qualifying process and awarded a “Best Practices Agency” designation. MJ qualified as a Best Practices Agency based on its outstanding customer service, growth, stability, and financial management. The selected “Best Practices” agencies retain their status during the three-year cycle by submitting extensive financial and operational data for review each year.

“Participating in this elite study illustrates the forward momentum of MJ Insurance,” says Michael H. Bill, President and CEO. “As the largest privately-owned insurance agency in Indiana, we are focused on growth through outstanding customer service.”

To support their growth initiative, MJ Insurance, Inc. recently signed a ten year, 37,000 square foot lease at the Precedent Office Park in Indianapolis, IN. They will occupy nearly half of the brand new, Class A office building being constructed by Precedent Real Estate Services. The building will be located at 9225 Priority Way West Drive.

MJ Insurance, Inc. provides proactive risk management solutions and a full array of property and casualty and employee benefit products. Based on the values integrity, innovation, and intensity, MJ Insurance, Inc. has since grown to become Indiana’s largest privately-held insurance agency and launched a second office in Phoenix, AZ in 2004. The 120-employee operation, headquartered in Indianapolis, IN, houses designated industry-specific teams specializing in benefits, construction, real estate, manufacturing, energy, life sciences, sorority, transportation, personal lines, and surety market segments across the United States.

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