Senior Management

Senior management stability has been a hallmark at PPM. All significant operational activities involve a multi-disciplinary management approach designed to increase the exchange of critical information and improve decision-making.

Wade D. Willard, JD -- President and Chief Operating Officer

Mr. Willard was elected President and Chief Operating Officer of PPM in November 2017. Mr. Willard joined Preferred Physicians Medical in 1997 and was promoted to Senior Claims Attorney in 2000. In 2008 Mr. Willard assumed responsibility of the Claims Department as the Claims Department Supervisor and was promoted to Vice President-Claims in 2010. As President and COO, Mr. Willard is responsible for PPM's overall insurance operation as well as executing the Company's short and long term strategies for growing its business while maintaining the company's high underwriting standards and focus on the needs of the anesthesia specialty. In addition, he continues to manage the customary operations of the Claims Department. Mr. Willard regularly speaks at national and regional society meetings and conducts on-site risk management seminars.

Mr. Willard is a graduate of Washburn University School of Law. Prior to joining Preferred Physicians Medical in 1997, he clerked for the Kansas Medical Society and Kansas Medical Mutual Insurance Company.

Deanna R. Olson -- Chief Financial Officer, Vice President-Finance, Treasurer and Secretary

Ms. Olson is responsible for all accounting and financial reporting for the Company. She is responsible for preparation of the financial statements, as well as coordinating efforts with regulators and auditors. She is also directing the enterprise risk management process for the Company. Ms. Olson, a CPA since 2004, joined PPM after spending three years as a Director with McGladrey & Pullen, where she was charged with development and training of the national insurance practice curriculum and audit documentation. Prior to McGladrey & Pullen, Ms. Olson spent seven years with KPMG, leaving as a Manager having served companies of varying size almost exclusively within the insurance industry audit practice. She received her graduate and undergraduate degrees in accounting from Missouri State in 2002.

Brian J. Thomas, JD -- Vice President-Risk Management

Mr. Thomas joined PPM in 1999 and was promoted to Senior Claims Attorney in 2001. In January 2008, Mr. Thomas assumed additional responsibilities as Director of Risk Management and was promoted to Vice President-Risk Management in October 2015. With over twenty-five years of insurance industry experience, Mr. Thomas has focused the past nineteen years exclusively on providing risk management services to anesthesia providers and defending high severity medical negligence litigation. Mr. Thomas is also Editor of PPM’s risk management newsletter, Anesthesia & the Law. Mr. Thomas has published on risk management issues in several prominent national and state anesthesia journals such as the American Society of Anesthesiologists Newsletter, Anesthesia Patient Safety Foundation Newsletter, Communique and Scope. Mr. Thomas is responsible for developing and implementing enhanced anesthesia-specific risk management materials and managing PPM’s risk management program. Mr. Thomas also conducts a significant number of the Company’s on-site risk management seminars and frequently lectures on anesthesia risk management topics for national, regional and state medical society meetings and other health care organizations.

Mr. Thomas is a 1995 graduate of Washburn University School of Law. Before joining PPM, he served as in-house counsel to several national insurance companies where his duties included the management and supervision of claims and litigation.

John M. Morhiser -- Vice President-Underwriting

Mr. Morhiser was elected Vice President-Underwriting of PPM in June 2018. His responsibilities include the day-to-day direction of all underwriting and policyholder service activities. Mr. Morhiser joined Preferred Physicians Medical in 1992 and was named Underwriting Supervisor in 1996. Prior to joining PPM, Mr. Morhiser worked with countrywide commercial insurance programs for two large international insurance groups. Mr. Morhiser is a graduate of the University of Missouri College of Business with a degree in Economics.

Steve Stark -- Vice President-Business Development

Mr. Stark was elected Vice President-Business Development in June 2018. Mr. Stark’s responsibilities include management of the day-to-day operations of the business development functions including client retention and growing PPM’s policyholder base of highly qualified anesthesia groups. In addition, Mr. Stark attends numerous anesthesia conferences each year. Mr. Stark joined PPM in 1989 as Regional Sales Representative when the Company insured fewer than 200 anesthesiologists and was promoted to National Sales Manager in 2001. Mr. Stark has been a key member in PPM’s growth and success.