News

Leadership Transitions at PPM

November 21, 2017

Steve Sanford retires as CEO and joins PPM Board. Wade Willard promoted to COO.

 Overland Park, Kansas – November 21, 2017  Preferred Physicians Medical (PPM), industry leading provider of professional liability insurance for anesthesia practices, announced that Steve Sanford, President and Chief Executive Officer will retire on November 27, 2017 and join the PPM Board of Directors. Mr. Sanford’s service as a Director will provide PPM with continued access to his important market insights and strong connection to the anesthesia community. Mr. Sanford will also continue to focus on anesthesia patient safety initiatives on behalf of PPM. Mr. Sanford originally joined PPM in 1991 to initiate the company's in-house claims operation. Over the past 26 years, he has held various leadership roles culminating in his appointment as CEO. He has been instrumental in the growth of PPM into a market leader in anesthesia medical professional liability insurance. In recent years, Mr. Sanford has focused on executing PPM’s long-term strategy, including its recent partnership with NORCAL Mutual Insurance Company (NORCAL).

With his transition to the PPM Board of Directors’ role, Mr. Sanford along with Scott Diener, President and CEO of NORCAL jointly announced the promotion of Wade Willard, JD as PPM’s Chief Operating Officer. Mr. Willard first joined PPM in 1997 and has held various roles of increasing responsibility, including becoming Vice President, Claims in 2010. In addition to overseeing the Claims Department, Mr. Willard has been a member of the PPM’s executive management team and has considerable experience helping to guide the company’s operational activities and business success. Mr. Willard is also a regular speaker at national and state anesthesia society meetings and conducts on-site risk management seminars for PPM policyholders.

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