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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.

VGM Insurance targets:

• HME (home medical equipment) providers

• DME (durable medical equipment) providers

• Pharmacies

• 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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