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 Terry Young - President


Cell Phone: 256-504-3288


Terry has purchased 7 comml ins agencies, 2 Work Comp TPAs, 1 medical billing co, partnered w/ 2 PPOs, partner Bermuda captive and started 12 companies alone & w/ partners. His experience includes claims, Ins agencies/cos, TPA's, PPO, ins, bill adjudication and real estate. He has acquired the CRM (Certified Risk manager) cert. Terry holds the CWcHP designation which is a Certified Work Comp Advisor for Healthcare Professionals.

Terry is licensed in 30+ states and his office is located in Birmingham, Alabama. He has had the privilege of serving in all capacities on the board of directors with an international association CICA (Captive Insurance Companies Association). He served as the outgoing Chairman of the Board of CICA. He also served as the President of the local Chapter of Independent Agents. He serves on the board of Alabama Utility Contractors Assoc., Alabama Captive Assoc. and also serves as Chairman of the Board for the Kowaliga Volunteer Fire Department with 20+ Fire Fighters.

Terry made his first trip to the Islands of Bermuda in 1985 and began his 31 year history of studying the "alternative and reinsurance" insurance arena. He formed an international captive insurance company which he became a founding partner. Terry has consulted with over 25 companies and associations in setting up their own risk bearing insurance company off shore in Bermuda/U.S.

Terry founded a work comp claims administration company in 1999. MRM is a work comp claims processing company who administers claims predominantly in the state of Alabama. Their client list is trade associations, self insured funds, Alabama Guaranty Fund, individual self insureds and group pools.

Terry co owns 25% of the largest work comp PPO in Alabama. AlaMed has over 9K medical providers, 25K corporations as clients and over 1,000,000 employees in their network. They are second in size in Alabama only to BCBS. Terry and partners purchased the 2nd largest healthcare PPO in AL in 4th qua 2018. 

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