Medical Risk Services

Mike Blaum

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Mike grew up in Lincoln, Illinois and earned a Bachelor of Science Degree from Illinois State University in 1989. He started his insurance career as a personal lines agent for Farmers Insurance Group in Chicago’s Northern Suburbs.

Mike joined Near North Insurance Brokerage, Inc. (NNIB) in 1992, as a new business sales professional and worked his way to Vice President of the NNIB Healthcare Practice. While working in the Healthcare Practice, Mike specialized in placing medical malpractice insurance for physicians in Illinois. He worked closely with his clients to develop traditional risk transfer programs in the admitted marketplace, such as the development of two hospital based purchasing programs for Chicago Suburban physicians. These programs provided an aggressively priced option, offering broad coverage terms and conditions that were available in a competitive marketplace in the 1990s.

In 2001, Mike joined Aon Risk Services of Illinois, Inc., as the Physician Practice Group Leader of the Midwest Region. While at Aon, Mike managed a practice group responsible for working with over 2,500 physicians in multiple states. As group leader, Mike worked with physicians, physician groups and hospitals in developing both traditional admitted insurance options as well as alternative risk options. During his tenure at Aon, the Midwest practice group developed multiple captive and risk retention group programs necessary during the difficult marketplace in the early part of the decade. In many of these cases an alternative option was needed due to the lack of available markets willing to insure Illinois based invasive physicians.

Mike and his business partner, Connie Calbeck, established MRS in May of 2007, after negotiating the acquisition of the Aon Risk Services, Inc. Chicago-based physician practice. Since its inception, MRS has continued to grow organically, by adding new staff and new clients. Mike and his wife, Barb, live in Downers Grove, Illinois and have two children, Emily and Daniel.