MILWAUKEE, July 26, 2018 /PRNewswire/ -- Mortgage
Guaranty Insurance Corporation (MGIC) (NYSE: MTG) announced that
Michael E. Jacobson joined the
company on July 16, 2018 as Vice
President of Corporate Development. In his new role, Mr.
Jacobson will lead the development of mortgage credit enhancement
solutions.
Prior to joining MGIC, Mr. Jacobson spent 13 years at Milliman,
Inc. of Brookfield, Wis., in roles
of increasing responsibility, most recently as Principal and
Financial Consultant in the company's credit risk
practice. Mr. Jacobson was recognized in 2017 for his
contributions with the Milliman Chairman's Innovation Award.
"Mike has had great success working with a variety of
participants to identify new opportunities in mortgage credit
risk," said Sal Miosi, MGIC
Executive Vice President of Business Strategy and Operations.
"His creativity and drive will be an invaluable asset to MGIC as we
continue to advance our role in the industry. I am excited to bring
Mike onto the team, and look forwarding to working with him in his
new role."
Mr. Jacobson holds a Bachelor of Science in Mathematics and
Philosophy from the University of
Wisconsin-Madison, and an MBA in Finance from the
University of Chicago, Booth School of
Business.
About MGIC
MGIC (www.mgic.com), the principal
subsidiary of MGIC Investment Corporation (NYSE: MTG), serves
lenders throughout the United
States, Puerto Rico, and
other locations helping families achieve homeownership sooner by
making affordable low-down-payment mortgages a reality. At
June 30, 2018, MGIC had $200.7 billion of primary insurance in force
covering approximately one million mortgages. From time to time
MGIC Investment Corporation releases important information via
postings on its corporate website, including corrections of
previous disclosures, without making any other disclosure and
intends to continue to do so in the future. Investors and other
interested parties are encouraged to enroll to receive automatic
email alerts and Really Simple Syndication (RSS) feeds regarding
new postings. Enrollment information can be found at
http://mtg.mgic.com under Investor Information.
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SOURCE Mortgage Guaranty Insurance Corporation