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MCS founding partner to head company’s life insurance business

José Durán

José Durán, one of Medical Card System Inc.’s founding partners, has been appointed president of its MCS Life Insurance Co. division. He has been assigned the responsibility of overseeing and strengthening the division’s growth this year, MCS CEO Jim O’Drobinak announced Wednesday.

O’Drobinak said Durán’s “reputation of integrity and experience of 29 years of service excellence with the company” were key factors in his appointment.

Durán was one of the founders of MCS in 1983 and has occupied numerous leadership positions in the company, including sales and marketing vice-president of MCS, vice-president of MCS Advantage Inc., enrollment senior vice-president, enrollment and customer engagement senior vice-president, customer engagement senior vice-president and currently president of MCS HMO and executive vice-president of MC Inc.

“I am honored and privileged to accept this new responsibility. After more than 29 years serving the community, MCS remains a strong and solid company providing innovative products and high quality services to contribute to the transformation of the local health care industry.  I look forward to continue to grow with MCS,” Durán said.

This year, MCS Life Insurance is looking to strengthen its participation in the commercial segment with a broader, more diverse and robust product offering.

“MCS Commercial will see the launch of new specialized products that will be unique in the market, which will contribute to maintain the good performance experienced by MCS in the commercial business line,” said Durán, noting MCS experienced a 14 percent total growth in its commercial line compared to the numbers registered in December 2010, while exceeding its contract retention rate goals for 2011.

This is the second major management change the company has announced in the last month. As News is my Business reported, in mid-December, three high-ranking executives — former President Julio Juliá, former Chief Executive Officer Mark Rishell and former Provider Network Vice President Javier Magriná — were ousted from MCS, which saw its share of troubles in 2010, after taking on the contract to provide health coverage to the government’s “Mi Salud” program, from which it withdrew last summer.

Author Details
Author Details
Business reporter with 30 years of experience writing for weekly and daily newspapers, as well as trade publications in Puerto Rico. My list of former employers includes Caribbean Business, The San Juan Star, and the Puerto Rico Daily Sun, among others. My areas of expertise include telecommunications, technology, retail, agriculture, tourism, banking and most other segments of Puerto Rico’s economy.

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