Governor Fallin today announced the appointment of Dan Ramsey to the board of directors of CompSource Mutual Insurance Company, the insurance company for the state’s workers’ compensation system. He will succeed James Case, whose term expires in June.
Ramsey will serve a seven-year term beginning in July. Confirmation from the state Senate is not required.
Ramsey currently serves as an agency mentor for the Oklahoma Agents Alliance, a master agency of the Strategic Insurance Agency Alliance that works in partnership with independent insurance agencies in Oklahoma, Kansas and Arkansas.
“Dan Ramsey brings decades of experience with him to the board,” said Fallin. “His work will help to continue to provide a financially stable market for Oklahoma businesses while ensuring injured employees are fairly compensated and receive the treatment they need to get healthy and return to work.”
Ramsey previously served 16 years as president and chief executive officer of the Independent Insurance Agents of Oklahoma and before that worked 22 years as an independent insurance agent. He served two terms in the Oklahoma House of Representatives, from 1994-1998, representing Grady County.
Ramsey also served as the executive director of the Oklahoma Market Assistance Program, which assists people who have difficulties finding insurance on their homes; the plan manager of the Oklahoma Automobile Insurance Plan, which assists people who have difficulties finding automobile insurance; and as a member of the Oklahoma Property and Casualty Guaranty Association.
“My 40 years of varied experience in the property and casualty insurance business provides me with a unique perspective,” Ramsey said. “Having served as insurance agent, legislator and executive director of a trade association, I believe I have an excellent understanding of the business that will benefit employers, workers and the state of Oklahoma.”
He has attained the national professional designation of Certified Insurance Counselor. In 1998 and 2013 he was presented the Insurance Service Award by the Chartered Property and Casualty Underwriters in recognition of his efforts on behalf of the property and casualty insurance industry.
Ramsey earned his bachelor’s degree in business administration from the University of Central Oklahoma. He and his wife, Marilyn, live in Chickasha.
