Michael C.S. Fosbury took over as chairman of MIB Group Inc. Friday.
MIB is a Braintree, Massachusetts-based consortium that helps life insurers share some of the information used in underwriting for life insurance and other life and health products. It supplies much of the data used in the new automated and accelerated life insurance underwriting programs.
(Related: MassMutual Executive Takes Over as MIB Chair)
Fosbury is the chief executive officer of Columbian Mutual Life Insurance Company.
Fosbury succeeds James Hohmann, who is the CEO of Members Mutual Holding Company, which is the parent of Fidelity Life Association.
Fosbury has served on the MIB board since 2018.