January 5, 2023
Texas Mutual announces Meredith Duncan as CEO of new health insurance subsidiary
Texas Mutual has hired Meredith Duncan as the president and chief executive officer of the company’s new health-focused subsidiary. Subject to regulatory approval, the subsidiary will seek to offer additional health insurance options to small businesses.
Ms. Duncan previously served as the president of the Texas market at Bright HealthCare and as the chief growth officer for CVS/Aetna in the Texas, Oklahoma and New Mexico markets. She has 20 years of experience in strategic planning, sales and business development, consumer market research and operations management. Ms. Duncan also spent nearly eight years at Ascension Seton Texas where she served as CEO of Seton Insurance Company and VP of accountable care and physician engagement.
Ms. Duncan currently serves on the Austin Healthcare Council Board of Directors and previously held roles on the Board of the Austin Chapter of the Leukemia and Lymphoma Society and the Board of Governor’s for LifeWorks Austin.
In 2021, the Texas Legislature passed House Bill 3752 which authorizes Texas Mutual to create a subsidiary to provide health benefit coverage. Recently, the Texas Mutual Board of Directors approved the creation of this subsidiary, which, subject to TDI approval, plans to introduce a new health coverage option to small businesses in early 2024.
As president and CEO of the subsidiary, Ms. Duncan will lead the next steps in its product offering and market launch.
Read the full press release here.