Contact: John C. Barrett   (407)282-5131

MED ADVANTAGE AND NORTH AMERICAN MEDICAL MANAGEMENT SIGN AGREEMENT TO CREDENTIAL MEMBERS OF FLORIDA'S LARGEST IPA - FIPA.

As a result of this new agreement, NAMM will delegate its credentialing responsibilities in Florida to Med Advantage. Med Advantage will provide a range of services, including the primary source verification of credentials information on over 6,000 physicians.

William F. Higgins, Chief Operating Officer/Chief Financial Officer of NAMM reports "Our focus at NAMM is providing quality management services to our clients in a cost effective manner. Sometimes, to meet this objective, it makes sense to work with a vendor that has demonstrated an ability to provide a superior service at the right price. Med Advantage clearly stands out as the right choice to meet the challenges of the credentialing process - even compared to 'in-house' solutions. We are pleased to have enhanced our capacity to service our clients through this important association."

John C. Barrett, Senior Vice President of Med Advantage stated, "We are extremely pleased and excited by this opportunity to work with NAMM. The NAMM focus on providing quality services to its clients was evident during all of our discussions. They are very interested in enabling their clients to gain the recognition they deserve by meeting the standards established by the most respected accreditation organizations in our industry."

FIPA is a network of physicians in private practice in the state of Florida, organized into 13 regional associations. With over 4500 active members statewide, FIPA includes primary care physicians over a wide geographic area, as well as broad coverage over the entire spectrum of medical specialties. Each regional entity represents a fully credentialed, multispecialty physician network capable of providing high quality, cost effective health care services to managed care organizations.

NAMM, a subsidiary of PhyCor, The Physicians' Corporation (NASDAQ:PHYC), is an IPA management company that specializes in co-ventures with physicians and hospitals to successfully manage the delivery of medical services to managed care markets. NAMM has utilized its trademarked Physicians Organized Delivery System, PODS® approach, to organize and manage more that 130 physician's networks nationwide.

Med Advantage, (http://www.med-advantage.com), a subsidiary of Professionals Group, Inc., is considered one of the largest Credentials Verification Organizations (CVOs) in the country. Med Advantage is fully certified for 10 of 10 elements by the NCQA*, fully accredited by URAC**, and Med Advantage also assists clients in meeting the standards of the Joint Commission on Accreditation of Healthcare Organizations (JCAHO). The database, which Med Advantage has compiled currently, holds over 900,000 providers and has in excess of 4.3 million verified data elements.

Professionals Group, Inc. (NASDAQ:PICM), is a holding company for Med Advantage and several other insurance related subsidiaries.

* The National Committee for Quality Assurance (NCQA), located in Washington, DC, is an independent, non-profit organization that certifies credentials verification organizations and accredits managed care organizations.

** The American Accreditation HealthCare Commission / URAC is a non-profit entity founded in 1990 to establish accreditation standards for managed health care organizations. The Commission / URAC's broad based membership represents a diversity of health care constituencies; industry, provider, purchasers, consumers, and regulators. Purchasers and consumers look to Commission / URAC accreditation as a mark of distinction for a managed health care company. For more information about the Commission / URAC, visit their web site at WWW.URAC.ORG