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Business Development

Professionals Direct, Inc. (the “Corporation”) was organized in 1996 as a Michigan corporation. The Corporation is primarily a holding company for several subsidiaries, including Professionals Direct Insurance Company (“PDIC”), a Michigan domiciled stock property and casualty insurance company. The current organizational structure is as follows:

 

 

 

Surplus Certificates . PDIC was incorporated on June 4, 1987. Starting in 1987, PDIC was capitalized by contributions...