MGIC hires Sean Valcamp, Vice President, Chief Information Security Officer

MILWAUKEE, March 22, 2018 /PRNewswire/ -- Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation (NYSE: MTG), announced today that the company has hired Sean Valcamp as Vice President – Chief Information Security Officer (CISO).

Mr. Valcamp comes to MGIC from Avnet, Inc. of Phoenix, Ariz., where he held successive positions of increasing responsibility in the IT department. Mr. Valcamp served for more than 11 years as Avnet's Global Security Leader and was named the company's first Chief Information Security Officer in 2015.

He has a combined 28 years of experience in the technology industry and holds a Bachelor's of Science degree in Computer Information Systems from the University of Phoenix.

"Sean will be a great fit in his role at MGIC," said Greg Chi, Senior Vice President Information Services and Chief Information Officer. "His leadership credentials and wealth of experience in Information Risk Management and governance practices make him a valuable addition to our team as we support MGIC's ongoing growth. I am delighted to welcome Sean to the company."

About MGIC (NYSE:MTG)

MGIC (www.mgic.com), the principal subsidiary of MGIC Investment Corporation (NYSE: MTG), serves lenders throughout the United States, Puerto Rico, and other locations helping families achieve homeownership sooner by making affordable low-down-payment mortgages a reality. At February 28, 2018, MGIC had $196.5 billion of primary insurance in force covering approximately one million mortgages.

From time to time MGIC Investment Corporation releases important information via postings on its corporate website, including corrections of previous disclosures, without making any other disclosure and intends to continue to do so in the future. Investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple Syndication (RSS) feeds regarding new postings. Enrollment information can be found at http://mtg.mgic.com under Investor Information.

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SOURCE MGIC