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Mat Lipscomb was born in Memphis, Tennessee, and was raised in North Mississippi. Mat graduated from Memphis State University with a Bachelor of Business Administration in Insurance. He then worked for an international insurance company, where he trained in the underwriting, claims, audit and loss control departments while earning a Certified Insurance Counselor (CIC) designation. After furthering his training in estate conservation at Purdue University, Mat joined the commercial insurance team at Lipscomb & Pitts in 1979.
Mat is very involved in the Memphis community and the insurance industry. He previously served as Chairman of the Memphis and Shelby County Insurance Advisory Committee and currently serves on numerous insurance company advisory boards.