ProAssurance
ProAssurance Corporation is a holding company that specializes in property and casualty insurance, primarily focusing on professional liability insurance in the United States. Founded in 1976, the company operates several wholly-owned subsidiaries located in Alabama, Illinois, Michigan, Nevada, and Vermont. These subsidiaries provide various insurance products, including professional liability coverage for healthcare professionals and facilities, as well as for attorneys, in addition to offering workers' compensation insurance. ProAssurance categorizes its operations into five segments: Specialty Property and Casualty, Workers' Compensation, Segregated Portfolio Cell Reinsurance, Lloyd's Syndicate, and Corporate. The majority of the company's revenue is derived from its Specialty Property and Casualty segment, with Workers' Compensation contributing as a significant secondary source of income.
Top Stages
10 past transactions
Caresyntax
Series C in 2024
Caresyntax develops a digital surgery platform that improves patient outcomes by analyzing large volumes of data from operating rooms. Its proprietary software and AI enable OR teams to predict and enhance surgical performance, helping surgeons benchmark their care, hospital administrators optimize resources, medical device companies advance products, and insurance providers assess risk.
Sure Med Compliance
Seed Round in 2022
Sure Med Compliance offers a digital health platform that supports safer exposure to controlled substances by enabling prescribing compliance in hospital and healthcare settings. The platform provides electronic patient-reported outcomes and clinical and medicolegal insights to help clinicians assess treatment options, mitigate medicolegal risk, and improve patient safety and outcomes in pain management, dependence, and addiction care.
Caresyntax
Series C in 2021
Caresyntax develops a digital surgery platform that improves patient outcomes by analyzing large volumes of data from operating rooms. Its proprietary software and AI enable OR teams to predict and enhance surgical performance, helping surgeons benchmark their care, hospital administrators optimize resources, medical device companies advance products, and insurance providers assess risk.
NORCAL Group
Acquisition in 2020
NORCAL Group is an insurance company specializing in medical professional liability products. Established over 40 years ago by a coalition of physicians in Northern California, the company was created to address a crisis in the liability insurance industry that jeopardized medical practices. Initially focused on supporting fellow physicians, NORCAL has since expanded its services to become a national provider, offering a comprehensive range of insurance solutions tailored for physicians, healthcare extenders, medical groups, hospitals, community clinics, and allied healthcare facilities across the United States. Despite its growth, NORCAL remains committed to its founding principles, continuing to serve multiple generations of healthcare professionals.
Eastern Insurance Holdings
Acquisition in 2013
Eastern Insurance Holdings, Inc. is a publicly-traded holding company (Nasdaq: EIHI) that through its operating subsidiaries is a specialty underwriter of niche products for commercial markets, with workers' compensation as our principal focus.
IND - Independent Nevada Doctors
Acquisition in 2012
IND - Independent Nevada Doctors is the writer of Medical Professional Liability ("MPL") insurance in the state of Nevada.
Medmarc Insurance Group
Acquisition in 2012
Medmarc Insurance Group specializes in providing insurance services tailored to the unique product liability risks encountered by medical technology and life sciences companies. The company is dedicated to supporting the development, testing, and delivery of products that enhance and save lives by ensuring the availability and affordability of liability insurance. Medmarc offers a comprehensive range of services, including property and casualty insurance, loss control, underwriting, reinsurance, risk management, and claims management. By focusing on these critical areas, Medmarc aims to safeguard the interests of its clients in the medical and life sciences sectors, helping them navigate the complexities of product liability.
American Physicians Service Group
Acquisition in 2010
American Physicians Service Group provides medical professional liability insurance and related services.
Podiatry Insurance Company of America
Acquisition in 2009
Podiatry Insurance Company of America is the nation's provider of medical professional liability insurance.
NCRIC Group
Acquisition in 2005
NCRIC Group is a holding company which owns NCRIC, Inc., a medical professional liability insurance company, and NCRIC MSO, Inc., a physician practice management and financial services company. NCRIC, Inc.'s and NCRIC MSO's principal operations are in the District of Columbia, Maryland and Virginia.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.