 |
 | |
| Company type | Public |
|---|---|
| NYSE: PRA S&P 600 Component | |
| Industry | Property & Casualty Insurance |
| Founded | 1976 |
| Headquarters | Birmingham, Alabama USA |
Key people | Edward L. Rand, Jr., Chief Executive Officer Dana S. Hendricks, Chief Financial Officer |
| Products | Insurance |
| Revenue |  $874 million USD (2020)[1] |
Number of employees | 970 (2017) |
| Website | proassurance |
ProAssurance Corporation, headquartered in Birmingham, Alabama, is a property and casualty company that sells professional liability insurance to doctors. The company was founded in 1976 as Mutual Assurance and was later renamed to Medical Assurance in 1997. The name "ProAssurance" was created in 2001 when Medical Assurance merged with Professionals Group. The company is currently the fourth largest[2] medical professional liability insurance writer and has over $6 billion in assets.[3][4]
- ^ "Financial Highlights".
- ^ http://www.piaa.us/meetings/underwriting/pdf_files/AM_Best-medical_professional_report%20.pdf Archived 2017-04-10 at the Wayback Machine [bare URL PDF]
- ^ https://investor.proassurance.com/
- ^ D.C. Department Approves ProAssurance Acquisition of NCRIC Inc.; Aug. 2 Vote Scheduled, Insurance Journal, July 14, 2005