Coverys Expands Territory; Now Available in Maryland
Boston, MA - October 12, 2011 - Coverys (formerly ProMutual Group) is proud to announce it is expanding operations through member company ProSelect Insurance Company (“ProSelect”) into the state of Maryland. ProSelect is now prepared to write business for individual physicians and surgeons, partnerships and corporations, as well as physician groups in Maryland.
“We are pleased to continue our expansion by obtaining authority to write business in Maryland,” said Richard W. Brewer, president and CEO of Coverys. “We look forward to positively impacting increasing numbers of healthcare providers with our wide variety of liability coverages as well as our risk management and physician education services.”
Coverys is known for its deliberate and conservative approach to expansion in new regions and has never left a state where it has written business. Coverys member companies and their predecessors have been providing coverage and protection to healthcare providers for more than three decades and are leaders in the development of new products and services. Coverys continually works to emphasize the importance of risk management and has one of the largest risk management field staff comprised of registered nurses. Coverys is also accredited by the Accreditation Council for Continuing Medical Education (ACCME) as a provider of AMA PRA Category 1 CreditTM for physicians. ProSelect policyholders benefit from top defense counsel who specialize in medical liability cases, as well as experienced and knowledgeable claim staff with backgrounds in healthcare, law and insurance.
For more information about Coverys, please contact Katharine Gould at email@example.com or (617) 946-8665, or visit the company’s website at www.coverys.com.
Coverys is one of the top 10 medical professional liability insurance providers in the country based on direct written premium. Coverys member companies insure more than 20,000 physicians, surgeons, dentists, certified nurse midwives and allied healthcare providers as well as nearly 500 hospitals, health centers and clinics in 22 states from coast to coast. Coverys has net admitted assets in excess of $3.0 billion as of December 31, 2010. Coverys member companies Medical Professional Mutual Insurance Company, ProSelect Insurance Company, MHA Insurance Company and Washington Casualty Company have a Best’s Rating of A- (Excellent). Other Coverys member companies include FinCor Solutions, a multi-line insurance agency, and the Risk Management and Patient Safety Institute, which focuses on clinical risk reduction, quality patient outcomes and education. Coverys as a whole is acknowledged as a leader in providing risk management and claim services to the healthcare community, and it offers risk management consultations and educational activities to healthcare providers across the country. For more information on the enterprise and its member companies, visit the Coverys website at www.coverys.com.
About Coverys (formerly ProMutual Group)