About

Company Information

Free to Focus

There are moments that matter in medicine—beyond the billing codes, balance sheets, and EMRs that demand your attention—when lives are saved, patients are healed, and medical miracles begin. Coverys is a national leader in medical professional liability insurance. And so much more. Coverys helps healthcare professionals put the focus back where they want it to be—on the patient, on skill, on compassion, and on improving outcomes. We have an A.M. Best “A” (Excellent) financial rating* and 45+ years protecting the healthcare community.

Free to Focus

Explore Coverys

Mission, Vision, and Values

Our mission, vision, and core values are the pillars behind our company culture and long-term success. They are vital sources of company direction.

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Financial Strength

We are proud to have received top ratings from A.M. Best, affirming our financial strength and readiness to be there for our customers.

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Diversity, Equity, and Inclusion

Coverys actively supports a company culture where all in our community are valued for who they are.

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Leadership and Governance

Coverys leaders focus our company on protecting our clients with innovative products and services as well as on cultivating a purpose-led culture.

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Careers

The people who work at Coverys have made us a dynamic company and a thought leader in the industry. Learn about joining the Coverys team.

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Coverys Community Healthcare Foundation

The Foundation works to improve patient safety, promote healthy lifestyles, and support our communities.

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Count on Coverys for proven protection so you are free to focus on medicine. Coverys is rated A (Excellent)* and has 45+ years' experience protecting healthcare.

Recent Annual Reports:

2022 Annual Report
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2021 Annual Report
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2020 Annual Report
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Mission, Vision, and Values

Coverys’ mission, vision, and core values are the pillars behind our company’s culture and long-term success. These pillars are vital sources of direction for how we deliver products and services to our customers, the healthcare industry, and our communities.

Mission, Vision, and Values

Press Releases

07.09.24: Coverys Announces Expanded London Insurance Platform with Regulatory Approval
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04.08.24: Coverys Names Brian J. Farrell Jr. as Senior Vice President of Claims
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08.14.23: Coverys’ Board of Directors Welcomes Michael Apkon, MD, PhD
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04.04.23: Coverys Selects Cathy Donahue as Chief Operating Officer
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10.03.22: Daryl W. Bradley and Craig Best, MD, MPH, Are Appointed to Coverys’ Board
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Press Contact:

For press inquiries and all public relations matters, please contact Valerie Frankfort, Senior Director, Corporate Communications, at 617.946.8665 or vfrankfort@coverys.com.

Most Recent Press Releases

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Interested in our insurance? Coverage varies by state. Contact a Coverys agent or broker regarding specific coverages and pricing.

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Underwriting Companies —

Medical Professional Mutual Insurance Company 

Medical Professional Mutual Insurance Company (ProMutual®) originated as a joint underwriting association (JUA) created by the Massachusetts Legislature in 1975. In 1992, the state disbanded the JUA and a new organization, The Medical Malpractice Professional Insurance Association (MMPIA), assumed responsibility for former JUA clients. The MMPIA was later converted to a mutual insurance company, Medical Professional Mutual Insurance Company. ProMutual has an A.M. Best rating of A ("Excellent"). Medical Professional Mutual Insurance Company, NAIC 10206, domiciled and admitted in Massachusetts. One Financial Center, Boston, MA 02111.
 

ProSelect® Insurance Company

ProSelect Insurance Company (ProSelect) is domiciled in Massachusetts and offers insurance protection to healthcare providers and facilities in New England and on the East Coast. ProSelect has an A.M. Best rating of A ("Excellent"). ProSelect Insurance Company, NAIC 10638, domiciled in Nebraska, admitted in all 50 U.S. states* and the District of Columbia. Home office located at One Financial Center, Boston, MA 02111. *Doing business in California as Coverys Insurance Company, California Certificate Number 6122-6
 

Coverys Specialty Insurance Company

Coverys Specialty Insurance Company is an excess and surplus carrier domiciled in New Jersey. It was created in 2015 to address emerging healthcare delivery exposures and trends with flexible speed to market insurance coverage. Coverys Specialty is accessible to select insurance agents and brokers, and has an A.M. Best rating of A ("Excellent"). 
 

Coverys European Holdings

Coverys European Holdings is an agency platform and network that invests in and collaborates with managing general agencies in Continental Europe and the UK, specializing in the professional lines sector. 
 

Coverys International

Coverys International provides business insurance for small and medium-size enterprises on a primary and excess basis throughout Europe via managing general agencies.
 

Coverys Limited

Coverys Limited is part of Coverys’ dedicated London platform, which includes both an insurance company and managing general agency operations, known collectively as “Coverys London”. Coverys London underwrites a balanced portfolio of both medical liability insurance and healthcare reinsurance across a broad range of specialty lines.
 

Coverys Risk Retention Group, Inc.

Coverys Risk Retention Group, Inc. is a risk retention group sponsored by Medical Professional Mutual Insurance Company. It is domiciled in the District of Columbia and is presently writing business in New York. Coverys Risk Retention Group, Inc. has an A.M. Best rating of A ("Excellent").
 

Preferred Professional Insurance Company®

Preferred Professional Insurance Company (PPIC®) was acquired by ProMutual in 2014. PPIC was previously owned by a group of Catholic health systems representing over 600 acute care facilities, 300 long-term care facilities, and thousands of employed healthcare providers. PPIC has an A.M. Best rating of A ("Excellent"). Preferred Professional Insurance Company, NAIC 36234, domiciled in Nebraska, admitted in all 50 U.S. states and the District of Columbia. 11605 Miracle Hills Dr. Suite 200, Omaha, NE 68154-4467.
 
 

Alternative Risk Solutions —

 

Capital Risk Solutions, SPC

Capital Risk Solutions, SPC, is a segregated portfolio captive insurer domiciled in the Cayman Islands. It was organized and licensed in 2004.
 

ProMutual Solutions Insurance Company

ProMutual Solutions Insurance Company is a sponsored cell captive insurer established in 2006. It is domiciled in Vermont.
 
 

Service Providers and Divisions —

 

Coverys Consulting Services

Coverys Consulting Services focuses on serving the needs of hospitals, healthcare systems, and large provider groups who do not participate in the traditional insurance market by addressing opportunities to enhance patient safety and quality outcomes.
 

Med-IQ®

Med-IQ empowers individuals at every level of the healthcare delivery system with the knowledge they need to continuously improve provider performance and patient outcomes. Med-IQ delivers unique educational experiences and services and is one of the most award-winning accredited medical education providers in the United States. 
 

ProMutual Group, Inc.

ProMutual Group, Inc. is the parent company of the Coverys underwriting companies (except for Medical Professional Mutual Insurance Company), as well as several Coverys companies that provide agency services and alternative risk solutions. It is also the parent company of Coverys’ risk management and provider education businesses. ProMutual Group, Inc. is domiciled in Massachusetts.

Coverys Companies and Divisions

Our long track record of success and financial strength ensures that Coverys will be here when you need us most.

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