Underwriting Companies

Coverys RRG

Coverys RRG, 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 RRG has an A.M. Best rating of A ("Excellent").
 

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 Specialty Insurance Company, NAIC 15686, domiciled in New Jersey. 67 East Park Place, Suite 703, Morristown, NJ 07960.
 

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 July 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.
 

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.
 

Preferred Professional RRG

Preferred Professional RRG is a risk retention group domiciled in the District of Columbia and is registered and approved for use in the state of New York.
 

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
 

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 Custom Accounts

Established in 2014, Coverys Custom Accounts is a special underwriting division of Coverys focused on meeting the needs of health systems and large physician practices and featuring capabilities that embrace alternative risk financing structures, excess coverage and reinsurance programs.
 

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.
 

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.