Coverys Chairman; President and CEO Recognized as Leaders in Quality
Honored Together at this Year’s “Rx for Excellence Awards”
Boston, MA - November 4, 2011 - Today, Coverys (formerly ProMutual Group), a leading provider of medical professional liability insurance, congratulates the Chairman of its Board of Directors and its President and CEO on being honored together as Leaders in Quality at the 4th annual “Rx For Excellence Awards” presented by Massachusetts Medical Law Report. Coverys was also the Platinum Sponsor of this year’s event.
“I speak for everyone at Coverys when I say that we are proud and honored to have our two leaders acknowledged for this award,” said Gregg L. Hanson, chief operating officer of Coverys and incoming president and CEO. “The ‘Rx for Excellence Awards’ are a great way of recognizing the important and remarkable accomplishments of healthcare industry professionals and we are grateful that two of ours can stand beside these professionals. Dr. Heisler and Mr. Brewer’s united goal of profitable and measured growth has served as a commitment to our policyholders that a strong and stable company will be there for them throughout their professional lives.”
Together, Dr. Heisler and Mr. Brewer have led a responsive Board of Directors and Corporate Management team balanced between physician commitment and insurance expertise. Dedicated to helping healthcare providers reduce their risk of claim and loss, the Coverys leadership team has emphasized the development of a variety of programs to help policyholders improve their practice.
Dr. Heisler has guided the Board, a majority of which is comprised of practicing and retired healthcare providers, for the past four years. He has played a pivotal role in the strategic planning and expansion of the company, and has supported efforts that help Coverys understand how healthcare reform may affect policyholders. Dr. Heisler has been a member of the Board since 1992, having served as the Board’s vice chairman and secretary, and as chairman of the company’s Investment Committee prior to his current position.
Throughout Mr. Brewer’s tenure, he has led the transition of what was then ProMutual Group into a larger, multi-regional company, particularly with the acquisition of FinCor Holdings, Inc. (“FinCor”) in August of 2009 and with the enterprise rebranding this July. Under his leadership, the company has grown to reach more than 20,000 physicians and other healthcare providers as well as nearly 500 hospitals in 22 states across the country. Mr. Brewer will retire on December 31, 2011, at which point he will have served in his current role for 11 years.
For more information about Coverys or to request an interview 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)