Boston, MA - July 9, 2013
- Medical Professional Mutual Insurance Company and its subsidiaries (“Coverys”) announced this week that it will donate over $50,000 to The One Fund Boston in support of the victims of the Boston Marathon bombings. The One Fund Boston was established by Boston Mayor Thomas Menino and Massachusetts Governor Deval Patrick as a central depository for charitable contributions to benefit victims of the tragic April 15, 2013, Boston Marathon bombings.
Over the duration of the 30 day fundraising campaign, Coverys’ employees donated over $9,000 through payroll deductions or directly through The One Fund Boston website. Coverys double matched its employees’ contributions to The One Fund Boston in the amount of $18,000. An additional $25,000 was donated by its charitable foundation, Coverys Community Healthcare Foundation. Collectively, $52,000 was raised and distributed to The One Fund Boston.
“In wake of the tragic events of the Boston Marathon bombings, Coverys wanted to support the survivors of this terrible tragedy and their families, and also wanted to provide support to the community in which we have operated in for the past 38 years,” said Gregg Hanson, CEO and president of Coverys. “We are proud to be able to collaborate with our employees to support The One Fund Boston.”
The Coverys Community Healthcare Foundation provides consistent support for non-profit organizations and state/regional medical societies including innovative projects committed to enhancing the delivery of healthcare. Coverys positively reinforces charitable organizations and innovative programs through funding and participation, including causes in which Coverys employees are involved. Coverys is dedicated to being an affirmative and active corporate citizen in the healthcare community and the communities in which it operates.
To learn more about The One Fund Boston, please visit onefundboston.org
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 25,000 physicians, surgeons, dentists, certified nurse midwives and allied healthcare providers, as well as more than 500 hospitals, health centers and clinics in 24 states from coast to coast. Coverys has net admitted assets of $3.3 billion, direct written premium of $368 million and policyholder surplus of $1.3 billion, as of December 31, 2012. In addition, Coverys member insurance companies Medical Professional Mutual Insurance Company (“ProMutual”) and ProSelect Insurance Company (“ProSelect”), as well as ProMutual-sponsored Coverys RRG, Inc. (“Coverys RRG”) have a Best’s Rating of A (Excellent). MHA Insurance Company (“MHAIC”) and Washington Casualty Company (“WCC”) have a Best’s Rating of A- (Excellent).
Coverys emphasizes physician education and patient safety, and the company is acknowledged as a leader in providing supportive risk management services and resolute claim defense to the ￼healthcare community. Coverys also offers a variety of interactive and relevant continuing medical education (CME) activities to healthcare providers across the country. For more information visit the Coverys website at www.coverys.com. Timely industry and company news can also be found on the Coverys blog at coverys.wordpress.com, on Twitter (@Coverys) and on the company’s Facebook page.