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Physicians and Physician Groups

Overview

ProAssurance is a leading national insurance company with a history of success in and out of the courtroom. With over 45 years of experience serving physicians, ProAssurance is committed to defending good medicine and providing strategies to help your team confidently pursue high standards of care.

Coverage Options

ProAssurance has malpractice insurance solutions for large regional or national physician healthcare organizations and hospital/health systems. No matter the size of your medical liability risk, ProAssurance can work with you and your agency/broker to create a customized insurance solution.

Divisions and Programs

ProAssurance offers a variety of products and programs for specific specialties and providers. Ask your appointed agent or underwriter if one of our programs could be the right fit for your practice.

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Preferred Physicians Group (PPM)

Preferred Physicians Group (PPM)

Preferred Physicians Medical Risk Retention Group, a Mutual Insurance Company (PPM), is the only company of its kind in America. It is an anesthesia focused medical professional liability insurance provider. Established in 1987, PPM was founded as a mutual company, owned by its policyholder members. It pioneered the concept of a specialty-specific insurance company. PPM has a record of sound financial results and stable management.

 Learn more about anesthesia insurance options →

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Certitude

Certitude

Certitude is a medical professional liability insurance program created exclusively for physicians and healthcare providers who are affiliated with an Ascension health ministry. Certitude helps physicians and healthcare providers work together with their Ascension hospital and ProAssurance to work toward a goal of increasing patient safety, lessening risk, and building a strong defense team.

Learn how you can join your health ministry's Certitude program →

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Ob-Gyn Risk Alliance (OBRA)

Ob-Gyn Risk Alliance (OBRA)

The Ob-Gyn Risk Alliance (OBRA) is the first medical professional liability insurance program established exclusively for obstetrician-gynecologists. OBRA serves these specialists’ specific needs and provides a patient safety program. Members are eligible for a profit-sharing premium renewal credit, if the program experiences favorable loss ratios.

Learn more about this exclusive program for ob-gyns →

Custom Physicians

You can expect innovative liability solutions for emerging healthcare classes of risks with diverse needs. Think telemedicine, virtual medicine, locum tenens, emergency medicine, multistate, multispecialty, risk sharing, and more. The Excess & Surplus (E&S) division provides single-source solutions for your physician and healthcare clients seeking alternatives to the standard market medical professional liability coverage.

Physicians, physician groups, and medical facilities are considered based on their unique attributes and requirements. The E&S lines division works with approved wholesale and national retail brokers to find customized coverage options. Solutions may include varying levels and structures of coverage to suit your clients’ needs. These include consent to settle, tail coverage, defense costs, self-insured retentions and deductibles, incident reporting, and more.

Reentry Program Option

Insureds who wish to enter the standard medical professional liability market can apply for the reentry program through PRA Services Corporation. The program includes a review of your practice of medicine. Participation is based on a program fee, personal interview, written documentation, and other factors.

Your participation and satisfactory compliance with ProAssurance’s recommendations enable us to consider you for the standard market, but do not guarantee placement in the market.

If we determine you have satisfactorily completed the program, the appropriate ProAssurance company will offer coverage.*

*Any offer of insurance coverage is subject to filed and approved rates, rules, and forms for admitted carriers or applicable regulations for E&S carriers.

Risk Sharing Programs

Large group options present the opportunity to share risk and rewards for good outcomes according to the level of risk you assume. These include:

LOSS PORTFOLIO TRANSFERS

You may be interested in transferring your liabilities via a loss portfolio transfer (LPT). ProAssurance offers the option to transfer both known claims and IBNR, or only the IBNR depending on your needs. Premium levels and limits are set based on the approach you are seeking.
PRIOR ACTS REPORTING COVERAGE

Large healthcare organizations purchasing physician practices may wish to transfer the associated tail exposures. ProAssurance offers annual reporting policies or prior acts reporting policies for this purpose. 

Your coverage will be tailored to meet the needs associated with your specific situation.
LOSS SENSITIVE PROGRAMS

Large organizations may benefit from addressing risk via a loss sensitive program—including large deductible plans, retrospective rating, or profit share options. There is no "one size fits all" option; each option can be customized to help your organization meet its goals. 
ALTERNATIVE RISK PROGRAMS Very large physician groups may want to consider a turnkey captive solution through our Inova® program or other alternative risk transfer options. Learn more about your alternative risk options with ProAssurance.

Placing Unique Risks Through Our Lines of Business

ProAssurance Group subsidiaries offer coverage options for dentists, chiropractors, and podiatrists.

 

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PICA

PICA

Our Podiatric Physicians Medical Professional Liability Insurance Program is underwritten by ProAssurance Insurance Company of America (PICA) the nation's leading podiatric liability insurer.

Founded by podiatrists for podiatrists, PICA is committed to helping protect and support podiatric physicians in every aspect of their practice.

Learn more →

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OUM

OUM

The OUM Chiropractor Program has provided medical professional liability insurance protection to chiropractors since 1983. We are committed to diligently protecting and defending our policyholders against malpractice claims while providing unparalleled client service.

Learn more →

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DentistCare

DentistCare

DentistCare is a professional liability insurance program for dentists, oral surgeons, and other dental specialists and has been helping dental professionals for more than 25 years.

Dental professional liability insurance takes many different approaches, depending on your group’s size and other important factors.

Learn more →