ProAssurance Corporation
ProAssurance Corporation, through its subsidiaries, provides property and casualty insurance and reinsurance products in the United States. It operates through three segments: Specialty Property and Casualty, Workers' Compensation Insurance, and Segregated Portfolio Cell Reinsurance, along with a Corporate segment. The company offers professional liability insurance to healthcare providers and institutions as well as attorneys and their firms, medical technology liability insurance to medical technology and life sciences companies, and custom alternative risk solutions including assumed reinsurance and captive cell programs for healthcare professional liability insureds. It also provides workers' compensation insurance products such as guaranteed cost policies, policyholder dividend policies, retrospectively rated policies, and deductible policies, as well as alternative market solutions including program design, fronting, claims administration, risk management, SPC rental, asset management, and SPC management services for individual companies, agencies, groups, and associations. Products are marketed through independent agencies and brokers and through an internal business development team. ProAssurance Corporation was founded in 1976 and is headquartered in Birmingham, Alabama.
USA