ProAssurance Corporation is an industry-leading specialty insurance company with extensive expertise in medical professional liability, products liability for medical technology and life sciences, and legal professional liability. ProAssurance is recognized as one of the top performing insurance companies in America by virtue of our inclusion in the Ward’s 50 for the past seven years.
We write medical professional liability principally through four subsidiaries, ProAssurance Indemnity Company, Inc., ProAssurance Casualty Company, Podiatry Insurance Company of America (PICA) and our Excess & Surplus Lines carrier, ProAssurance Specialty Insurance Company, Inc. Our products liability for medical technology and life sciences is written through Medmarc Casualty Insurance Company and Noetic Specialty Insurance Company. We write our legal professional liability through a variety of our subsidiaries.
A.M. Best assigns a rating of "A+" (Superior) to the ProAssurance Group (ProAssurance Casualty, ProAssurance Indemnity, and ProAssurance Specialty), and a rating of “A” (Excellent) to Medmarc Casualty Insurance Company, Noetic Specialty Insurance Company and PICA. Fitch assigns a rating of "A" to ProAssurance Corporation and all subsidiaries..