ProAssurance Company Description
ProAssurance Corporation, through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States.
It operates through Specialty Property and Casualty, Workers' Compensation Insurance, and Segregated Portfolio Cell Reinsurance segments.
The company offers professional liability insurance to healthcare providers and institutions, and attorneys and their firms; medical technology liability insurance to medical technology and life sciences companies; and custom alternative risk solutions, including assumed reinsurance, loss portfolio transfers, 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 that include program design, fronting, claims administration, risk management, SPC rental, asset management, and SPC management services for individual companies, agencies, groups, and associations.
It markets its products through independent agencies and brokers, as well as an internal business development team.
ProAssurance Corporation was founded in 1976 and is headquartered in Birmingham, Alabama.
| Country | United States |
| Founded | 1976 |
| Industry | Fire, Marine, and Casualty Insurance |
| Employees | 1,036 |
| CEO | Edward Rand |
Contact Details
Address: 100 Brookwood Place Birmingham, Delaware 35209 United States | |
| Phone | 205 877 4400 |
| Website | proassurance.com |
Stock Details
| Ticker Symbol | PRK |
| Exchange | Frankfurt Stock Exchange |
| Stock Type | Common Stock |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| SIC Code | 6331 |
Key Executives
| Name | Position |
|---|---|
| Edward Rand | Chief Executive Officer |
| Dana Hendricks | Chief Financial Officer |
| Heather Wietzel | Head of Investor Relations |