COVERYS

Coverys is a national leader in medical professional liability insurance, tracing its roots to Medical Professional Mutual Insurance Company (ProMutual), established in 1975 as a joint underwriting association created by the Massachusetts Legislature. Over five decades, the company has grown from a Massachusetts-focused carrier into a multi-state platform with an international presence through Coverys Limited in London.

The organization operates through multiple subsidiaries -- Medical Professional Mutual Insurance Company, ProSelect Insurance Company, Coverys Specialty Insurance Company, Preferred Professional Insurance Company, and Coverys Risk Retention Group -- all maintaining an AM Best A (Excellent) financial strength rating. As of year-end 2024, Coverys reported total assets of USD 3.8 billion, direct written premium of USD 647 million, and policyholder surplus of USD 1.6 billion.

Coverys serves physicians, surgeons, dentists, podiatrists, nurse practitioners, physician assistants, certified nurse midwives, outpatient facilities, hospitals, health systems, and accountable care organizations. The company differentiates through its integrated RiskRx PRO platform, which combines proactive clinical risk management, advanced analytics, and claims resolution into a unified service offering.