Financial Strength

MedMal Direct has $43.3 Million in admitted assets, $21.2 Million in unencumbered capital and surplus and $14.2 Million in reserves as of December 31, 2016. MedMal Direct has strategically grown its book of business from zero to more than $18 million in premium in 2016 and currently insures approximately 2,400 physicians, surgeons, allied healthcare professionals and healthcare facilities.

With a Financial Stability Rating® of A, Exceptional from Demotech, Inc., MedMal Direct has the financial security to serve you throughout your career. Additionally, MedMal Direct is backed by a panel of reinsurance allies including Liberty Mutual Insurance Company, with combined assets exceeding $230 billion, all of whom have financial strength ratings of “A+” (Superior) or “A” (Excellent) from A.M. Best.

Click here for a letter from our CEO.

Reinsurance Alliances

  • Liberty Mutual Insurance Company
  • Acapella - Lloyd’s Syndicate #2014
  • Advent - Lloyd’s Syndicate #780
  • Amlin AG (Bermuda branch) - Switzerland
  • Amlin - Lloyd’s Syndicate #2001
  • Ascot - Lloyd's Syndicate #1414
  • Barbican - Lloyd’s Syndicate #1955
  • Brit - Lloyd’s Syndicate #2987
  • XL Catlin - Bermuda
  • Hannover Rueckwersicherung AG - Germany
  • HiscoxAgency Ltd. - Bermuda
  • Hiscox - Lloyd’s Syndicate #33

Financial Reports

Audited Financial Statement 2015

Audited Financial Statement 2014

Audited Financial Statement 2013

Audited Financial Statement 2012

 

Annual Statement 2015

Annual Statement 2014

Annual Statement 2013

Annual Statement 2012