Demotech Reaffirms MedMal Direct’s Financial Stability Rating® of A, Exceptional

October 22, 2011

Jacksonville-based MedMal Direct Insurance Company’s Financial Stability Rating® (FSR) of A,Exceptional, has been reaffirmed by Demotech, Inc. This level of FSR is assigned to insurers who possess exceptional financial stability related to maintaining positive surplus as regards to policyholders, liquidity of invested assets, an acceptable level of financial leverage, reasonable loss and loss adjustment expense reserves and realistic pricing.

FSRs summarize Demotech’s opinion of the financial stability of an insurer regardless of general economic conditions or the phase of the underwriting cycle. FSRs utilize statutory financial data based on insurance accounting principles prescribed or permitted by the National Association of Insurance Commissioners (NAIC).

Tim Bone, President of MedMal Direct, comments: “We are happy to have this independent, third-party opinion of our Company’s financial stability. Physicians across the state are finding out every day just how much our direct-write distribution model can save them. At a time when our healthcare providers are faced with so many unknowns, it’s nice to be able to rely on one certainty: MedMal Direct saves their practice money with an unwavering commitment to service, defense and financial stability.”