MedMal Direct Insurance Company Earns a Financial Stability Rating® of A, Exceptional

September 05, 2010

Jacksonville-based MedMal Direct Insurance Company has earned a Financial Stability Rating® (FSR) of A, Exceptional, from 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). Since 1989, FSRs of A or better have been accepted by the major participants in the secondary mortgage marketplace, including Fannie Mae, Freddie Mac and HUD.

About MedMal Direct Insurance Company

MedMal Direct Insurance Company (MedMal Direct) is a Florida stock insurance company that provides medical malpractice insurance directly to the physician community without the use of insurance agents or brokers and is enabling physicians and medical practices to realize significant savings on one of their largest expenses — medical professional liability insurance premiums. MedMal Direct has developed the business model and customer service platform to be “cost effective, user-friendly and responsive” at a time when the bottom line of physicians and medical practices is under pressure from the economic downturn and the expected reduction in Medicare and Medicaid reimbursements. The company’s management team has more than 100 years of combined experience in the insurance and financial services industry and its medical malpractice insurance product has the same features and provides the same coverage as those currently being offered by other insurers in the market through the traditional brokerage system. With a strong balance sheet and actuarially-sound and conservative underwriting philosophy, MedMal Direct will provide Florida’s physicians and practices with the comfort and protection they need at a lower price. “It’s Better To Be Direct.” Visit for more information.

About Demotech, Inc.

Since 1985, Demotech, Inc., a Columbus, Ohio based financial analysis firm, has provided responsive services to address actuarial and financial analysis issues, whether the issues have been for a particular insurer or prevalent throughout the insurance industry. As the first company to have its rating process formally reviewed and accepted by Fannie Mae, Freddie Mac and HUD, Demotech has been leveling the playing field by offering Financial Stability Ratings® (FSRs) to insurers of all sizes. Demotech applies its broad actuarial and industry experience to its consulting services, which include pricing analysis and loss and loss adjustment expense reserve reviews. Visit for more information.