Providing a Spectrum of Healthcare Liability and Other Insurance Solutions … and More ProAssurance’s group of insurance companies specializes in providing the full spectrum of healthcare liability, workers’ compensation, and legal professional liability insurance options. ProAssurance professionals possess deep knowledge of underwriting, risk management, and claims handling, all while representing a unique pledge to treat clients and all involved fairly. Healthcare liability solutions, from the simple to the most sophisticated, are available for every niche in healthcare. So whether you represent a health system, hospital, physicians, clinic, ancillary care providers and facilities, or medical technology and life sciences, we can help. Of its insurance companies, ProAssurance Group holds a financial strength rating of A+ (Superior) from A.M. Best; that group is made of up ProAssurance Casualty Company, ProAssurance Indemnity Company, Inc., ProAssurance Specialty Insurance Company, and ProAssurance American Mutual. PICA Group and Eastern Alliance Insurance Company each carry the A (Excellent) A.M. Best strength rating. In addition, ProAssurance has been recognized as a Ward’s 50® top performing property and casualty insurer each year since 2007—out of nearly 3,000 insurers examined annually. So whether you are a talented individual seeking a dynamic employer or an organization or professional seeking to insure risk, ProAssurance provides you with a strong option. We are committed to collaboration and making it easier for you to obtain unique solutions and the right fit. Choose to be treated fairly today for sophisticated support and greater clarity.
ProAssurance Corporation was founded in 1976 and is headquartered in Birmingham, US
ProAssurance Corporation Office Locations
ProAssurance Corporation has an office in Birmingham
Birmingham, US (HQ)
100 Brookwood Pl
ProAssurance Corporation Data and Metrics
ProAssurance Corporation Financial Metrics
ProAssurance Corporation's revenue was reported to be $870.2 m in FY, 2016 which is a 13% increase from the previous period.
$, USD
Revenue (FY, 2016) | 870.2 m |
Revenue growth (FY, 2015 - FY, 2016), % | 13% |
Net income (FY, 2016) | 151.1 m |
Market capitalization (22-Jun-2017) | 3.2 b |
Closing share price (22-Jun-2017) | 60.2 |
Cash (31-Dec-2016) | 117.3 m |
ProAssurance Corporation's current market capitalization is $3.2 b.
| $, USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 740.2 m | 852.3 m | 772.1 m | 870.2 m |
Revenue growth, % | 15% | (9%) | 13% | |
Operating expense total | 643.2 m | 694 m | ||
Interest expense | 14.6 m | 15 m | ||
Pre tax profit | 128.9 m | 176.2 m | ||
Net Income | 297.5 m | 196.6 m | 116.2 m | 151.1 m |
| $, USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 129.4 m | 197 m | 241.1 m | 117.3 m |
Goodwill | 161.1 m | 210.7 m | 210.7 m | 210.7 m |
Total Assets | 5.2 b | 5.2 b | 4.9 b | 5.1 b |
Additional Paid-in Capital | 349.9 m | 359.6 m | 365.4 m | 376.5 m |
Retained Earnings | 2 b | 2 b | 2 b | 1.8 b |
Total Equity | 2 b | 1.8 b | ||
Financial Leverage | 2.5 x | 2.8 x |
| $, USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 297.5 m | 196.6 m | 116.2 m | 151.1 m |
Depreciation and Amortization | 46 m | 50.3 m | 36.4 m | 32.8 m |
Cash From Operating Activities | 38.6 m | 96 m | 112 m | 169.1 m |
Long-term Borrowings | (127.2 m) | |||
Cash From Financing Activities | 40 m | (295.3 m) | (295.7 m) | (13.9 m) |
Interest Paid | 913 k | 13.4 m | 14 m | 14.7 m |
| $, USD | Y, 2016 |
|---|---|
Revenue/Employee | 927.7 k |
Financial Leverage | 2.8 x |
