Craft

ProAssurance

Stock Price

$15.2

2024-10-29

Market Capitalization

$777.6 M

2024-10-29

Revenue

$1.1 B

FY, 2025

ProAssurance Summary

Company Summary

Overview
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.
Type
Public
Status
Active
Founded
1976
HQ
Homewood, AL, US | view all locations
Website
http://www.proassurance.com/
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • William Stancil Starnes

    William Stancil Starnes, Chairman, Chief Executive Officer and President

    • Michael Leonard Boguski

      Michael Leonard Boguski, President, Specialty P&c

      • Kevin Merrick Shook

        Kevin Merrick Shook, President, Workers' Compensation Insurance

        • Edward Lewis Rand

          Edward Lewis Rand, President and Chief Executive Officer

          Operating MetricsView all

          Reported Claims, units

          25.5K
          2.5%

          FY, 2016

          Countries

          3

          Aug, 2017

          Locations

          40

          Aug, 2017

          LocationsView all

          18 locations detected

          • Homewood, AL HQ

            United States

            100 Brookwood Pl

          • Auburn, ME

            United States

            86 Main St #304

          • Austin, TX

            United States

            7600 N Capital of Texas Hwy building b, suite 300

          • Carmel, IN

            United States

            12911 N Meridian St #100

          • Chantilly, VA

            United States

            4795 Meadow Wood Ln #335

          • Charlotte, NC

            United States

            Fairview Center One 6302, Fairview Rd Suite 200

          and 12 others

          ProAssurance Financials

          Summary Financials

          Revenue (Q1, 2026)
          $262.6M
          Net income (Q1, 2026)
          $8.5M
          Cash (Q1, 2026)
          $14.1M
          Enterprise value
          $1.2B

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