ProAssurance

ProAssurance Corporation is a holding company that specializes in property and casualty insurance, primarily focusing on professional liability insurance in the United States. Founded in 1976, the company operates several wholly-owned subsidiaries located in Alabama, Illinois, Michigan, Nevada, and Vermont. These subsidiaries provide various insurance products, including professional liability coverage for healthcare professionals and facilities, as well as for attorneys, in addition to offering workers' compensation insurance. ProAssurance categorizes its operations into five segments: Specialty Property and Casualty, Workers' Compensation, Segregated Portfolio Cell Reinsurance, Lloyd's Syndicate, and Corporate. The majority of the company's revenue is derived from its Specialty Property and Casualty segment, with Workers' Compensation contributing as a significant secondary source of income.

Robert Francis

President

Edward Rand

Executive Vice President and COO

10 past transactions

Caresyntax

Series C in 2024
Caresyntax Inc. is a Boston-based company that provides a digital surgery platform designed to enhance surgical performance and improve patient outcomes. The platform integrates various data sources, including video, audio, and clinical information, to deliver actionable insights for operating room (OR) teams. By leveraging advanced analytics and IoT technology, Caresyntax enables healthcare organizations to benchmark surgical outcomes, optimize resource utilization, and reduce variability in clinical performance. The software is utilized in over 4,000 operating rooms globally, supporting more than 30,000 surgeons and impacting the care of over 2 million patients each year. The company offers solutions that facilitate real-time reporting and workflow automation, allowing hospitals to mitigate risks and improve surgical training without the extensive investment typical of traditional big data analytics. Founded in 1991, Caresyntax continues to advance the use of technology in healthcare to drive better surgical practices and outcomes.

Sure Med Compliance

Seed Round in 2022
Sure Med Compliance is a company that offers digital health solutions aimed at enhancing healthcare insights and improving patient outcomes. By providing clinical insights and electronically reported patient outcomes, the company focuses on creating safer prescribing practices for controlled substances. Its platform is designed to support healthcare professionals in managing pain, dependence, and addiction while minimizing legal risks associated with prescribing. This approach not only aids in better decision-making for physicians but also helps mitigate risks for patients, contributing to safer healthcare environments in pain management settings.

Caresyntax

Series C in 2021
Caresyntax Inc. is a Boston-based company that provides a digital surgery platform designed to enhance surgical performance and improve patient outcomes. The platform integrates various data sources, including video, audio, and clinical information, to deliver actionable insights for operating room (OR) teams. By leveraging advanced analytics and IoT technology, Caresyntax enables healthcare organizations to benchmark surgical outcomes, optimize resource utilization, and reduce variability in clinical performance. The software is utilized in over 4,000 operating rooms globally, supporting more than 30,000 surgeons and impacting the care of over 2 million patients each year. The company offers solutions that facilitate real-time reporting and workflow automation, allowing hospitals to mitigate risks and improve surgical training without the extensive investment typical of traditional big data analytics. Founded in 1991, Caresyntax continues to advance the use of technology in healthcare to drive better surgical practices and outcomes.

Eastern Insurance Holdings

Acquisition in 2013
Eastern Insurance Holdings, Inc. is a publicly-traded holding company (Nasdaq: EIHI) that through its operating subsidiaries is a specialty underwriter of niche products for commercial markets, with workers' compensation as our principal focus.

IND - Independent Nevada Doctors

Acquisition in 2012
IND - Independent Nevada Doctors is the writer of Medical Professional Liability ("MPL") insurance in the state of Nevada.

Medmarc Insurance Group

Acquisition in 2012
Medmarc Insurance Group is the expert in the products liability risks facing medical technology and life sciences companies.

American Physicians Service Group

Acquisition in 2010
American Physicians Service Group provides medical professional liability insurance and related services.

Podiatry Insurance Company of America

Acquisition in 2009
Podiatry Insurance Company of America is the nation's provider of medical professional liability insurance.

NCRIC Group

Acquisition in 2005
NCRIC Group is a holding company which owns NCRIC, Inc., a medical professional liability insurance company, and NCRIC MSO, Inc., a physician practice management and financial services company. NCRIC, Inc.'s and NCRIC MSO's principal operations are in the District of Columbia, Maryland and Virginia.
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