The Doctors Company, the nation’s largest physician-owned medical malpractice insurer, has been named a Ward’s 50 top-performing company.
This marks the seventh consecutive year that the company has achieved Ward’s status, and the 14th overall.
Ward Group, an insurance industry management consulting firm and provider of benchmarking and best practices services, chose the top performers after analyzing the performance of nearly 3,000 property and casualty insurance companies based in the US over a five-year period (2010-2014).
“From 2010 through 2014, The Doctors Company demonstrated its ability to consistently generate outstanding results,” said Jeffrey Rieder, partner and head of Ward Group. “Ward Group recognizes The Doctors Company for achieving those outstanding financial results in the areas of safety, consistency, and performance.”
Dr Richard Anderson, chairman and chief executive officer of The Doctors Company, added: “Once again, we are honored that Ward Group has recognized The Doctors Company as one of the top insurance companies in the United States.
“This award is a testament to our financial strength, which gives us the power to protect and defend our 77,000 members now and in the future and to meet our mission-driven commitment to our members.
Our conservative fiscal approach and conscientious investment strategies have yielded a member surplus of $1.8 billion — the largest of any physician-owned medical liability insurer in the nation — and $4.5 billion in assets.”
The Doctors’ Company, US, Medical Malpractice, Insurance, Ward’s 50