Medical Mutual Unlocks the Door to the Mid-Atlantic
With the close of the policy acquisition, we are excited to officially welcome HPIX policyholders to the Medical Mutual family. Rest assured that the customer service and level of support that you have grown accustomed to will continue. In fact, the resources and benefits you have received will be enhanced with this new partnership as we work together with HPIX to unlock the value that we will offer to you. Our employees have joined forces to continue to fulfill our commitment to promote, protect, and reward the practice of good medicine.
The acquisition expands Medical Mutual’s footprint into the Mid-Atlantic territory, and is expected to grow our insured count by 20%. The strong, positive relationships that have been established with HPIX agents and brokers will support the successful expansion of Medical Mutual into the Mid-Atlantic market.
About Healthcare Providers Insurance Exchange
HPIX is a reciprocal insurance exchange and top ten provider of commercial medical professional liability insurance to health care professionals in its core markets of Pennsylvania, New Jersey, Maryland, and Delaware. Founded in 2002, Healthcare Providers Insurance Exchange is headquartered in Philadelphia, PA, with an office in Harrisburg, PA. The employees of American Healthcare Providers Insurance Service Company, an attorney-in-fact acquired by HPIX in 2014, currently manage HPIX.About Medical Mutual Insurance Company of North Carolina
Medical Mutual is a physician-owned provider of medical professional liability founded in 1975. Since its inception, Medical Mutual has promoted physician advocacy through its longstanding partnerships with organizations such as the North Carolina Medical Society. The company protects over 10,000 physicians, has been rated "A" (Excellent) by A.M. Best for 12 consecutive years, and is a leading provider of medical professional liability insurance in its core markets. In January of 2014, Medical Mutual converted its structure from a mutual to a stock insurance company and formed a mutual insurance holding company, Medical Mutual Holdings, in order to better maximize business opportunities and increase the overall value of membership in the company.
For questions, please contact Marina Calabrese.