Founded in 1899, Medical Protective Group (MedPro) is the oldest professional liability carrier in the United States. Today, it remains one of the largest and most respected medical malpractice insurers, known for its financial strength, flexible policy options, and physician-focused benefits.
Whether you are in medical school, residency, or private practice, malpractice insurance is an essential part of protecting your career. Here’s what you should know about MedPro Group — a trusted name in physician liability coverage.
About MedPro Group
MedPro Group, based in Fort Wayne, Indiana, has been protecting medical professionals for over a century. The company was privately owned until General Electric purchased it in 1998, and later became part of Berkshire Hathaway in 2005.
As a subsidiary of Berkshire Hathaway, MedPro benefits from one of the strongest financial backings in the insurance industry. The company’s long history and focus on healthcare professionals make it a consistent leader in the medical malpractice space.
The History and Financial Strength of MedPro
MedPro Group’s financial stability is one of its biggest strengths. The company holds an A++ (Superior) rating from A.M. Best and an A+ (Strong) rating from Standard & Poor’s, reflecting its strong market presence and excellent claims-paying ability.
According to MedPro, these ratings highlight the company’s:
- Leading national market share and distribution network
- Consistently strong earnings and investment performance
- Proven track record of managing claims efficiently and effectively
This long-term financial strength gives policyholders confidence that MedPro will be there when it matters most.
MedPro’s Medical Malpractice Insurance Coverage
MedPro offers a range of coverage options to fit the needs of healthcare professionals at every career stage.
Coverage Options
- Occurrence coverage: Protects you for incidents that happen during the policy period, even if a claim is filed later.
- Claims-made coverage: Provides protection only while the policy is active and premiums are paid.
- Convertible claims-made coverage: Allows you to convert a claims-made policy into an occurrence policy for added flexibility.
Policy Benefits
- Consent-to-settle provision: MedPro cannot settle a claim without your written consent.
- Free tail coverage for retiring physicians: Available for policyholders with at least one year of continuous coverage.
- Cyber and privacy liability insurance: Includes $50,000 in coverage for data and privacy-related claims.
- Claims defense: MedPro wins approximately 90% of physician liability trials.
- Additional options: General liability and errors and omissions coverage can be added to your policy.
These features make MedPro’s policies among the most comprehensive in the malpractice insurance industry.
Credits and Other Benefits
MedPro offers a variety of specialty-specific discounts and benefits designed to reward safe practice and professional participation.
Nurse Practitioners:
- 19% employed discount
- 25% new-to-practice credit in the first year
- 10% risk management credit
Certified Registered Nurse Anesthetists (CRNAs):
- Up to 65% part-time or moonlighting credit
- 50% first-year practice credit
- 25% second-year credit
- 5% risk management credit
Physician Assistants:
- 10% American Academy of Physician Assistants (AAPA) membership credit
- 25% first-year new-to-practice credit
- Up to 67% part-time and moonlighting credit
Optometrists:
- 5% American Optometric Association (AOA) membership credit
- 25% new-to-practice credit
- 60% part-time credit
- 5% risk management credit
Additional Policyholder Benefits
All eligible specialties also receive:
- $10,000 for administrative hearing defense
- $10,000 for HIPAA-related proceedings
- $5,000 for deposition defense (if not named in a suit)
- $2,500 per day, up to $10,000, for loss of earnings related to legal matters
- Flexible options for leave of absence, including family, educational, or medical leave
For podiatrists and chiropractors, MedPro offers higher benefits for lost earnings and HIPAA-related expenses.
Key Takeaways
MedPro Group’s longevity, strong financial backing, and wide range of coverage options make it one of the most dependable choices for physicians seeking malpractice insurance.
Its A++ rating, flexible policy structure, and specialty-specific benefits show why MedPro has remained an industry leader for more than 125 years.
To compare MedPro Group with other top malpractice carriers, get malpractice insurance quotes through LeverageRx.
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