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ProAssurance
AddedFeb 13, 2024
UpdatedJun 28, 2026
ProAssurance

ProAssurance

Operating

Alabama-based ProAssurance Corporation provides professional liability insurance to doctors, with over $6 billion in assets.

Location
Birmingham, AL, US
Founded
1976
Firm
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Portfolio
Fundraising
Employees

ProAssurance Corporation, headquartered in Birmingham, Alabama, is a property and casualty company that sells professional liability insurance to doctors. The company was founded in 1976 as Mutual Assurance and was later renamed to Medical Assurance in 1997.

The name "ProAssurance" was created in 2001 when Medical Assurance merged with Professionals Group. The company is currently the fourth largest medical professional liability insurance writer and has over $6 billion in assets.

ProAssurance - Portfolio Snapshot

Portfolio activity breakdown across disclosed investments and stages

Total Investments2
Current Portfolio Count2
Total Portfolio Exits0

Top Investment Stages

Seed1 (50.0%)
Series C1 (50.0%)

Stage Mix

Seed 50%Series C 50%

Concentration shown as share of disclosed investments by stage.

Recent Investments

Sure Med Compliance logo

Sure Med Compliance

Caresyntax logo

Caresyntax

ProAssurance - Classification

Also Known As
  • Proassurance Corporation
NAICS
  • 524000Insurance Carriers and Related Activities
  • 524100Insurance Carriers
  • 524120Direct Insurance (except Life, Health, and Medical) Carriers
  • 524126Direct Property and Casualty Insurance Carriers
  • 520000Finance and Insurance
SIC
  • 6300Insurance Carriers
  • 6330Fire, Marine, And Casualty Insurance
  • 6331Fire, Marine, And Casualty Insurance
ISIC
  • 6430Trusts, funds and similar financial entities
  • 6512Non-life insurance
  • 6520Reinsurance
Show 14 more industry codes
NAICS
  • 524110Direct Life, Health, and Medical Insurance Carriers
  • 524113Direct Life Insurance Carriers
  • 524114Direct Health and Medical Insurance Carriers
  • 524128Other Direct Insurance (except Life, Health, and Medical) Carriers
  • 524130Reinsurance Carriers
  • 525100Insurance and Employee Benefit Funds
  • 525190Other Insurance Funds
  • 525000Funds, Trusts, and Other Financial Vehicles
SIC
  • 6310Life Insurance
  • 6320Accident And Health Insurance And Medical Service Plans
  • 6321Accident And Health Insurance
  • 6390Insurance Carriers, Not Elsewhere Classified
  • 5000Wholesale Trade-durable Goods
  • 6000Depository Institutions