MIEC is a Medical Professional Liability Insurer (MPLI) that is owned by the members we insure. We are dedicated to serving their interests.
This organization was created by physicians and their medical societies out of a crisis when insurance was unavailable to the medical community. We are committed to a long term philosophy of business conduct that ensures that such a crisis never happens again.
We believe in reducing the expense of providing Medical Professional Liability Insurance through:
- careful risk selection and stable responsible pricing,
- fairness and transparency in charging premiums that reflect the different risk characteristics of our members,
- professional and uncompromising claim defense,
- practical and effective Patient Safety initiatives that improve outcomes and reduce the number and severity of claims,
- sensible investment of financial assets and,
- efficient internal operations staffed by experienced professionals.
When circumstances allow, and to the extent operations generate capital that exceeds the long term needs of the organization, we believe in returning profits to our members.
We provide individualized, high quality service to our members throughout their careers. We value the personal relationships that arise from our work.
We believe in our staff. It is people who deliver our products and services. We value the passion and skill they bring to fulfilling the mission of this organization. In return, we will provide our staff with fair compensation, and a collaborative, respectful and stimulating work environment.
Our organization will always try to anticipate and be responsive to the changing nature of the practice of medicine. We seek to understand our customer’s needs and provide products that address them - with minimal disruption to their practice.
We believe in following the letter and spirit of the laws and regulations in the places we operate.
The Value Proposition presented by MIEC: MIEC is the place where the skills and resources of its Members, Board of Governors, Sponsoring Medical Societies, Consultants and Staff are brought together to carry out its Mission - To Provide Innovative and Cost Effective Medical Professional Liability Protection and Patient Safety Services for Physicians and Other Healthcare Professionals.
MIEC Policyholder Longevity