As a reciprocal exchange, MIEC is entirely owned by the policyholders we protect. We are never satisfied treating you as just a policyholder—you are an owner of our organization. With no external shareholders to satisfy, this ownership model allows us to return profits to whom they rightfully belong—MIEC policyholders. We do not inflate our surplus or tie up profits in non-guaranteed deferred retirement plans, we give it back. Over the last 49 years, we have put nearly $456 million back into the pockets of our policyholders. 

Here are more reasons to choose MIEC for your professional liability insurance:

We have low and stable rates.
We operate with low overhead icon
We give back profits icon
We are physician owned and governed icon
We are experienced, focused and responsive icon
We protect your reputation and your assets icon
We reduce risk icon
We are financially strong icon. A- (Excellent) rating from A.M. Best

MIEC has been in business for over four decades. During those years our claims experts have handled almost 40,000 malpractice claims and lawsuits reported by our policyholders. Over 90% of those cases were closed paying zero indemnity monies to plaintiffs—or their attorneys. Our focus on protection yields results. Whether it is our experienced Patient Safety & Risk Management team’s approach to preventing claims, or our legal team defending you when you need it most, our long-term performance speaks for itself.