Strong & Stable Financials

Protection built on a solid financial foundation

MIEC has always put its doctors first. From leadership to operating on a not for profit basis and delivering dividends. Our success and ability to keep our members protected relies on a solid financial foundation. As the West’s first physician-owned professional liability insurer, we’ve worked tirelessly since 1975 to provide our policyholders with safety and security through our financial resources. Our business practices and leadership have allowed us to maintain strong financial resources now, and for years to come—and to keep profits where they belong—with our members!

Financial Ratings:

= A – (Excellent) A.M. Best Company

Financial Highlights:

View our 2019 5-year consolidated financial report

^$410million

Net Admitted Assets

^$186million

Money in Surplus

^$49million

Direct Written Premium

^$13million

2019 Declared Dividend

Net Admitted Assets

$ 410,163,000

Loss Reserves

$ 136,961,000

Direct Written Premium

$ 49,218,000

Net Written Premium

$ 44,804,000

Policyholder Surplus

$ 187,573,000

0.26:1

Written Premium to Surplus Ratio

0.73:1

Reserves to Surplus Ratio

0.26:1

Declared Dividend to Written Premium Ratio