Strong & Stable Financials

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 2018 5-year consolidated financial report

$402million

Net Admitted Assets

$170million

Money in Surplus

$51million

Direct Written Premium

$12million

2018 Declared Dividend

Net Admitted Assets
$ 402,171,000
Loss Reserves
$ 131,684,000
Direct Written Premium
$ 51,047,000
Net Written Premium
$ 46,421,000
Policyholder Surplus
$ 170,491,000
0.30:1

Written Premium-to-Surplus Ratio

0.80:1

Reserves-to- Surplus Ratio

0.24:1

Declared Dividend-to-Written Premium Ratio