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 2021 5-year consolidated financial report

^$434million

Net Admitted Assets

^$205million

Money in Surplus

^$49million

Direct Written Premium

^$6.4million

2022 Distributed Dividend

Net Admitted Assets

$ 434,610,344

Loss Reserves

$ 158,732,081

Direct Written Premium

$ 49,275,740

Net Written Premium

$ 44,825,363

Policyholder Surplus

$ 205,819,064

0.24:1

Direct Written Premium to Surplus Ratio

0.77:1

Reserves to Surplus Ratio

0.12:1

Declared Dividend to Written Premium Ratio