The Doctors Company Named a Ward’s 50 Top-Performing Company
Napa, California—July 23, 2012—The Doctors Company, the nation’s largest insurer of physician and surgeon medical liability, is pleased to announce that it has been named a 2012 Ward’s 50® top-performing company.
This year’s selection marks the 11th time that The Doctors Company has achieved top-performing status. Ward Group, an insurance industry management consulting firm and provider of benchmarking and best practices services, makes its selections after analyzing the performance of over 3,000 property-casualty insurance companies based in the U.S.
“We are pleased that Ward Group has recognized The Doctors Company’s financial strength and consistently excellent performance,” said Richard E. Anderson, MD, FACP, chairman and CEO of The Doctors Company. “This award is an affirmation of our operational excellence and our mission-driven commitment to our members. We are firmly positioned to provide the industry’s most aggressive claims defense and financially reward our physician members for their delivery of outstanding patient care.”
“Ward Group recognizes The Doctors Company as one of the top-performing property-casualty companies in the insurance industry,” said Jeff Rieder, partner and head of Ward Group. “Excellent returns and strong operating results helped make The Doctors Company a top-performing insurance organization. Ward Group looks at company performance over a five-year period, and The Doctors Company has demonstrated the ability to maintain outstanding results over the long term.”
Dr. Anderson added: “During the five-year review period, our strength and performance were enhanced through strategic acquisitions and organic growth. Because of this success, we’ve reduced operating expenses while continuing to offer competitive premium rates. These factors make it possible to protect and reward our members with more power and financial resources than ever before.”
About Ward Group
Ward Group, founded in 1991, is the leading provider of benchmarking and best practices research studies for insurance companies, specializing in staffing levels, business practices, and expense management. Additional information on the 2012 Ward’s 50 can be found at www.wardinc.com.
About The Doctors Company
Founded by doctors for doctors in 1976, The Doctors Company (www.thedoctors.com) is relentlessly committed to advancing, protecting, and rewarding the practice of good medicine. The Doctors Company is the nation’s largest insurer of physician and surgeon medical liability, with 71,000 members, $4 billion in assets, an A (Excellent) rating from A.M. Best Company, and an A (Strong) rating from Fitch Ratings.