Napa, California—July 17, 2013—The Doctors Company, the nation’s largest physician-owned medical malpractice insurer, is pleased to announce that it has been named to the 2013 Ward’s 50®.
This year’s honor marks the 12th Ward’s 50 award for The Doctors Company. Ward Group, an insurance industry management consulting firm and provider of benchmarking and best practices services, analyzed the performance of over 3,000 property-casualty insurance companies based in the U.S. and chose the 50 top performers.
“We are pleased that Ward Group has once again recognized The Doctors Company’s financial strength and consistently outstanding performance,” said Richard E. Anderson, MD, FACP, chairman and CEO of The Doctors Company. “This award is an affirmation of our mission-driven commitment to our members. We provide the industry’s best 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 Jeffrey 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 both strategic acquisitions and organic growth. With this success, we have been able to reduce operating expenses and decrease rates by nearly 30 percent while remaining true to our mission and values.”
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 physician-owned medical malpractice insurer, with 73,000 members and $4 billion in assets, and is rated A by A.M. Best Company and Fitch Ratings.
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