Coverys News

Coverys Launches Excess & Surplus Lines Company

Coverys, a Boston-based provider of medical professional liability insurance and related services, announced the creation of Coverys Specialty Insurance Company, a new excess and surplus lines underwriting company. The New Jersey-domiciled Coverys Specialty’s offering will round out Coverys’ suite of …

Massachusetts Commissioner Murphy to Step Down, Join Coverys as COO

Massachusetts Insurance Commissioner Joseph Murphy will step down from his post and join Boston-based medical professional liability insurer Coverys as its new chief operating officer, Coverys announced Monday.

Coverys to Acquire ELM Exchange in Maryland

Coverys, a Boston-based medical professional liability insurer, announced it has finalized an agreement to acquire ELM Exchange Inc. in Rockville, Maryland. ELM provides customized online educational programs that are designed to help healthcare providers minimize clinical risk and maximize patient …

ProMutual Completes Acquisition of Medical Malpractice Insurer PPIC

Boston-based Medical Professional Mutual Insurance Co. (ProMutual), a Coverys company, said it has finalized the previously-announced acquisition of Preferred Professional Insurance Co. (PPIC), located in Omaha, Nebraska. PPIC was formerly owned by 18 Catholic healthcare systems, seven of which are …

Coverys Appoints Bagley as General Counsel in Boston

Coverys, a Boston-based medical professional liability insurer, has appointed Erin Brennan Bagley as vice president and general counsel. Bagley will be responsible for overseeing Coverys’ legal department and advising the company on all corporate legal matters.

Coverys to Acquire Nebraska’s Preferred Professional Insurance Co.

Medical Professional Mutual Insurance Co. (ProMutual), a Coverys member company, has plans to acquire Preferred Professional Insurance Co. (PPIC), located in Omaha, Neb. PPIC supports Catholic healthcare systems across the country by providing professional liability insurance, other casualty coverages, and …

Coverys Acquires OHA Holdings, Ohio Insurance Solutions

OHA Holdings Inc. and its wholly owned subsidiary OHA Insurance Solutions (OHAIS), located in Columbus, Ohio, have been acquired by medical professional liability insurance provider, Coverys. OHAIS was created by the Ohio Hospital Association (OHA) and has provided strength and …

Coverys to Acquire Ohio Medical Professional Liability Insurance Firm

FinCor Holdings Inc., a member of Coverys which is based in Boston, has agreed to acquire OHA Holdings Inc. and its wholly-owned subsidiary OHA Insurance Solutions (OHAIS), located in Columbus, Ohio. Coverys provides medical professional liability insurance for healthcare professionals. …

Boston-Based Med-Mal Insurer Coverys Appoints Chief Operating Officer

Coverys, a Boston-based medical professional liability insurer, announced that Jack Donehue, former chief financial officer for Coverys (then called ProMutual Group) from 1989 to 2010, has returned to the organization as chief operating officer. In his role as COO, Donehue …

Washington Casualty Names New Marketing Vice President

Washington Casualty Company (WCC), a provider of medical professional liability coverage and member company of Boston, Mass.-based Coverys, has promoted Cary Ecker to vice president of marketing. Cary will manage the WCC office of Coverys, oversee new and existing business …