At Medical Protective we're proud to focus on protection.
Back in 1899, a group of physicians in Fort Wayne, Indiana banded together to form a group to help defend themselves from a growing phenomenon – professional medical liability lawsuits. As the group grew, the physicians realized that the insurance business was better handled full time by experts. While they kept their influence within the company, they handed over the reigns to Byron H. Somers and Charles M. Niezer. By 1925, Medical Protective became the largest insurer of healthcare providers.
Medical Protective was a family owned company for almost a century. In 1998 General Electric acquired Medical Protective only to sell most of their insurance holdings within the next eight years. Fortunately, Medical Protective found it’s ideal owner in Warren Buffett’s Berkshire Hathaway in 2005.
Since becoming part of the Berkshire Hathaway Group of businesses we have once again blossomed. Mr. Buffett’s long-term strategy and view of business and insurance itself has allowed us the freedom to re-enter markets we had left dormant during our transition from a family owned company to a Berkshire Hathaway company. We’re excited and pleased to be the masters of our own destiny and offer our superior protection and services to more physicians across the country.
As a physician, your protection is our focus. We’re proud to defend the reputation and assets of over 70,000 healthcare providers. We have dedicated ourselves to not only providing the strongest, most proactive defense, but also giving you “preventative medicine” by giving you the knowledge and information to help avoid lawsuits.
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