What Does ProAssurance Do?

Total employees930
HeadquartersBirmingham
Founded1976

ProAssurance Corporation is an industry-leading specialty insurer with extensive expertise in healthcare professional liability, products liability for medical technology and life sciences, legal professional liability, and workers' compensation insurance. They are committed to providing fair treatment and financial security to their policyholders and stakeholders, built on a foundation of financial strength and integrity. ProAssurance focuses on specialized markets where their underwriting and claims expertise can make a significant difference.

Where Is ProAssurance's Headquarters?

HQ Function

The Birmingham headquarters serves as the central command for ProAssurance's national operations, housing key executive leadership, corporate strategy, underwriting policy development, financial reporting, and investor relations functions.

Notable Features:

Located in the Brookwood office park area, the headquarters is a modern corporate facility designed for professional operations. While specific architectural awards aren't widely publicized, it's designed to support a productive and collaborative work environment.

Work Culture:

The work culture at ProAssurance HQ is likely characterized by professionalism, deep industry expertise, ethical conduct, and a focus on risk management and client service. It fosters an environment of collaboration among specialized teams dedicated to the complexities of specialty insurance.

HQ Significance:

The headquarters in Birmingham is significant as it anchors ProAssurance's nationwide presence and underscores its long-standing commitment to the region. It's the nerve center for a company recognized for its financial strength and disciplined underwriting.

Values Reflected in HQ: The headquarters' professional setting and strategic location reflect ProAssurance's core values of integrity, expertise, financial stability, and a commitment to providing exceptional service and support to its policyholders and partners.

Location:

ProAssurance primarily operates within the United States, offering its specialty property and casualty insurance products across all 50 states and the District of Columbia. While its core business is domestic, focusing on US healthcare professionals, facilities, and other specialized markets, it may engage in reinsurance activities that have an international component. Its direct insurance operations are U.S.-centric.

Street Address:

100 Brookwood Place

City:

Birmingham

State/Province:

AL

Country:

USA

Where Else Does ProAssurance Operate Around the World?

Okemos, MI, USA

Address: 2405 Jolly Road, Okemos, MI 48864, USA

To provide localized support, risk management services, and insurance solutions to healthcare professionals and facilities in Michigan and surrounding states, leveraging regional market knowledge.

Franklin, TN, USA

Address: 210 Gothic Court, Suite 100, Franklin, TN 37067, USA

Strengthens ProAssurance's presence in the competitive Tennessee healthcare market and the broader Southeast, offering tailored insurance products and risk management counsel.

Austin, TX, USA

Address: 9442 N Capital of Texas Hwy, Plaza V, Suite 250, Austin, TX 78759, USA

To cater to the specific needs of the large and dynamic Texas healthcare industry, providing specialized insurance coverage and local expertise.

Buying Intent Signals for ProAssurance

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading ProAssurance? Meet the Executive Team

As of April 2025, ProAssurance' leadership includes:

Ned Rand - President and Chief Executive Officer
Dana S. Hendricks - Executive Vice President, Chief Financial Officer and Treasurer
Jeffrey P. Lisenby - Executive Vice President, General Counsel and Secretary
Michael L. Boguski - President, Specialty P&C
Karen K. Murphy - President, Segregated Portfolio Cell Reinsurance
Kevin M. Shook - President, Workers' Compensation Insurance

Who's Investing in ProAssurance?

ProAssurance has been backed by several prominent investors over the years, including:

BlackRock Inc.
Vanguard Group, Inc.
Dimensional Fund Advisors LP
State Street Corporation
Renaissance Technologies LLC

What Leadership Changes Has ProAssurance Seen Recently?

Hire0
Exits0

ProAssurance has maintained stability in its core executive leadership team over the past 12 months, with no major publicly announced hires or departures at the highest C-suite levels. Some divisional leadership adjustments may occur as part of normal business operations but are not typically broad public announcements.

What Technology (Tech Stack) Is Used byProAssurance?

Discover the tools ProAssurance uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

ProAssurance Email Formats and Examples

ProAssurance commonly uses the email format combining the first initial of an employee's name with their full last name, followed by '@proassurance.com'. This is a standard corporate email structure.

flast@proassurance.com

Format

jdoe@proassurance.com

Example

85%

Success rate

What's the Latest News About ProAssurance?

Business WireMay 7, 2024

ProAssurance Reports First Quarter 2024 Results

ProAssurance Corporation (NYSE:PRA) announced financial results for the first quarter ended March 31, 2024. The company reported a net loss of $10.9 million, or $0.20 per diluted share, and an operating loss of $8.0 million, or $0.15 per diluted share. Gross premiums written were $247.0 million....more

Business WireFebruary 21, 2024

ProAssurance Reports Fourth Quarter and Full Year 2023 Results

ProAssurance Corporation reported a net loss of $43.3 million for the fourth quarter of 2023 and a net loss of $33.2 million for the full year. The results were impacted by adverse prior year reserve development in the Specialty P&C segment....more

AM BestNovember 15, 2023

AM Best Affirms Credit Ratings of ProAssurance Group Members and ProAssurance Corporation

AM Best affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) for the members of ProAssurance Group. The outlook for these Credit Ratings (ratings) is stable. Concurrently, AM Best affirmed the Long-Term ICR of “bbb+” (Good) of ProAssurance Corporation....more

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