MagMutual Launches MyAdvice: A New Model for Reducing Malpractice Risk

ATLANTA--(BUSINESS WIRE)--
MagMutual Insurance Company, one of the nation’s leading providers of medical professional liability insurance, has launched MyAdvice, a new risk consultancy and advice delivery platform designed to help healthcare providers reduce malpractice exposure and improve patient outcomes.

MyAdvice reflects the company’s commitment to investing in data, technology, and education to support PolicyOwners at every stage of their insurance journey, from coverage selection through proprietary products to targeted education and predictive guidance.

Using one of the largest, most-advanced searchable databases in the industry, spanning claims, billing, and procedure data, a team of actuaries, data scientists, and clinicians works together to identify risk patterns, develop evidence-based recommendations, and deliver them directly to providers through personalized digital tools.

MagMutual’s research finds that PolicyOwners who complete one MyAdvice course enjoy a 3% lower loss frequency on average, while those who complete four or more courses experience as much as a 20% lower loss frequency.

“MyAdvice is a new model for risk management,” said Mark Poling, CEO of MyAdvice. “We’re proving that risk reduction is not just possible, it's measurable. With MyAdvice, PolicyOwners can lower their exposure, protect their patients, and strengthen their practices.”

The launch comes amid rising malpractice claim severity and growing provider pressures.

“Insurers must do more than protect—they must lead,” said Dr. Bill Kanich, Executive Chairman of MagMutual. “MyAdvice helps healthcare providers stay ahead of risk with clarity, confidence, and the right tools.”

About MagMutual

For more than four decades, MagMutual has been a leading provider of medical professional liability insurance. Today, it is the largest mutual medical professional liability carrier in the U.S., delivering coverage, guidance, and defense to more than 40,000 healthcare providers and organizations nationwide. MagMutual offers customized advice, claims support, and financial benefits that result in improved outcomes and stronger PolicyOwners.

For more information about MyAdvice and MagMutual’s integrated model, visit www.magmutual.com.

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Media:

Kristen Guilfoil
[email protected]

Source: MagMutual Insurance Company