March 2022 Investor Presentation - Insurance News | InsuranceNewsNet

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February 25, 2022 Newswires
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March 2022 Investor Presentation

U.S. Regulated Equity Markets (Alternative Disclosure) via PUBT

Fourth Quarter and FY 2021

March

ProAssurance Overview

Mission, Vision, & Values

The ProAssurance Mission

We exist to Protect Others.

Our Shared Vision

We will be the best in the world at understanding and providing solutions for the risks our

customers encounter as healers, innovators, employers, and professionals.

Through an integrated family of companies, products, and services, we will be a trusted

partner enabling those we serve to focus on their vital work.

As the employer of choice, we embrace every day as a singular opportunity to reach for

extraordinary outcomes, build and deepen superior relationships, advance diversity, equity,

and inclusion, and accomplish our mission with infectious enthusiasm and unbending

integrity.

Corporate Values

Integrity | Leadership | Relationships | Enthusiasm

ProAssurance Investor Briefing | March 2022

3

At a Glance

  • Healthcare-centricspecialty insurance writer
    • Specialty Property & Casualty
      • Healthcare Professional Liability (HCPL)
      • Life Sciences and Medical Technology Liability
      • Innovative Specialty Team
    • Workers' Compensation Insurance
    • Segregated Portfolio Cell (SPC) Reinsurance
    • Lloyd's of London Syndicates (1729 & 6131)
  • Total Assets: $6.2 billion
  • Shareholders' Equity: $1.4 billion
  • Claims-PayingRatings
    • A.M. Best: "A" (Excellent)
    • Fitch: "A-" (Strong)
  • 20 locations, with operations in three countries
    • 1,003 employees
  • Writing in 50 states & DC

All employee and financial data as of 12/31/21. Office locations and employee counts include NORCAL.

Business Unit

HCPL

Medmarc

Innovative Specialty Team

Eastern

PRA Corporate

Principal

Employees

Lines of Business

Offices

6

512

Healthcare Professional

Liability

1

29

Medical Technology Liability

1

100

Professional Liability for

Podiatrists, Chiropractors, &

Dentists, and LawyerCare

8

238

Workers' Compensation &

Captive Facilities (all lines)

1

124

Corporate functions

(Accounting, Legal, etc.)

Lloyds

Underwriting Offices

Claims Offices

Claims/Underwriting Offices

Corporate Headquarters

Cayman Islands

ProAssurance Investor Briefing | March 2022

4

ProAssurance Executive Leadership

Ned Rand - President & Chief Executive Officer

Mr. Rand, who assumed this position at ProAssurance on July 1, 2019, was formerly Chief Operating Officer, and has served as Chief Financial Officer, Executive Vice President, and Senior Vice President of Finance since joining ProAssurance in November of 2004. Prior to joining ProAssurance, Mr. Rand was Chief Accounting Officer and Head of Corporate Finance for PartnerRe Ltd. from 2000 - 2004. He also served as the Chief Financial Officer of Atlantic American Corporation from 1996 - 2000 and Controller of United Capitol Insurance Company from 1992 - 1996. Prior to that time, Mr. Rand was employed by Coopers & Lybrand (now PriceWaterhouseCoopers) for four years. Mr. Rand is a certified public accountant and is a graduate of Davidson College where he majored in Economics.

Mike Boguski

Noreen Dishart

Dana Hendricks

Jeff Lisenby

Kevin Shook

President

Executive Vice President

Executive Vice President

Executive Vice President

President

Specialty P&C

&

&

&

Workers' Compensation &

Chief Human Resources Officer

Chief Financial Officer

General Counsel

Segregated Portfolio Cell

Reinsurance

Executive Team bios available on our website at Investor.ProAssurance.com/OD

ProAssurance Investor Briefing | March 2022

5

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Disclaimer

ProAssurance Corporation published this content on 25 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 February 2022 18:59:54 UTC.

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