March 2023 Investor Presentation - Insurance News | InsuranceNewsNet

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March 3, 2023 Newswires
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March 2023 Investor Presentation

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

March 2023

ProAssurance Overview

Mission, Vision, & Values

The ProAssurance Mission

We Protect Others.

Corporate Values

Integrity | Leadership | Relationships | Enthusiasm

Our Brand Promise

We will honor these values in the execution of treated fairly to

perform our mission and realize our vision.

ProAssurance Investor Briefing | March 2023

3

At a Glance

  • Healthcare-centricspecialty insurance writer
    • Specialty Property & Casualty
      • Healthcare Professional Liability (HCPL)
      • Life Sciences and Medical Technology Liability
      • Small Business Unit
    • Workers' Compensation Insurance
    • Segregated Portfolio Cell (SPC) Reinsurance
    • Lloyd's of London Syndicates
  • Total Assets: $5.7 billion
  • Shareholders' Equity: $1.1 billion
  • Claims-PayingRatings
    • A.M. Best: "A" (Excellent)
    • Fitch: "A-" (Strong)
  • 18 locations, with operations in three countries
    • 1,083 employees
  • Writing in 50 states & DC

All employee and financial data as of 12/31/22.

Business Unit

HCPL

Medmarc

Small Business Unit

Eastern

PRA Corporate

Principal

Employees

Lines of Business

Offices

8

605

Healthcare professional

liability

1

34

Medical technology liability

1

98

Podiatrists, chiropractors,

dentists, and lawyers

7

251

Workers' Compensation &

captive facilities (all lines)

1

95

Corporate functions

Lloyds

Underwriting Offices

Claims Offices

Claims/Underwriting Offices

Corporate Headquarters

Cayman Islands

ProAssurance Investor Briefing | March 2023

4

ProAssurance Executive Leadership

Ned Rand - President & Chief Executive Officer

Mr. Rand became President and CEO in 2019, after serving as COO, CFO, Executive VP, and Senior VP of Finance at ProAssurance since joining the company in 2004. Prior to joining ProAssurance, he served in a number of financial roles for insurance companies.

Mr. Rand is a CPA and graduate of Davidson College (B.A., 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

*On February 27, 2023, we announced that Mike Boguski will be retiring on 6/30/2023

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

ProAssurance Investor Briefing | March 2023

5

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Disclaimer

ProAssurance Corporation published this content on 03 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 March 2023 19:38:39 UTC.

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