ProAssurance Overview

  • Year Founded
  • 1976

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 972

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 3

  • Investments
  • 13

ProAssurance General Information

Description

ProAssurance Corp is a holding company for property and casualty insurance companies. The company's wholly-owned insurance subsidiaries provide professional liability insurance for healthcare professionals and facilities, professional liability insurance for attorneys, and workers' compensation insurance. ProAssurance reports operating results in four segments: Specialty Property and Casualty, Workers' Compensation, Segregated Portfolio Cell Reinsurance, and Corporate. ProAssurance generates the vast majority of its revenue from its Specialty P&C activities, followed by Worker's Compensation.

Contact Information

Website
www.proassurance.com
Formerly Known As
Medical Assurance
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Corporate Backed or Acquired
Corporate Office
  • 100 Brookwood Place
  • Suite 300
  • Birmingham, AL 35209
  • United States
+1 (205)
Primary Industry
Multi-line Insurance
Other Industries
Property and Casualty Insurance
Commercial/Professional Insurance
Parent Company
The Doctors Company
Former Stock Listing
PRK
Corporate Office
  • 100 Brookwood Place
  • Suite 300
  • Birmingham, AL 35209
  • United States
+1 (205)

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ProAssurance Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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ProAssurance Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
ProAssurance Corp is a holding company for property and casualty insurance companies. The company's wholly-owned insuran
Multi-line Insurance
Birmingham, AL
972 As of 2025

Worcester, MA
 

Branchville, NJ
 
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ProAssurance Competitors (35)

One of ProAssurance’s 35 competitors is The Hanover Insurance Group, a Corporation company based in Worcester, MA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
The Hanover Insurance Group Corporation Worcester, MA
Selective Insurance Group Corporation Branchville, NJ
Liberty Mutual Insurance Company Corporate Backed or Acquired Boston, MA
Zurich North America Corporation Schaumburg, IL
Factory Mutual Insurance Formerly VC-backed Johnston, RI
You’re viewing 5 of 35 competitors. Get the full list »

ProAssurance Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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ProAssurance Investments & Acquisitions (13)

ProAssurance’s most recent deal was a Later Stage VC with Caresyntax for . The deal was made on 15-Aug-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Caresyntax 15-Aug-2024 Later Stage VC Decision/Risk Analysis
Sure Med Compliance 03-Oct-2022 Later Stage VC Decision/Risk Analysis
Northern California National Bank 15-Jul-2021 Merger/Acquisition Regional Banks
NORCAL Group 05-May-2021 Merger/Acquisition Commercial/Professional Insurance
Eastern Alliance Insurance Group 01-Jan-2014 Merger/Acquisition Insurance Brokers
You’re viewing 5 of 13 investments and acquisitions. Get the full list »

ProAssurance Affiliates

Subsidiaries (13)

Name Industry Location Year Founded
Insurance Company Managers Jacksonville, FL 2021
Pra Services Corporation Lansing, MI 2019
Pra Professional Liability Group Birmingham, AL 2008
Eastern Alliance Insurance Group Lancaster, PA 1997
ProAssurance Specialty Insurance Company Birmingham, AL 1985
You’re viewing 5 of 13 affiliates. Get the full list.  »

ProAssurance FAQs

  • When was ProAssurance founded?

    ProAssurance was founded in 1976.

  • Where is ProAssurance headquartered?

    ProAssurance is headquartered in Birmingham, AL.

  • What is the size of ProAssurance?

    ProAssurance has 972 total employees.

  • What industry is ProAssurance in?

    ProAssurance’s primary industry is Multi-line Insurance.

  • Is ProAssurance a private or public company?

    ProAssurance is a Private company.

  • What is the current valuation of ProAssurance?

    The current valuation of ProAssurance is .

  • What is ProAssurance’s current revenue?

    The current revenue for ProAssurance is .

  • How much funding has ProAssurance raised over time?

    ProAssurance has raised $250M.

  • Who are ProAssurance’s competitors?

    The Hanover Insurance Group, Selective Insurance Group, Liberty Mutual Insurance Company, Zurich North America, and Factory Mutual Insurance are some of the 35 competitors of ProAssurance.

  • When was ProAssurance acquired?

    ProAssurance was acquired on 26-Jun-2026.

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