NORCAL Group Overview
- Year Founded
-
1975
- Status
-
Acquired/Merged
- Employees
-
305
- Latest Deal Type
-
M&A
- Financing Rounds
-
1
- Investments
-
4
NORCAL Group General Information
Description
Provider of insurance services catering to physicians, health care extenders, medical groups, hospitals, community clinics and allied health care facilities throughout the United States. The company offers a full spectrum of medical professional liability insurance solutions.
Contact Information
Website
www.norcal-group.com(Operating Subsidiary)
Corporate Office
- 1700 Bent Creek Boulevard
- Mechanicsburg, PA 17050
- United States
Corporate Office
- 1700 Bent Creek Boulevard
- Mechanicsburg, PA 17050
- United States
NORCAL Group Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
NORCAL Group Comparisons
Industry
Financing
Details
NORCAL Group Competitors (13)
One of NORCAL Group’s 13 competitors is MedPro Group, a Corporate Backed or Acquired company based in Fort Wayne, IN.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| MedPro Group | Corporate Backed or Acquired | Fort Wayne, IN | ||||
| MLMIC Insurance | Corporate Backed or Acquired | Latham, NY | ||||
| The Doctors Company | Private Debt Financed | Napa, CA | ||||
| Coverys | Corporate Backed or Acquired | Boston, MA | ||||
| AIG Kenya Insurance | Corporate Backed or Acquired | Nairobi, Kenya |
NORCAL Group Signals
NORCAL Group Acquisitions (4)
NORCAL Group’s most recent deal was a Merger/Acquisition with Preferred Physicians Medical Risk Retention Group. The deal was made on 04-Jan-2017.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Preferred Physicians Medical Risk Retention Group | 04-Jan-2017 | Merger/Acquisition | Life and Health Insurance | ||
| FD Insurance Company | 04-Jan-2016 | Merger/Acquisition | Other Insurance | ||
| Medicus Insurance Holdings | 05-Oct-2011 | Merger/Acquisition | Life and Health Insurance | ||
| Healthcare Safety & Protection Risk Retention Group | 19-Jul-2011 | Merger/Acquisition | Life and Health Insurance |
NORCAL Group Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Preferred Physicians Medical Risk Retention Group | Overland Park, KS | 1987 |
NORCAL Group FAQs
-
When was NORCAL Group founded?
NORCAL Group was founded in 1975.
-
Where is NORCAL Group headquartered?
NORCAL Group is headquartered in Mechanicsburg, PA.
-
What is the size of NORCAL Group?
NORCAL Group has 305 total employees.
-
What industry is NORCAL Group in?
NORCAL Group’s primary industry is Commercial/Professional Insurance.
-
Is NORCAL Group a private or public company?
NORCAL Group is a Private company.
-
What is the current valuation of NORCAL Group?
The current valuation of NORCAL Group is .
-
What is NORCAL Group’s current revenue?
The current revenue for NORCAL Group is .
-
Who are NORCAL Group’s competitors?
MedPro Group, MLMIC Insurance, The Doctors Company, Coverys, and AIG Kenya Insurance are some of the 13 competitors of NORCAL Group.
-
When was NORCAL Group acquired?
NORCAL Group was acquired on 05-May-2021.
-
Who acquired NORCAL Group?
NORCAL Group was acquired by ProAssurance.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process