MedMal Direct Insurance Company’s Financial Stability Rating® of A, Exceptional Reaffirmed by Demotech, Inc.

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Jacksonville-based MedMal Direct Insurance Company’s Financial Stability Rating® (FSR) of A, Exceptional, has been reaffirmed by Demotech, Inc. This level of FSR is assigned to insurers who possess exceptional financial stability related to maintaining positive surplus as regards to policyholders, liquidity of invested assets, an acceptable level of financial leverage, reasonable loss and loss adjustment expense reserves and realistic pricing.

FSRs summarize Demotech’s opinion of the financial stability of an insurer regardless of general economic conditions or the phase of the underwriting cycle. FSRs utilize statutory financial data based on insurance accounting principles prescribed or permitted by the National Association of Insurance Commissioners (NAIC).

Tim Bone, President of MedMal Direct, comments: “We are happy to have this independent, third-party opinion of our Company’s financial stability. Physicians across the state are finding out every day just how much our direct-write distribution model can save them. At a time when our healthcare providers are faced with so many unknowns, it’s nice to be able to rely on one certainty: MedMal Direct saves their practice money with an unwavering commitment to service, defense and financial stability.”

About MedMal Direct Insurance Company:

MedMal Direct Insurance Company (MedMal Direct) is a Florida stock insurance company that provides medical malpractice insurance directly to physicians without the use of insurance agents or brokers; and is enabling physician practices to realize significant savings on one of their largest expenses — medical professional liability insurance premiums. MedMal Direct has developed the business model and customer service platform to be “cost effective, user-friendly and responsive" at a time when the bottom line of physicians is under pressure from the economic downturn and reductions in reimbursement rates. With a strong balance sheet, an actuarially-sound and conservative underwriting philosophy, and a panel of A.M. Best A (Excellent) rated reinsurers, MedMal Direct provides Florida’s physician practices with the comfort and protection they need at a lower price. “It’s Better To Be Direct.” Visit for more information.

About Demotech, Inc.

Demotech, Inc. is a financial analysis firm located in Columbus, Ohio. Since 1985, Demotech has been serving the insurance industry by providing actuarial consulting as well as accurate and proven Financial Stability Ratings® (FSRs) for Property & Casualty insurance companies and Title underwriters. FSRs are a leading indicator of the financial stability of an insurer. Our rating process provides an objective baseline as well as insight relating to the financial stability of an insurer. As an independent financial analysis firm, Demotech has a proven track record of identifying financially stable insurers. As the first company to have its rating process formally reviewed and accepted by Fannie Mae, Freddie Mac and HUD, Demotech levels the playing field by offering FSRs to insurers of all sizes. Visit for more information.


MedMal Direct Insurance Company
Tim Bone, 904-482-4068

KEYWORDS:   United States  North America  Florida  Ohio

INDUSTRY KEYWORDS:   Practice Management  Health  Hospitals  Other Health  Professional Services  Insurance  Nursing  General Health  Managed Care