The medical profession faced the most challenging year in memory in 2020. The COVID-19 crisis ravaged communities; placed unimaginable strain on providers as they risked their own health to care for others; and disrupted practice finances, forcing many to pause or even shutter operations. In the face of these challenges, we at Curi were resolute in our commitment to supporting our members through our mission of helping physicians in medicine, business, and life.
We were able to do that thanks in large part to changes we made in prior years, when we had no idea of the turmoil that would face the profession in 2020. The holding company model we adopted—with your approval—in 2014 enabled us not only to offer the protection of our industry-leading medical professional liability insurance, but also Curi Capital’s wealth management and retirement plan solutions, which supported individuals and practices through a period of significant financial instability. The success of our investment operations buttressed your company while a hardening MPL market put pressure on our insurance business. And the first-rate team we have been building for years came together and showed us just what a talented, committed group of individuals can do when they work together toward a common goal.
We would like to end this letter on a personal note from Dale:
This 2020 Annual Report will be the last one that begins with my greeting to you. Our Chief Operating Officer/Chief Financial Officer, Jason Sandner, has stepped into the CEO role after 10 years with the company, and I could not be more excited and optimistic about Curi's future under Jason’s leadership. I’m grateful for the years I got to spend serving you and our other members, and I look forward to continuing to interact with many of you in the months and years to come.
A. Dale Jenkins
Chief Executive Officer
Robert E. Schaaf, MD