The independent rating agency assigned the company’s insurers—Medical Mutual Insurance Company of North Carolina and Medical Security Insurance Company—an “Excellent” rating
Raleigh, N.C. – August 16, 2019 – Rating agency A.M. Best has affirmed Curi’s financial strength rating of “A” (Excellent) for a sixteenth consecutive year, along with a long-term issuer credit rating of “a+” (Excellent). Their outlook for these credit ratings is stable. According to the independent rating agency, the “A” rating is assigned only to select companies that in A.M. Best’s opinion have an excellent ability to meet ongoing insurance policy and financial obligations.
The ratings reflect Curi’s strong balance sheet and consistent operating performance, which has outperformed the industry and the medical professional liability composite. In addition, the company has realized favorable underwriting performance and investment income.
“These ratings from A.M. Best reflect our consistent and sound financial performance—a foundation that allows us to continually deliver on our mission to help physicians in medicine, business, and life,” said Curi’s CEO, Dale Jenkins. “We’re proud to celebrate our sixteenth consecutive ‘A’ rating today and already have our eyes set on the future, as we continue to identify new opportunities to grow our business and strengthen our commitment to our members.”
For more information on A.M. Best’s 2019 rating of Curi, click here.
Curi (www.curi.com) is the premier provider of products, services, and experiences for physicians and those who support them. From medical malpractice insurance to wealth management to well-being programs, the company—built by doctors for doctors—has been passionately curious about identifying new ways to meet the ever-evolving needs of physicians since it was founded as Medical Mutual Insurance Company of North Carolina in 1975.
About A.M. Best
A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.
Director of Communications, Curi