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Curi Board of Directors Approves More Than $21M in Financial Distributions to Members, Announces New Board Member

Raleigh, N.C. – March 23, 2022 – Curi, an advisory firm for physicians and medical practices, today announced that its Board of Directors has approved the largest annual allocations to the company’s Legacy Fund and Member Dividend programs in nearly a decade, signaling significant growth and momentum for the firm and its membership. The Legacy Fund and Member Dividend programs provide a meaningful financial benefit to Curi’s members and their practices. 

Allocations to these two programs are determined during the Board’s first-quarter meeting. One new physician board member was also elected by a member vote during the Annual Meeting that coincided with the Board meeting. 

“Last year was a banner year for Curi as we continued to grow geographically and expand the range of products and services that we offer physicians and medical practices,” said Curi CEO Jason Sandner. “The Legacy Fund and Member Dividend programs are just two of the many ways that we continue to drive toward our mission of helping physicians in medicine, business, and life. We’re proud to share our success back with the physician-members who own this company.”  

The Board approved a $14 million allocation to The Legacy Fund accounts for 2022, bringing the total allocation to $151.6 million since 2009. The Legacy Fund represents savings accounts for member physicians and medical practices, funded by a portion of Curi’s net income. Cash balances that accumulate in Legacy Fund accounts are paid to account holders upon designated events, including qualifying retirement. Over the last five years, allocations to The Legacy Fund have averaged 10% of annual premium paid.  

The Board also approved the disbursement of $7 million for a cash Member Dividend for 2022. Curi has paid out a cumulative $51.7 million in dividends since 2008. Dividends have averaged 5% of members’ annual medical professional liability premium paid over the last five years. These dividends will be paid out to qualifying physicians and practices in April. 

Curi members also elected Dr. Anuj Gupta of Peachtree Orthopedics in Atlanta, GA, to the Curi Board of Directors. In addition, Curi’s Jason Newton was named General Counsel and Secretary for all Curi companies.  

For more information on Curi and the company’s three distinct business units—Curi Advisory, Curi Capital, and Curi Insurance—visit curi.com. 

About Curi 

Curi (curi.com) is a full-service advisory firm that serves physicians and medical practices. Equal parts fierce physician advocates, smart business leaders, and thoughtful partners, Curi’s advisory, capital, and insurance offerings deliver valued advice that is grounded in client priorities and elevated by their outcomes. From data-driven advisory services to private wealth offerings, to tailored insurance solutions and beyond, Curi delivers performance that is time-tested and trusted—in medicine, business, and life.