Most insurance companies in the United States are either a "mutual" or a "stock" company. The main difference is that a mutual insurance company is owned by its policyholders but a stock insurance company is owned by stockholders who have invested capital and often receive a dividend to compensate them for investing in the company. Since they are owned by the policyholders, mutual companies cannot be purchased by other companies.

ProMutual Group is made up of two companies. Medical Professional Mutual Insurance Company (ProMutual) is a mutual insurance company that operates only in the Commonwealth of Massachusetts. ProSelect Insurance Company is a wholly owned subsidiary of ProMutual and operates in all New England states and New Jersey.

ProMutual Group is represented by professional, independent insurance agents who are knowledgeable about professional medical malpractice insurance. In addition, in Massachusetts only, you may apply directly to the company for coverage, click here to find out more.

There are other sources of coverage.

If you would like additional information about ProMutual Group and its malpractice insurance products for physicians and surgeons, please click here.

To learn more about ProMutual Group, please view our 2006 Annual Report.