CHART
- Company typePrivate
- Founded2002
- HeadquartersSaint Clair, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
CHART firmographics
Firmographics- Name
- CHART
- Legal name
- CHART RRG
- Website
- https://chartrrg.com
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Where CHART is headquartered
LocationHeadquarters
- HQ city
- Saint Clair
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
CHART business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Medical Malpractice Insurance Premiums: CHART provides primary and excess professional liability and general liability coverage for hospitals and employed physicians. As a member-owned reciprocal carrier, 100% of profits are returned to member hospitals through dividends. Low rates are driven by low overhead, little member turnover, no income taxes, and members' commitment to safety.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Hospital Coverage - Primary and excess professional liability and general liability coverage |
| Subscription | Annual | Physician Coverage - Professional liability for physicians at member hospitals |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
CHART product offering
Product offeringCore offering
CHART (CHART RRG) is a member-owned medical malpractice Risk Retention Group that provides primary and excess professional liability and general liability insurance to community-based not-for-profit hospitals and their physicians. As a 100% member-owned reciprocal carrier, CHART bundles insurance coverage with the CHART Institute Patient Safety Organization, risk management consulting, claims management, legal hotline access, safety education, and human patient simulation services. Coverage is offered exclusively in Connecticut, New York, Pennsylvania, and West Virginia, with 100% of profits returned to member hospitals as dividends.
Product overview
CHART is a member-owned medical malpractice insurance company (Risk Retention Group) that combines a 100% member-owned professional liability insurance product with the CHART Institute Patient Safety Organization. The core offering includes medical professional liability and general liability coverage for community hospitals and their physicians, supported by a comprehensive suite of services: claims management, risk management consulting, a legal hotline, safety education programs, human patient simulation, and access to the RLDatix RL6 Risk management platform. All services are provided exclusively to member hospitals in Connecticut, New York, Pennsylvania, and West Virginia, with 100% of profits returned to members.
Differentiator
Problem solved
Functional benefit
Brands
- CHART Institute: AHRQ-certified Patient Safety Organization that provides a secure environment for analyzing patient safety events and offers confidentiality protections to member hospitals. Provides RLDatix risk management software access, event analysis, and comparative learning opportunities.
Products and services
- Medical Professional Liability Insurance
Companies that use CHART
Customer profileNamed customers9 records
Segments2 records
Ideal customer profiles2 records
CHART technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature3 records
CHART partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and secondary.
- Agency for Healthcare Research and Quality (AHRQ)coreAHRQ certified CHART Institute as a federally listed Patient Safety Organization (PSO) in 2009. This certification provides CHART with authority to operate as a PSO, offering confidentiality and privilege protections for patient safety event analysis to member hospitals.
- RLDatixcoreCHART provides complimentary access to RLDatix RL6 Risk module for all members. The platform includes event submission, manager permissions for integrated follow-up, report generation, automatic PSO data capture, and benchmarking dashboards.
- Pennsylvania State Nurses AssociationsecondaryCHART Institute is approved as a provider of nursing continuing professional development by Pennsylvania State Nurses Association, an accredited approver by the American Nurses Credentialing Center's Commission on Accreditation. This enables CHART to offer nursing contact hours for education programs.
- American Nurses Credentialing Center (ANCC)secondaryANCC Commission on Accreditation provides accreditation authority through Pennsylvania State Nurses Association, enabling CHART to offer nursing continuing professional development contact hours.
Scale indicators7 records
Recent moves9 records
Expansion highlights4 records
CHART competitors and assessment
Company assessmentDirect peers
- Medical Protective (MedPro): One of the largest U.S. medical professional liability insurers, owned by Berkshire Hathaway. Directly comparable to CHART as a specialty malpractice carrier selling to healthcare providers, but operates nationally and is investor-owned rather than member-owned reciprocal.
- SVMIC (State Volunteer Mutual Insurance Company): Physician-owned medical professional liability insurer operating in the Southeast/Midwest. Directly comparable to CHART in being a member/physician-owned malpractice carrier providing professional liability coverage plus risk management services.
- MagMutual: Physician-owned medical professional liability mutual serving hospitals and doctors in the Southeast. Directly comparable to CHART as a mutual/member-owned carrier focused on healthcare liability with an emphasis on risk management and patient safety resources.
- Constellation (formerly MMIC): Mutual medical professional liability insurer serving hospitals, physicians, and healthcare systems across multiple states. Directly comparable to CHART in product (medical malpractice), customer (hospitals and physicians), and mutual/risk management structure.
- ProAssurance: Public medical professional liability insurer (acquired NORCAL Mutual). Directly comparable to CHART in product line (medical malpractice), customer type (healthcare providers), and emphasis on risk management, with a broader geographic footprint.
- The Doctors Company: The largest physician-owned medical malpractice insurer in the U.S., operating as a mutual. Directly comparable to CHART in mission (physician/provider-owned), product (medical professional liability), and emphasis on risk management, though it serves a broader physician base nationally.
- Coverys: Medical professional liability insurer and risk services provider serving hospitals, physicians, and healthcare systems. Directly comparable to CHART as a specialty malpractice carrier with integrated risk management and patient safety capabilities.
- CRICO Strategies: Medical professional liability insurer and patient safety division of the Harvard medical institutions' captive. Directly comparable to CHART as a healthcare-system-affiliated malpractice carrier with a strong patient safety organization emphasis (similar to CHART Institute).
- BETA Healthcare Group: Hospital-focused professional liability pool serving California community hospitals. Directly comparable to CHART in serving community-based not-for-profit hospitals as a member-owned risk pool with integrated risk management and patient safety services.
Regional players
- Physicians Insurance (Physicians Insurance A Mutual Company): Physician-owned mutual medical professional liability insurer serving the Pacific Northwest. Comparable to CHART as a member-owned malpractice carrier with risk management services, but operates in a different geography.
Market position
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
CHART financial estimates
Financial estimateRevenue estimate
Valuation estimate
CHART leadership team
Management profileNumber of profiles
Profiles15 records
CHART subsidiaries and ownership
Company hierarchySubsidiaries1 record
CHART funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CHART M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CHART
What does CHART do?
CHART (CHART RRG) is a member-owned medical malpractice Risk Retention Group that provides primary and excess professional liability and general liability insurance to community-based not-for-profit hospitals and their physicians. As a 100% member-owned reciprocal carrier, CHART bundles insurance coverage with the CHART Institute Patient Safety Organization, risk management consulting, claims management, legal hotline access, safety education, and human patient simulation services. Coverage is offered exclusively in Connecticut, New York, Pennsylvania, and West Virginia, with 100% of profits returned to member hospitals as dividends.
Is CHART a public or private company?
CHART is a private company. It is classified as management employee owned and is currently operating.
When was CHART founded?
CHART was founded in 2002. It employs 11 to 50 people.
Where is CHART based?
CHART is headquartered in Saint Clair, United States, in the North America region.
How does CHART make money?
One revenue line is on record: medical Malpractice Insurance Premiums.
Who are CHART's main competitors?
Direct peers on record are Medical Protective (MedPro), SVMIC (State Volunteer Mutual Insurance Company), MagMutual, Constellation (formerly MMIC), ProAssurance, The Doctors Company, Coverys, CRICO Strategies and BETA Healthcare Group. Physicians Insurance (Physicians Insurance A Mutual Company) is listed as a regional player.
Does CHART have an API?
No public API is recorded for CHART.