Medical Assurance Company of Mississippi
Medical Assurance Company of Mississippi is a physician-owned mutual insurer founded in 1976 that provides medical professional liability insurance and risk management services to approximately 2,500 physicians across all specialties in Mississippi and Arkansas.
- Company typePrivate
- Founded1976
- HeadquartersRidgeland, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Medical Assurance Company of Mississippi does
Medical Assurance Company of Mississippi (MACM) is a physician-owned mutual insurance company founded in 1976 in response to a medical malpractice crisis in Mississippi. Headquartered in Ridgeland, Mississippi, MACM provides claims-made medical professional liability insurance to approximately 2,500 physicians across all specialties in Mississippi and Arkansas. The company has grown from $1 million in initial capital to over $350 million in assets and holds an A (Excellent) financial strength rating from A.M. Best.
MACM's core product portfolio centers on Individual Professional Liability coverage supplemented by Premises/Personal Injury Liability, Contractual/Vicarious Liability, Additional Insured coverage, Tail Coverage (Reporting Endorsement), and Prior Acts Coverage. Add-on modules include eMD Cyber Liability Coverage (delivered through a partnership with NAS Insurance Services) and over 200 free online CME courses (delivered through a partnership with Medical Interactive). Supporting service lines include Healthcare Safety risk management consulting, Claims Services with a 90%+ trial win rate, the Defense LEAP litigation education program, and a Physician Job Board. The technology platform is a conventional insurance management system handling claims processing, policy administration, and member portal access — there is no disclosed AI/ML infrastructure.
Revenue is generated through annual insurance premiums, with pricing quote-based by specialty, coverage limits ($1M/$3M up to $5M/$7M options), and risk profile. Distribution is sales-led via direct field outreach, a regional claims representative network across Mississippi, and a self-service quote request form. MACM Insurance Services (macmis.net) operates as a wholly owned subsidiary handling adjacent insurance services. The company is physician-owned and governed, has no venture capital or private equity investment, and is not publicly traded.
Medical Assurance Company of Mississippi firmographics
Firmographics- Name
- Medical Assurance Company of Mississippi
- Legal name
- Medical Assurance Company of Mississippi
- Website
- https://macm.net
- Company type
- Private
- Founded year
- 1976
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Medical Assurance Company of Mississippi is a physician-owned mutual insurer founded in 1976 that provides medical professional liability insurance and risk management services to approximately 2,500 physicians across all specialties in Mississippi and Arkansas.
- Ownership category
- akta.pro rank
Medical Assurance Company of Mississippi industry classification
Industry- Product category
- Medical Professional Liability Insurance
- NAICS
- Direct Life, Health, and Medical Insurance Carriers (52411)
- SIC
- Fire, Marine & Casualty Insurance (6331)
- akta.pro primary industry
- Commercial Equipment & Machinery Breakdown / Equipment Protection Plans (FSAJALAJ)
- akta.pro secondary industry
- Compliance, Risk & EHS Management (BPABAAAK)
Keywords
Where Medical Assurance Company of Mississippi is headquartered
LocationHeadquarters
- HQ city
- Ridgeland
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Medical Assurance Company of Mississippi business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Medical Liability Insurance Premiums: Claims-made medical liability insurance coverage providing protection for claims reported during the policy period arising from professional services rendered. Revenue generated through annual premiums based on specialty, coverage limits, and risk profile.
- Cyber Liability Coverage: eMD Cyber Liability Coverage offered through NAS Insurance Services partnership, providing multimedia liability, security and privacy liability, regulatory defense, network asset protection, cyber extortion, and breach response coverage
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Individual Professional Liability coverage with selectable limits |
| Subscription | Annual | Premises/Personal Injury Liability (Occurrence basis) |
| Subscription | Annual | Prior Acts Coverage |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
Medical Assurance Company of Mississippi product offering
Product offeringCore offering
Medical Assurance Company of Mississippi (MACM) is a physician-owned mutual insurance company providing claims-made medical professional liability insurance, premises/personal injury liability coverage, contractual and vicarious liability coverage, tail coverage, prior acts coverage, and cyber liability coverage to physicians and clinics practicing in Mississippi and Arkansas. The company complements its core insurance products with integrated services including risk management consulting, claims defense, healthcare safety education, free CME courses, and litigation education for insured physicians.
Product overview
Medical Assurance Company of Mississippi (MACM) is a physician-owned medical liability insurance provider offering a comprehensive portfolio of insurance products and risk management services. The core product portfolio centers on claims-made medical professional liability coverage including Individual Professional Liability, Premises/Personal Injury Liability, Contractual/Vicarious Liability, Additional Insured/Interest coverage, Tail Coverage, and Prior Acts coverage. These are complemented by supplementary add-on modules including eMD Cyber Liability Coverage (offered through NAS Insurance Services) and Medical Interactive CME courses for physician education. MACM also provides integrated service offerings including Healthcare Safety Services with risk management consulting, Claims Services with over 100 years of combined experience, and the Defense LEAP Program for litigation support. The company operates as a single unified offering rather than a modular platform, combining insurance coverage with risk management, education, and claims defense services.
Differentiator
Problem solved
Functional benefit
Products and services
- Individual Professional Liability Provides claims-made coverage for the performance of professional services rendered or which should have been rendered by the insured physician or any person for whose acts or omissions the insured is legally responsible. Selectable limits of $1M/$3M, $2M/$3M, $3M/$5M, or $5M/$7M are offered.
- Premises/Personal Injury Liability
- Contractual/Vicarious Liability
- Additional Insured/Interest Coverage
- Tail Coverage (Reporting Endorsement)
- Prior Acts Coverage
- eMD Cyber Liability Coverage
- Healthcare Safety Services
- Claims Services
- Risk Management Consulting
- Medical Interactive CME
- Defense LEAP Program
Quantifiable outcome
- Over 90% of cases that go to trial are won by MACM insured physicians
- +3 more outcomes
Companies that use Medical Assurance Company of Mississippi
Customer profileNamed customers6 records
Segments2 records
Ideal customer profiles2 records
Medical Assurance Company of Mississippi technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Medical Assurance Company of Mississippi partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Medical InteractivecorePartnership with Medical Interactive to provide free CME offerings and MOC credits to insured physicians. Medical Interactive is a national provider of risk management and patient safety education. The partnership provides over 200 free online CME courses, including courses meeting Mississippi's five hours for prescribing controlled substance education requirements and DEA registered practitioner training.
- NAS Insurance Services, Inc.corePartnership with NAS Insurance Services, Inc. provides eMD Cyber Liability Coverage to MACM insured physicians and clinics. Coverage includes multimedia liability, security and privacy liability, privacy regulatory defense and penalties, network asset protection, cyber extortion, cyber terrorism, and privacy breach response costs including patient notification and credit monitoring expenses.
- MACM Insurance ServicescoreSubsidiary company (macmis.net) handling insurance services for MACM members, providing additional insurance products and services beyond core medical liability coverage.
Scale indicators7 records
Recent moves7 records
Expansion highlights5 records
Medical Assurance Company of Mississippi competitors and assessment
Company assessmentDirect peers
- NORCAL Mutual (now part of ProAssurance): Physician-owned medical malpractice insurer providing claims-made coverage to physicians across multiple states. Highly comparable mutual governance structure and product offering.
- MagMutual Insurance Company: Physician-owned medical professional liability insurer serving physicians across the Southeast. Comparable mutual ownership model, regional focus, and integrated risk management/CME offerings.
- The Doctors Company: Largest physician-owned medical malpractice insurer in the U.S., providing claims-made medical professional liability coverage with similar consent-to-settle philosophy. Closest peer given mutual/physician-owned model and broad specialty coverage.
- ISMIE Mutual Insurance Company: Physician-owned medical liability insurer providing claims-made coverage and risk management to physicians primarily in Illinois. Comparable mutual structure and physician-led governance model.
- PIC Wisconsin (Professional Insurance Company): Wisconsin-based physician-owned medical professional liability insurer providing claims-made coverage to physicians. Similar mutual ownership model and integrated risk management services.
- Coverys: Medical professional liability insurer providing claims-made coverage, risk management, and education to physicians and healthcare providers. Comparable product mix and customer focus.
- Medical Protective / MedPro Group: One of the oldest medical malpractice insurers in the U.S. (founded 1899), offering claims-made professional liability coverage to physicians and surgeons. Direct competitor in med-mal underwriting with similar target customer and product structure.
- ProAssurance Corporation: Publicly traded specialty insurer focused on medical professional liability for physicians, with strong regional presence including the Southeast. Comparable product portfolio, customer base, and underwriting approach.
- MLMIC Insurance Company: Physician-owned medical liability insurer (New York) providing claims-made professional liability coverage and risk management services to physicians. Comparable mutual structure and integrated service model.
- Curi (formerly Medical Mutual Group): Physician-focused medical liability and risk management company serving physicians across multiple states. Comparable physician-led approach with integrated insurance, risk, and practice management services.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Medical Assurance Company of Mississippi social profiles
Digital presenceMedical Assurance Company of Mississippi compliance and trust
Trust signalCompliance1 record
Medical Assurance Company of Mississippi financial estimates
Financial estimateRevenue estimate
Valuation estimate
Medical Assurance Company of Mississippi leadership team
Management profileNumber of profiles
Profiles9 records
Medical Assurance Company of Mississippi subsidiaries and ownership
Company hierarchySubsidiaries1 record
Medical Assurance Company of Mississippi funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Medical Assurance Company of Mississippi 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 Medical Assurance Company of Mississippi
What does Medical Assurance Company of Mississippi do?
Medical Assurance Company of Mississippi (MACM) is a physician-owned mutual insurance company providing claims-made medical professional liability insurance, premises/personal injury liability coverage, contractual and vicarious liability coverage, tail coverage, prior acts coverage, and cyber liability coverage to physicians and clinics practicing in Mississippi and Arkansas. The company complements its core insurance products with integrated services including risk management consulting, claims defense, healthcare safety education, free CME courses, and litigation education for insured physicians.
Is Medical Assurance Company of Mississippi a public or private company?
Medical Assurance Company of Mississippi is a private company. It is classified as management employee owned and is currently operating.
When was Medical Assurance Company of Mississippi founded?
Medical Assurance Company of Mississippi was founded in 1976. It employs 11 to 50 people.
Where is Medical Assurance Company of Mississippi based?
Medical Assurance Company of Mississippi is headquartered in Ridgeland, United States, in the North America region.
How does Medical Assurance Company of Mississippi make money?
Two revenue lines are on record. Medical Liability Insurance Premiums are the primary driver. The others are cyber Liability Coverage.
Who are Medical Assurance Company of Mississippi's main competitors?
Direct peers on record are NORCAL Mutual (now part of ProAssurance), MagMutual Insurance Company, The Doctors Company, ISMIE Mutual Insurance Company, PIC Wisconsin (Professional Insurance Company), Coverys, Medical Protective / MedPro Group, ProAssurance Corporation, MLMIC Insurance Company and Curi (formerly Medical Mutual Group).
Does Medical Assurance Company of Mississippi have an API?
No public API is recorded for Medical Assurance Company of Mississippi.
What industry is Medical Assurance Company of Mississippi in?
Medical Assurance Company of Mississippi's product category is Medical Professional Liability Insurance. Its primary akta.pro industry code is FSAJALAJ, Commercial Equipment & Machinery Breakdown / Equipment Protection Plans, with a secondary code of BPABAAAK, Compliance, Risk & EHS Management. Its NAICS code is 52411 and its SIC code is 6331.