CPP
CPP is a physician-directed mutual insurance company that provides professional liability coverage and integrated risk management services to physicians, advanced practice providers, and physician-owned entities in Pennsylvania, Maryland, and New Jersey.
- Company typePrivate
- Founded-
- HeadquartersLancaster, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What CPP does
CPP is a physician-directed mutual insurance company domiciled in South Carolina and headquartered in Lancaster, Pennsylvania. It writes professional liability insurance for physicians, advanced practice providers, and physician-owned business entities, offering both claims-made and occurrence policy forms. Coverage is limited to offices located in Pennsylvania, Maryland, and New Jersey, and prior acts coverage is provided at no additional cost to ease switching from other carriers. The company's core product is bundled with an integrated risk management program delivered at no additional charge, including education, event management, and claims prevention services staffed by healthcare lawyers, patient safety professionals, physicians, and nurses.
Revenue is generated through recurring insurance premiums from policyholder-members, who also serve as the owners of the mutual. Pricing is quote-based through an online application center and via the MPL Brokers channel partnership. Distribution is split between direct online applications and strategic partner MPL Brokers, which handles applications, renewals, policy issuance, certificates, and claims reporting. The business is supported by an ecosystem of service partners including Saxton & Stump for defense, Deloitte for actuarial work, Johnson Lambert for audit, ION Risk Advisors for third-party administration, Mutual Capital Services for captive management, and Bank of America / Merrill Lynch for financial advisory.
CPP operates under the oversight of the South Carolina Department of Insurance and is subject to annual independent audits, annual rate and reserve adequacy reviews, and a regulatory exam every five years. Governance is provided by an elected Board of Directors composed primarily of member physicians, with positions including President, Vice President, Treasurer, and Secretary. The strategic differentiator is physician control of the captive structure, which aligns profits with policyholders rather than external shareholders and underpins member retention.
CPP firmographics
Firmographics- Name
- CPP
- Legal name
- CPP
- Website
- https://cppinsco.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- CPP is a physician-directed mutual insurance company that provides professional liability coverage and integrated risk management services to physicians, advanced practice providers, and physician-owned entities in Pennsylvania, Maryland, and New Jersey.
- Ownership category
- akta.pro rank
CPP industry classification
Industry- Product category
- Medical Professional Liability Insurance
- NAICS
- Direct Property and Casualty Insurance Carriers (524126), Direct Insurance (except Life, Health, and Medical) Carriers (52412)
- SIC
- Fire, Marine & Casualty Insurance (6331), Insurance Carriers, Nec (6399)
- akta.pro primary industry
- Public Liability (Premises/Operations) (FSAJADAD)
Keywords
Where CPP is headquartered
LocationHeadquarters
- HQ city
- Lancaster
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
CPP business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Others, Technology or R&D, Marketing or Sales
Revenue model
- Professional Liability Insurance Premiums: CPP generates revenue through insurance premiums from physicians and healthcare professionals. As a physician-directed mutual insurance company, members are policyholders and profits benefit the members. Both claims-made and occurrence policy forms are offered.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Claims-Made and Occurrence Policy Options |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
CPP product offering
Product offeringCore offering
CPP is a physician-directed mutual insurance company that underwrites and sells medical professional liability (malpractice) insurance to physicians, advanced practice providers, and physician-owned business entities in Pennsylvania, Maryland, and New Jersey. Policies are issued in both claims-made and occurrence forms, and every policy includes an integrated, no-additional-cost safety and risk management program delivered by attorneys, patient safety professionals, physicians, and nurses. Revenue is generated primarily through recurring annual insurance premiums paid by member policyholders.
Product overview
CPP is a physician-directed mutual insurance company offering professional liability insurance and integrated risk management services to physicians and other healthcare professionals. The company provides coverage through two policy types: claims-made and occurrence. Applications are available for individual physicians, corporations/partnerships/professional associations, and advanced practice providers. A robust risk management program is included with all coverage, providing education, event management, and claims prevention services at no additional cost.
Differentiator
Problem solved
Functional benefit
Products and services
- Professional Liability Insurance
- Risk Management Services
Quantifiable outcome
- Over 15 years of demonstrated favorable impact on claims frequency and severity through risk solutions program
Companies that use CPP
Customer profileSegments3 records
Ideal customer profiles3 records
CPP technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
CPP partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and minor.
- MPL BrokerscoreMPL Brokers is a professional liability coverage provider dedicated to meeting malpractice insurance needs of healthcare professionals. They work with CPP to provide support for applications and renewals, obtain policy issuance and certificates, facilitate claims reporting and coordinate documentation.
- Saxton & StumpcoreLegal and consulting firm providing aggressive risk solutions through Healthcare Litigation and Risk Management team. Assists insureds in reducing liability risk through education, event management, and other services. Defense team led by Attorney James W. Saxton with 30+ years experience.
- Joy Metrics (formerly SE Healthcare)minorData analytics company specializing in burnout prevention and healthcare organization improvement. Provides platform for measuring performance metrics to drive improvement, retention, and care standards.
- Even SaferminorExpert-driven consultative services for identifying vulnerabilities, enhancing safety protocols, and risk mitigation. Clinical Safety Platform provides specialty-specific assessments with real-time data and actionable insights.
- Mutual Capital ServicescoreProvides captive management services including accounting, preparing statutory statements, and other consultative services to CPP.
- ION Risk AdvisorscoreThird-party administrator providing claims administration, risk mitigation, legal support, and audit compliance services for CPP Insurance Company.
- Johnson Lambert & Co. LLPcoreNorth America's largest insurance-focused audit and tax firm. Has provided audit and tax services for CPP since its inception.
- DeloittecoreProfessional services firm providing all actuarial services for the CPP program.
- Abundance Wealth CounselorsminorIndependent investment advisory firm providing wealth management services to physician practices and individual physicians, including retirement plan solutions.
- Medical Group of PennsylvaniaminorIndependent Physician Association representing interests of independent physicians. Offers Clinically Integrated Network with robust population health program. Introduced as partnership opportunity for CPP members.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
CPP competitors and assessment
Company assessmentDirect peers
- Coverys: Medical professional liability insurer with reciprocal/affinity roots serving healthcare providers. Comparable MPL product focus and integrated risk management delivery model.
- MagMutual: Physician-owned MPL mutual primarily serving the Southeast. Direct comparable on mutual governance model, MPL product focus, and integrated risk management offering.
- Physicians Insurance (PIMC): Pacific Northwest MPL mutual with mutual/physician-led structure. Comparable scale, regional MPL-only book, and integrated risk management services.
- The Doctors Company: Largest US physician-owned medical malpractice insurer. Closely matches CPP on mutual structure, physician-led governance, MPL-only product focus, and integrated risk management services.
- CMIC Group: Connecticut-based MPL mutual providing professional liability to physicians. Direct comparable on mutual structure, regional MPL-only product focus, and physician-led governance.
- MLMIC: Medical Liability Mutual Insurance Company, physician-founded MPL mutual serving New York. Direct comparable mutual structure and physician-focused MPL underwriting.
- NORCAL Group: Physician-founded MPL mutual (California). Same mutual/physician-owned structure, MPL product focus, and integrated risk management services; historically direct peer before acquisition by The Doctors Company.
- SVMIC: State Volunteer Mutual Insurance Company, physician-led MPL mutual serving Tennessee and surrounding states. Comparable mutual structure, physician-led governance, and regional MPL focus.
Broad incumbents
- MedPro Group: One of the oldest MPL insurers (now Berkshire Hathaway-owned). Comparable product focus but materially larger national footprint and broader healthcare liability portfolio than CPP.
- ProAssurance: Diversified MPL and specialty P&C insurer with substantially larger scale and broader geographic reach. Same underlying MPL underwriting discipline but at larger scale than CPP.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
CPP social profiles
Digital presenceCPP financial estimates
Financial estimateRevenue estimate
Valuation estimate
CPP leadership team
Management profileNumber of profiles
Profiles9 records
CPP funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CPP 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 CPP
What does CPP do?
CPP is a physician-directed mutual insurance company that underwrites and sells medical professional liability (malpractice) insurance to physicians, advanced practice providers, and physician-owned business entities in Pennsylvania, Maryland, and New Jersey. Policies are issued in both claims-made and occurrence forms, and every policy includes an integrated, no-additional-cost safety and risk management program delivered by attorneys, patient safety professionals, physicians, and nurses. Revenue is generated primarily through recurring annual insurance premiums paid by member policyholders.
Is CPP a public or private company?
CPP is a private company. It is classified as management employee owned and is currently operating.
When was CPP founded?
CPP was founded in -1. It employs 11 to 50 people.
Where is CPP based?
CPP is headquartered in Lancaster, United States, in the North America region.
How does CPP make money?
One revenue line is on record: professional Liability Insurance Premiums.
Who are CPP's main competitors?
Direct peers on record are Coverys, MagMutual, Physicians Insurance (PIMC), The Doctors Company, CMIC Group, MLMIC, NORCAL Group and SVMIC. Broad incumbents are MedPro Group and ProAssurance.
Does CPP have an API?
No public API is recorded for CPP.
What industry is CPP in?
CPP's product category is Medical Professional Liability Insurance. Its primary akta.pro industry code is FSAJADAD, Public Liability (Premises/Operations). Its NAICS code is 524126 and its SIC code is 6331.