Subsidiaries

 

The Institute at MagMutual®

The Institute’s mission is to identify, develop and implement effective patient safety and risk-reduction strategies and programs that benefit MagMutual PolicyOwners and the medical community. Led by a board-certified emergency medicine physician and staffed by legal, clinical, risk management and patient safety experts, The Institute gives PolicyOwners unmatched support, education and guidance. By collecting and analyzing data in a way that facilitates the reporting of patient safety events, errors and near misses, and working to help providers eliminate them, The Institute provides a path to better care. The expertise and resources available at The Institute are offered exclusively to MagMutual PolicyOwners and reinforce our commitment to creating a valued patient safety platform for medical professionals that promotes collaboration and ongoing advancements in healthcare.

 

MagMutual Insurance Agency

Through MagMutual Insurance Agency, MagMutual can offer PolicyOwners coverage for auto, home and personal assets from financially strong insurance providers. It’s all-in-one convenience that gives you one simple policy and one trusted MagMutual contact, with tailored coverage and prices you won’t find anywhere else. Call 800-295-5120 to get started.

 

MagMutual Specialty Suite

 

Professional Security Insurance Company

Professional Security Insurance Company, a wholly owned subsidiary of MagMutual, offers a level of service, personalization and customization not available through other healthcare liability insurance companies. Our more inclusive policy provides coverage that extends well beyond the competitors’ to include all entities – employees, medical directors who provide patient care and even contracted parties. Professional Security Insurance Company's solutions help you to optimize your internal resources and deliver high-quality, low-cost care in an increasingly competitive healthcare landscape.

 

OURCell PCC®

OURCell PCC, a fully owned subsidiary of MagMutual, offers captive insurance options with lower expenses, less volatility and a higher potential return. It provides one-stop-shop convenience for clients who want bespoke, more traditional protection with the advantages of a captive – all backed by one of the largest and most trusted names in healthcare liability insurance.

 

MagMutual Risk Retention Group

MagMutual Risk Retention Group was created specifically to support our policyholders who move to or expand into the state of New York. You’ll be able to enjoy all the benefits and rewards of being a MagMutual PolicyOwner with the assurance of protection that comes from our financial strength and stability.

 

MagMutual Placement Services

Our wholesale distribution channel, MagMutual Placement Services, delivers comprehensive healthcare liability insurance solutions directly to retail agents and brokers, and acts as a managing general agent to provide expert guidance and support throughout the process, from underwriting and proposals to negotiations and policy review. Plus, we’ve developed excellent relationships with leading surplus lines carriers to give you access to otherwise hard to place or underserved coverage areas.