AM Best Confirms Curi’s “A” (Excellent) Rating for 19th Consecutive Year

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The independent rating agency awarded the company’s insurers, Medical Mutual Insurance Company of North Carolina and Medical Security Insurance Company – an “Excellent” rating

RALEIGH, North Carolina, October 3, 2022 /PRNewswire/ — Curi, a consulting firm for physicians and medical practices, today announced that rating agency AM Best has affirmed an “A” (Excellent) rating for its insurance business for the nineteenth consecutive year, in addition to providing a long-term issuer credit rating of “a+” (Excellent). Curi Insurance provides medical malpractice insurance and alternative risk solutions for physicians and their practices. AM Best’s outlook for these credit ratings is stable.

According to the independent rating agency, an “A” rating is given only to selected companies that have an excellent ability to meet the insurance policy and current financial obligations. The ratings reflect Curi’s strong balance sheet and consistent operating performance, which has outperformed the industry and medical malpractice composite. In addition, Curi achieved favorable underwriting and investment performance.

“Nineteen consecutive years of ‘A’ ratings from AM Best are testament to our consistent financial performance and strong fundamentals,” said Brad Diericx, CEO of Curi Insurance. “We are incredibly proud of these ratings and remain more committed than ever to the disciplined approach and strategies that have helped us earn this recognition and, most importantly, allow us to continue to meet the ever-changing needs of our member-owners. .”

“We are honored to be recognized again by AM Best for our strength, discipline and innovation, especially in light of the challenges our industry and our customers are currently facing,” said Jason Sandner, CEO of Curi. “These ratings are an important reflection of the diligent work of our team and always keep us looking to the future as we identify new opportunities to grow and strengthen our business to better support the members we serve.”

For more information on Curi’s 2022 rating by AM Best, click here. For more information on Curi’s recent financial performance, see the company’s annual reports at https://curi.com/annual-reports.

About Curi

Curi (curi.com) is a full-service consulting company serving physicians and medical practices. Equal parts fierce physician advocates, smart business leaders, and thoughtful partners, Curi’s advisory, capital, and insurance offerings deliver valuable advice that’s grounded in client priorities and elevated by results. From data-driven advisory services to private wealth offerings, bespoke insurance solutions and beyond, Curi delivers proven and trusted performance, across medical, business and life. .

About AM Best

AM Best is the world’s oldest and most trusted insurance rating and information source. For more information, visit www.ambest.com.

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