PPIC®, a Coverys company, is rated A- (Excellent) by A.M. Best. This rating is assigned to companies that have, in the opinion of A.M. Best, an excellent ability to meet their ongoing obligations to policyholders.
In 1987, a group of Catholic healthcare systems united to provide their associated physicians with access to quality medical malpractice insurance. The organization they created, Preferred Physicians Insurance Company (PPIC), had two goals: to be a permanent and financially stable source of professional liability insurance for physicians and a constant resource for education, risk management, and consultative services.
As PPIC entered its second decade, the company strengthened its link between coverage and caring by amalgamating with Consolidated Catholic Casualty Risk Retention Group (CCCRRG). Their combined resources enabled PPIC to expand its operations to better serve Catholic healthcare systems and their associated healthcare providers. To reflect this change and the scope of its available products and services, PPIC changed its name to Preferred Professional Insurance Company.
In 2000, PPIC welcomed the Catholic Mutual Relief Society of America (Catholic Mutual Group) as a shareholder and partner for expanded casualty insurance products for Catholic-sponsored entities. Since 2001, PPIC has added seven Catholic healthcare owner systems: Bon Secours Health System, Inc.; Daughters of Charity Health System; Sisters of Charity of Leavenworth Health System; Wheaton Franciscan Services, Inc.; Carmelite System for the Aged and Infirm, Inc; Provena Health; and Providence Health & Services.
On August 1, 2014, PPIC became a subsidiary of Medical Professional Mutual Insurance Company (ProMutual), a Coverys® company. Combined with PPIC, Coverys is the sixth largest medical professional liability provider in the country based on direct written premium.
The core values of integrity, excellence, community and innovation are integral to every job at PPIC. PPIC’s growth and success stem from its commitment to deliver outstanding customer service and maintaining a rewarding work environment for its employees.
PPIC provides its employees with a comprehensive program of employee benefits: medical, dental, life, AD&D, disability, health savings account, flexible spending accounts, travel insurance, voluntary group life, supplemental insurance, training, and educational benefits. The benefits package also includes an EAP, PTO, holidays, 401(k), flex scheduling, 37.5 hour workweek, business casual, and jeans Fridays.
11605 Miracle Hills Drive, Suite 200
Omaha, NE 68154-4467
Phone: 800-441-7742 or 402-392-1566