1988



3,464

Policyholders:
Health Care Professionals



$36.9M

Direct Written Premium


N/A

Policyholders:
Hospitals and Facilities


$21.2M

Policyholder Surplus


38

Employees
N/A

Policyholder Dividends


LEADERSHIP


Douglas Beach
President & CEO

Robert S. Flom, M.D.
Board Chair


COVERAGE
AREA


Minnesota, North Dakota, South Dakota

MINNESOTA, NORTH DAKOTA,
SOUTH DAKOTA

Minnesota Medical Insurance Exchange (MMIE) is restructured into a stock company to gain more flexibility to enter new markets such as hospital professional and general liability. MMIE becomes Midwest Medical Insurance Company (MMIC) and Midwest Medical Insurance Holding Company (MMIHC).

MMIC is becoming a well-known and respected member of the medical professional liability insurance community. We receive our first AM Best rating: B+.