Physicians Insurance Revenue and Competitors

Physicians Insurance serves more than 6,900 members in Washington, Idaho, and Oregon, and provides risk management consulting, continuing medical education, and claims administration services. The company has grown to be the largest insurer of physicians in Washington State and is rated A- (Excellent) by A.M. Best Company. Physicians Insurance was founded in 1981 under the auspices of the Washington State Medical Association. Physicians believed then, as they do now, that they would get better service and outcomes from a company that they owned, rather than from a giant, national firm with no local presence. Our mission is to provide insurance coverage to physicians and other health care providers at the lowest possible cost consistent with sound financial and insurance practices; to anticipate and respond to changing needs and trends in a manner that is beneficial to our members; to improve the quality of medical care and patient safety; and to protect the personal and professional interests of our members consistent with sound financial and insurance practices.

keywords:Finance,Insurance