About MagMutual
MagMutual is a Financial Services company based in Charleston (United States) founded in 2004, and was acquired by MagMutual in November 2020. Medical malpractice insurance for healthcare providers is offered by MagMutual. It operates on a Subscription Services model. Its chief executive, as recorded, is R Austin Wallace. MagMutual offers products and services including Medical Malpractice Insurance, Cyber Liability Insurance, Business Liability Insurance, Regulatory Coverage, and Workers’ Compensation Coverage. Its focus areas include Financials, Insurance and Health Insurance. Its legal entity is MagMutual LLC. Its competitors include State Farm, HUB International and Prudential; 2 of its 3 listed competitors have raised funding.
Company details
Comprehensive medical malpractice and insurance solutions are provided by MagMutual for healthcare providers, including physicians, hospitals, and organizations. Coverage spans professional liability, cyber liability, regulatory violations, business liabilities, and workers compensation. For over 40 years, risk reduction and protection against unexpected outcomes have been supported in the healthcare sector. Educational resources and tools are also offered to help minimize malpractice losses and enhance professional growth. A mutual insurance company, MagMutual is owned and led by its PolicyOwners, ensuring a focus on healthcare-specific needs.
Products & Services of MagMutual
MagMutual offers a comprehensive portfolio of products and services, including Medical Malpractice Insurance, Cyber Liability Insurance, Business Liability Insurance, Regulatory Coverage, and Workers’ Compensation Coverage.
Coverage for healthcare providers against malpractice claims provided.
Protection against data breaches for healthcare professionals offered.
Coverage for business-related liabilities in healthcare is provided.
Insurance for regulatory violations in healthcare is offered.
Protection for workplace injuries in healthcare is ensured.
Apps and channels of MagMutual
its YouTube channel MagMutual has 169 subscribers and 18 videos.
Videos from MagMutual
The most watched videos on MagMutual's YouTube channel, MagMutual (169 subscribers). Click a video to play it here.
More on MagMutual.
Investors in MagMutual
MagMutual has secured backing from 1 investor. Prominent investors backing the company include MagMutual.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Liability insurance and healthcare consulting are provided to members. | 1982 | magmutual.com | Atlanta, United States |
Investor details for MagMutual
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People of MagMutual
1 people are tracked at MagMutual (1 in leadership).
| Name | Role | Group |
|---|---|---|
R Austin Wallace | CEO | Leadership |
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Timeline of MagMutual
2 dated milestones of MagMutual across 16 years, from founding to its latest funding, stage changes and deals.
- Founded MagMutual is founded.
- Exit Acquired by MagMutual.
Competitors of MagMutual
MagMutual has 3 listed competitors in our database, 2 of them funded. They include State Farm, HUB International and Prudential.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| statefarm.com | 1922 | Bloomington, United States | $66.94M | 54,024 | Insurance and financial services are provided to individuals and businesses. | |
| hubinternational.com | 1998 | Chicago, United States | $1.6B | Investment advisory, insurance distribution, and risk management services are provided. | ||
| prudential.com | 1875 | Newark, United States | 40,000 | Life, health, and financial insurance services are provided globally. |
Detailed competitors of MagMutual
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Top companies in Insurance & Risk Management
3 companies that operate in the same segment as MagMutual (Insurance & Risk Management) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Investment advisory, insurance distribution, and risk management services are provided. | 1998 | Chicago, Illinois, United States | USD 1.6 B | |||
Financial institution offering insurance & transaction services | 1847 | Jacksonville, United States | USD 500 M | USD 14.51 B | 23,530 | |
Integrated healthcare services and coverage are provided nationwide. | 1945 | United States |
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Related news about Magmutual
Complete news archive for MagMutual
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Frequently Asked Questions about MagMutual
MagMutual was founded in 2004.
MagMutual is headquartered in Charleston, United States. It is registered at Charleston, South Carolina, United States.
R Austin Wallace is the CEO of MagMutual, as recorded in our data.
Comprehensive medical malpractice and insurance solutions are provided by MagMutual for healthcare providers, including physicians, hospitals, and organizations. Coverage spans professional liability, cyber liability, regulatory violations, business liabilities, and workers compensation. For over 40 years, risk reduction and protection against unexpected outcomes have been supported in the healthcare sector. Educational resources and tools are also offered to help minimize malpractice losses and enhance professional growth. A mutual insurance company, MagMutual is owned and led by its PolicyOwners, ensuring a focus on healthcare-specific needs.
MagMutual's top competitors include HUB International, State Farm and Prudential.
MagMutual offers Medical Malpractice Insurance, Cyber Liability Insurance, Business Liability Insurance, Regulatory Coverage, and Workers’ Compensation Coverage.
MagMutual has 1 investor. Key investors include MagMutual.
MagMutual operates through Magmutual Llc.
Yes. MagMutual was acquired by MagMutual in November 2020.