About MedPro Group
MedPro Group is a company based in Fort Wayne (United States) founded in 1899 was acquired by National Indemnity in May 2005. It operates as a Commission-Based. MedPro Group has raised $5.5 million across 1 funding round from investors including National Indemnity. MedPro Group has completed 1 acquisition, including PLICO. MedPro Group offers products and services including Healthcare Liability Insurance, Patient Safety Solutions, and Claims Management. MedPro Group operates in a competitive market with competitors including ProAssurance, Physicians Protector Plan and Wellness Medical Protection Group, among others.
- Headquarter Fort Wayne, United States
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
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Social
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- Legal Name The Medical Protective Company
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Annual Revenue
$1.81 K (USD)-41as on Dec 31, 2023
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Net Profit
-$419.98 (USD)-35as on Dec 31, 2023
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EBITDA
Not available
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Total Equity Funding
$5.5 M (USD)
in 1 rounds
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Latest Funding Round
$5.5 M (USD), Series A
Aug 25, 2015
- Investors
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
National Indemnity
(May 06, 2005)
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Products & Services of MedPro Group
MedPro Group offers a comprehensive portfolio of products and services, including Healthcare Liability Insurance, Patient Safety Solutions, and Claims Management.
Healthcare liability insurance is provided for medical professionals.
Patient safety solutions are offered to healthcare providers.
Claims management services are delivered to insured clients.
People of MedPro Group
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Software Development Team
75 people
Leadership Team
32 people
Sales and Marketing
16 people
Operations Team
12 people
Senior Team
11 people
Finance and Accounting
10 people
Legal and Compliance
9 people
Claims Team
5 people
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Funding Insights of MedPro Group
MedPro Group has successfully raised a total of $5.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5.5 million completed in August 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in MedPro Group
MedPro Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include National Indemnity.
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Property and casualty insurance services are offered nationwide.
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Investor details for MedPro Group
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Investments & Acquisitions by MedPro Group
MedPro Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include PLICO.
Investment portfolio details for MedPro Group
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Insurance solutions are provided by PLICO for healthcare professionals.
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Complete acquisition details for MedPro Group
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- Transaction dates
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Financial Statements - MedPro Group
Detailed financials for MedPro Group
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Medpro Group Comparisons
Peer comparison for MedPro Group
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Competitors of MedPro Group
MedPro Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ProAssurance, Physicians Protector Plan and Wellness Medical Protection Group, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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liability insurers for healthcare professionals/entities, medical technology, life sciences products, & workers’ compensation
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Provides stand-alone tail coverage for medical professionals' insurance transitions.
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Offers liability insurance for med spas, physicians, and businesses with online quoting tools.
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Detailed competitors of MedPro Group
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Latest news on Medpro Group
Complete news archive for MedPro Group
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Frequently Asked Questions about MedPro Group
MedPro Group was founded in 1899 and raised its 1st funding round 116 years after it was founded.
MedPro Group is headquartered in Fort Wayne, United States. It is registered at Fort Wayne, Indiana, United States.
Tim Kenesey is the current CEO of MedPro Group.
MedPro Group is a funded company, having raised a total of $5.5M across 1 funding round to date.
Annual revenue of MedPro Group is $1.81K as on Dec 31, 2023.
Healthcare liability insurance is offered by MedPro Group to protect the assets and reputations of medical professionals and facilities. Coverage is extended to physicians, surgeons, dentists, and other healthcare providers, as well as hospitals and senior care facilities. Customized solutions in claims management and patient safety are also provided. The company operates within the healthcare sector, serving a wide range of medical entities across the United States since 1899.
MedPro Group's top competitors include ProAssurance, Physicians Protector Plan and Wellness Medical Protection Group.
MedPro Group offers Healthcare Liability Insurance, Patient Safety Solutions, and Claims Management.
MedPro Group has made 1 acquisition, including PLICO.
MedPro Group has 1 investor. Key investors include National Indemnity.