About MLMIC
MLMIC is a company based in New York (United States) founded in 1970 was acquired by National Indemnity in July 2016.. MLMIC offers products and services including Medical Professional Liability Insurance and Risk Management Services. MLMIC operates in a competitive market with competitors including AIA Group, John Hancock, Nassau Financial Group, Western & Southern Financial Group and Globe Life And Accident Insurance, among others.
- Headquarter New York, United States
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Mlmic Insurance Company
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
National Indemnity
(Jul 18, 2016)
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Products & Services of MLMIC
MLMIC offers a comprehensive portfolio of products and services, including Medical Professional Liability Insurance and Risk Management Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides coverage for healthcare professionals against malpractice claims.
Offers analytics and legal support to minimize liability exposure.
Funding Insights of MLMIC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MLMIC
MLMIC has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include National Indemnity. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Property and casualty insurance services are offered nationwide.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by MLMIC
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - MLMIC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mlmic Comparisons
Competitors of MLMIC
MLMIC 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 AIA Group, John Hancock, Nassau Financial Group, Western & Southern Financial Group and Globe Life And Accident Insurance, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Life insurance and related services are offered across Asia-Pacific markets.
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Offers life insurance products, investment advice, and retirement planning for individuals and businesses.
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Diversified insurance brokerage services are provided from Hartford.
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| domain | founded_year | HQ Location |
Life insurance, investments, and retirement solutions are provided to clients.
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| domain | founded_year | HQ Location |
Life and accident insurance policies are provided by the company.
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| domain | founded_year | HQ Location |
Life insurance company
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mlmic
Frequently Asked Questions about MLMIC
When was MLMIC founded?
MLMIC was founded in 1970.
Where is MLMIC located?
MLMIC is headquartered in New York, United States. It is registered at New York, New York, United States.
What does MLMIC do?
MLMIC was founded in 1970 in New York, United States, as a provider of liability insurance services within the insurance sector. Coverage is extended to medical professionals and organizations, with operations based in New York. Services include risk management and claims handling, tailored to healthcare liabilities. The companys domain, mlmic.com, supports client access and information dissemination across the United States.
Who are the top competitors of MLMIC?
MLMIC's top competitors include AIA Group, Brighthouse Financial and Globe Life And Accident Insurance.
What products or services does MLMIC offer?
MLMIC offers Medical Professional Liability Insurance and Risk Management Services.
Who are MLMIC's investors?
MLMIC has 1 investor. Key investors include National Indemnity.