Who We Are
Our Mission and Vision
At MCIC, we support world class academic health systems by partnering to provide stable, cost-effective medical professional liability insurance and risk mitigation. Our vision is to work together to proactively mitigate risk, support patient safety advancements, and provide sustainable professional liability insurance.
Our Subscribers
From 1978 into the Future
MCIC’s origins date back more than four decades. In 1978, The Medical Centre Insurance Company, Ltd., a Bermuda-based captive insurance company was formed to provide its shareholders with insurance for their medical professional and general liability exposures. In 1997 MCIC Vermont and The Medical Centre Insurance Company, Ltd merged and became the reciprocal risk retention group that is in existence today. As a reciprocal risk retention group, we provide our subscribers with a more predictable cost structure and our subscribers benefit from sharing risk among similar institutions.
Currently, MCIC insures its subscribers and certain affiliates across all their campuses, which include more than sixteen hospitals and 375 separate locations in seven states. We insure more than 18,000 physicians, over 50,000 individual employees, and generate over $500 million in annual written premiums.
Our vision is to remain the best Medical Professional Liability insurance and risk management company in our class by offering a comprehensive set of services to the entire integrated delivery system used by our subscribers. Through analytics and impact measurement, our services will continue to evolve as the health industry evolves and be tailored to our subscribers’ needs.
Our charter institutions include Columbia University, Cornell University, Johns Hopkins Hospital, Johns Hopkins University, NewYork-Presbyterian, University of Rochester, Yale New Haven Hospital, and Yale School of Medicine.
What Matters to Us
At MCIC, we believe that the highest quality results are achieved through a blend of having the best people, delivering outstanding work, and providing responsive customer service. These are the standards we apply to everything we do:
Accountability
“Own it.”
Take ownership of actions, honor commitments, and embrace feedback.
Authenticity
“Be real.”
Be genuine, transparent, and honest.
Ingenuity
“Have intellectual curiosity.”
Creatively strive for solutions, adapt and innovate to achieve results.
Integrity
“Do the right thing”
Act ethically with principles and civility.
Collaboration
“Work better together.”
Proactively seek and leverage diverse skills, experiences, and views to reach objectives.
Balance
“Prioritize.”
Focus on what is meaningful in your work and in yourself.
Our Executive Leadership
Matt J. Simon
Shannon Anderson Alt
Christopher D. Heckman
Leslie Jurecko
Philip N. Vorreiter
Mike Cesaro
Anastasia Gale
Mathews George
Rita Hamilton
Scott Loris
