Financial Strength
PracticeProtection’s team consists of dental and insurance industry veterans and is backed by reinsurance partners with combined assets exceeding $225 billion and financial strength ratings of “A+” (Superior) and “A” (Excellent) from A.M. Best.
Our reinsurance partners – Swiss Re and Navigators – help ensure a strong and stable future for PracticeProtection by removing the majority of financial risk associated with claims payments. Additionally, our reinsurance provides additional benefits, such as protection from large or multiple losses, greater underwriting capacity without substantially higher administrative costs, and advisory and support services. To have highly rated global reinsurance partners of this caliber is an affirmation of our business and our people.
The Swiss Re Group is a leading wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. Dealing direct and working through brokers, its global client base consists of insurance companies, mid-to-large-sized corporations and public sector clients. From standard products to tailor-made coverage across all lines of business, Swiss Re deploys its capital strength, expertise and innovation power to enable the risk-taking upon which enterprise and progress in society depend. Founded in Zurich, Switzerland, in 1863, Swiss Re serves clients through a network of about 70 offices globally and is rated “AA-” by Standard & Poor’s, “Aa3” by Moody’s and “A+” by A.M. Best. Registered shares in the Swiss Re Group holding company, Swiss Re Ltd, are listed in accordance with the International Reporting Standard on the SIX Swiss Exchange and trade under the symbol SREN. For more information about Swiss Re Group, please visit: www.swissre.com.
The Navigators Group, Inc. (Nasdaq: NAVG) is a global specialty insurance holding company that provides customized insurance solutions designed to protect clients from the complex risks they face. For more than 40 years, Navigators has added value for broker partners and their clients — both in underwriting and in claims — through the depth and quality of its technical and industry expertise. Industries served include maritime, construction, energy, environmental, professional services and life sciences. Headquartered in Stamford, Connecticut, Navigators has offices in the United States, the United Kingdom, Continental Europe and Asia. Navigators is rated ‘A’ (Excellent) by A.M. Best and ‘A’ (Strong) by Standard & Poor’s. Navigators also owns and operates Syndicate 1221 at Lloyd’s. Lloyd’s is rated ‘A’ (Excellent) by A.M. Best and ‘A+’ (Strong) by Standard & Poor’s. For more information about The Navigators Group, please visit: www.navg.com.