The CMIC Group
Since CMIC was established by physicians on October 1, 1984,
the practice of medicine has changed dramatically.
The CMIC Group consists of CMIC and CMIC Risk Retention Group. Both companies are A.M. Best A- rated and headquartered in Glastonbury, CT.
CMIC was established on October 1, 1984 when physicians recognized the need for a mutual, member owned company that would provide them with the best quality insurance services and products that they deserved at a competitive premium. With an experienced executive team, membership representation on the various boards and committees and CMIC’s ability to work collaboratively with its members, the company soon became the industry standard.
CMIC has grown over the years without wavering on its core commitments and strict underwriting principles. In 2004 CMIC began its expansion into Massachusetts. CMIC has added many new products and services over time to include hospitals and a full spectrum of healthcare facilities and professionals.
In 2010 CMIC sponsored the formation of CMIC Risk Retention Group, a mutual company which is reinsured by CMIC. The company’s expansion into New Hampshire, Rhode Island, New Jersey, Pennsylvania, Delaware, and Washington D.C. has paved the way for our continued success.
We expect the market will continue to offer many new opportunities and challenges. Medical and technological advances are the norm along with significant changes in the regulatory, reimbursement and organizational structures of the health care delivery system. These factors place increasing financial pressure on physicians and hospitals and burden them with new risks.
We are proud of our accomplishments and dedication to serving our members and the medical community that we have been partnering with for 30 years. We look forward to continued success in providing innovative insurance coverage’s, loss prevention and support services with an unwavering commitment to individualized protection and support in this complex healthcare environment.