125 Years of Trust

This year, members of the team at MedPro Group aren’t just commemorating the company’s 125^th anniversary. They’re also celebrating the company’s mission, doubling down on their commitment to customers, and recognizing the hardworking employees who are dedicated to serving others. 

“We get to protect assets and reputations of people that make a difference,” says CEO Tim Kenesey. “We’re not directly saving lives, but we are in an industry that supports healthcare providers and helps them provide excellent care.”

“We’re really proud of the fact that we protect those who protect and serve others. It’s very fulfilling,” adds Andrew Booth, VP of Marketing, Communications and Learning.

MedPro has a long, rich history in Fort Wayne. Founded by two physicians in 1899 as Physicians’ Guarantee Company, its goal was to be the leading legal expert on medical malpractice, offering pre-paid legal services for malpractice litigation defense. In 1909, the owners reorganized to become the nation’s first insurance company to provide medical malpractice insurance. By the late 1920s, the company – then known as Medical Protective – had become the largest insurer of medical providers in the nation, insuring an estimated 30% of physicians and surgeons. 

In 2005, MedPro was acquired by Berkshire Hathaway. With Berkshire’s support, MedPro acquired several like-minded insurance companies, expanded offerings across the spectrum of healthcare and beyond, and further solidified its reputation as the industry leader. Today, trusted by more than 300,000 customers worldwide, MedPro provides customized healthcare liability insurance, claims and risk solutions to physicians, surgeons, dentists and other healthcare professionals, as well as hospitals, senior care and other healthcare facilities. 

In the challenging and unpredictable insurance industry, MedPro’s longstanding reputation provides peace of mind for both those it insures and those it employs. “Being part of the Berkshire Hathaway family – one of the most respected companies in the world – provides incredible stability and strength. Berkshire’s long-term mindset and commitment to doing things the right way impacts every decision we make,” says Booth. 

“Integrity is the most important thing we think about at all times,” stresses VP & General Counsel Angela Adams. “It’s ingrained in every business unit and every leader, and it’s felt throughout the company by all employees.”

It’s those employees who are the key to MedPro’s success, says Adams. Boasting a retention rate of more than 95% for the past decade, company leaders say it’s a great place to start a career and to grow it. “The best part of working here is the people,” she says. “I enjoy the fact that I come to work every day to work with people who are experts in their field. They’re knowledgeable about their area of expertise and they have high integrity. I really appreciate those people who are able to think broadly and deeply about the company.”

From more entry-level roles to seasoned professionals, MedPro offers competitive salaries and excellent benefits like healthcare, 401K and profit sharing to its more than 1,300 employees. It also focuses on creating an inclusive culture and fostering meaningful opportunities for career growth. 

“We believe our two founding doctors would be proud to see that MedPro is the world leader in protecting healthcare providers. We’re also proud of our Indiana roots and that Fort Wayne remains home to our global headquarters. We want to be known as an employer of choice as one of the leading companies in the city.” says Booth.

In addition to uncompromising integrity, MedPro leaders believe their other core values – obsessive client focus, great teamwork, strong performance and a disciplined 100-year outlook – are not only what have led to past success, but will be what guarantees a promising future for the next 125 years.

“We have a commitment to always get better, and that means get better as a business, but also to help our employees grow their careers,” concludes Kenesey. “It’s a challenging, dynamic industry that’s constantly changing. You have to assume that the future is going to be radically different. But what won’t be different is our commitment to protecting the assets and reputations of providers, and elevating healthcare.” 

Comments