MagMutual files Form D with the SEC

Atlanta-based MagMutual  filed its Form D with the SEC in connection to a debt round totaling $100 million.

Founded in 1982, the company specializes in medical professional liability offering coverage for the practice, business, and regulation of medicine to more than 30,000 healthcare providers and organizations nationwide.

Last year it acquired West Virginia Mutual Insurance Company, the only member-owned medical liability insurance company in West Virginia.

Also, MagMutual’s OneModel is a data tool that allows clients to view all of their risks and all of their protection in one place. “MagMutual’s revolutionary new tool uses your specific profile and our extensive claims database to create an interactive visual simulation of your entire universe of liability, how your current insurance holds up against it, the potential losses you face and how to better manage your risk. It’s the only way you can be sure you’re getting the coverage you need, and it’s only from MagMutual.”