M&A Deal Summary

MAG Mutual Insurance Acquires South Carolina Physician Assurance

On February 19, 2013, MAG Mutual Insurance acquired insurance company South Carolina Physician Assurance

Acquisition Highlights
  • This is MAG Mutual Insurance’s 1st transaction in the Insurance sector.
  • This is MAG Mutual Insurance’s 1st transaction in the United States.
  • This is MAG Mutual Insurance’s 1st transaction in South Carolina.

M&A Deal Summary
Date 2013-02-19
Target South Carolina Physician Assurance
Sector Insurance
Buyer(s) MAG Mutual Insurance
Deal Type Add-on Acquisition

Target

South Carolina Physician Assurance

South Carolina, United States
South Carolina Physician Assurance is a provider of medical malpractice insurance. Company focuses on insuring physicians who are SCMA members, as well as their physician extenders.

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Buyer(S) 1

Buyer

MAG Mutual Insurance

Atlanta, Georgia, United States
Category Company
Founded 1981
Sector Insurance
DESCRIPTION

MAG Mutual Insurance Company is a provider of medical professional liability and hospital professional liability insurances to physicians and hospitals in the United States.

DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (South Carolina) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1
Mergr

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