M&A Deal Summary

The Medical Protective Company Acquires PLICO

On September 2, 2015, The Medical Protective Company acquired insurance company PLICO from Oklahoma State Medical Association Co.

Acquisition Highlights
  • This is The Medical Protective Company’s 1st transaction in the Insurance sector.
  • This is The Medical Protective Company’s 1st transaction in the United States.
  • This is The Medical Protective Company’s 1st transaction in Oklahoma.

M&A Deal Summary

Date 2015-09-02
Target PLICO
Sector Insurance
Buyer(s) The Medical Protective Company
Sellers(s) Oklahoma State Medical Association Co.
Deal Type Divestiture

Target

PLICO

Oklahoma City, Oklahoma, United States
PLICO, Inc. is a provider of healthcare insurance services.

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Buyer(S) 1

Buyer

The Medical Protective Company

Fort Wayne, Indiana, United States

Category Company
Founded 1899
Sector Insurance
DESCRIPTION

The Medical Protective Company, Inc. (MedPro Group) is a primary medical professional liability coverage and risk solutions for primary healthcare providers.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Oklahoma M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1

Seller(S) 1

SELLER

Oklahoma State Medical Association Co.

Oklahoma City, Oklahoma, United States

Category Company
Sector Healthcare Services
DESCRIPTION

Oklahoma State Medical Association Co. is a provider of healthcare services.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Oklahoma M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1