ISMIE Mutual Insurance Company is a prominent provider of medical professional liability insurance, dedicated to serving physicians, hospitals, and other healthcare providers. Founded in 1976 by medical professionals for medical professionals, ISMIE offers comprehensive coverage solutions, expert-led risk management services, and vigorous claims defense. As a mutual insurance company, ISMIE is owned by its policyholders and prioritizes their interests, striving to provide stable and reliable protection in an ever-evolving healthcare landscape. Their offerings are designed to help healthcare professionals navigate complex legal and regulatory environments, allowing them to focus on delivering quality patient care.
The headquarters serves as the central command for all core operations, including underwriting, claims management, risk management program development, policyholder services, legal counsel, and corporate administration for ISMIE Mutual Insurance Co.
The headquarters is situated on the prestigious Michigan Avenue, within the historic Gage Group Buildings. The office space is modern, designed to foster collaboration and efficiency, while the building itself is a Chicago landmark known for its architectural significance.
The work culture at ISMIE's headquarters is characterized by professionalism, expertise, and a strong service orientation. Employees are dedicated to supporting physician and healthcare facility policyholders, reflecting the company's mutual structure and deep roots in the medical community. Collaboration and continuous learning in the specialized field of medical liability are emphasized.
The Chicago headquarters is significant due to its prime location in a leading U.S. city with a robust healthcare sector and business infrastructure. This allows ISMIE to attract top talent, stay connected with industry developments, and effectively serve its policyholders across the nation.
ISMIE Mutual Insurance Co. primarily focuses its operations within the United States. It is licensed to write business directly in numerous states and the District of Columbia, and through its subsidiary, ISMIE Indemnity, offers coverage capabilities in all other U.S. states and territories. ISMIE does not maintain a significant physical global office presence outside of the U.S., as its services are specifically tailored to the U.S. healthcare regulatory and legal environment.
20 N. Michigan Avenue, Suite 700
Chicago
IL
USA
Address: Operations are primarily centralized at the Chicago headquarters. Regional support is provided by field-based risk management and claims professionals, as well as remote teams.
To ensure responsive service and tailored support for policyholders nationwide, adapting to diverse regional healthcare landscapes, legal environments, and regulatory requirements.
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As of April 2025, ISMIE Mutual Insurance Company' leadership includes:
ISMIE Mutual Insurance Company has been backed by several prominent investors over the years, including:
Based on publicly available information and company announcements, there have been no major executive leadership hires or departures widely reported for ISMIE Mutual Insurance Co. within the past 12 months. The current senior executive team appears to have been largely consistent during this period.
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ISMIE Mutual Insurance Co. commonly uses the email format of the employee's first initial followed by their last name, combined with the @ismie.com domain. This is a standard pattern for many organizations.
flast@ismie.com (e.g., jsmith@ismie.com)
Format
mglick@ismie.com
Example
85%
Success rate
ISMIE Mutual Insurance Company Newsroom • November 16, 2023
ISMIE Mutual Insurance Company's Board of Directors approved a $12 million dividend for its eligible physician policyholders, underscoring the company's strong financial performance and steadfast commitment to its members....more
ISMIE Mutual Insurance Company Newsroom • July 20, 2023
AM Best, a global credit rating agency focused on the insurance industry, reaffirmed ISMIE Mutual Insurance Company's Financial Strength Rating (FSR) of A- (Excellent) and its Long-Term Issuer Credit Rating (ICR) of 'a-' (Excellent). This marks the 21st consecutive year ISMIE has received this important distinction, highlighting its consistent financial stability and operating performance....more
ISMIE Mutual Insurance Company Newsroom • January 10, 2023
ISMIE Mutual Insurance Company announced the appointment of Michael R. Glick as its new Chief Executive Officer. Glick, who previously served as ISMIE’s Chief Operating Officer, succeeded retiring CEO Paul L. Sletten....more
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