# MCIC Vermont, LLC > Specialty medical professional liability carrier serving academic medical centers as a reciprocal risk retention group ## At a glance | Field | Value | | --- | --- | | Type | Carrier | | Region | NA | | Headquarters | Burlington, Vermont | | Stage | Established | | Employees | 51-200 | ## Overview MCIC Vermont is a specialty medical professional liability insurance carrier organized as a reciprocal risk retention group (RRG), serving academic medical centers and their affiliated entities across the United States. Founded in 1978 as The Medical Centre Insurance Company, Ltd. -- a Bermuda-based captive -- the organization merged into MCIC Vermont, LLC in 1997 to operate under the federal Risk Retention Act. The carrier provides primary medical professional and general liability coverage exclusively to academic health systems, insuring approximately 21,700 physicians, 50,000 employees, and 8,700 hospital beds across 103 facilities in seven states. Operations are built around the unique risk profiles of academic medicine, including clinical research activities, resident physician supervision, and the operational complexity of large academic health systems. MCIC combines insurance coverage with embedded risk management services -- proprietary analytics, patient safety programs, and peer learning networks -- as integral components of its subscriber relationships rather than optional add-ons. The organization manages over USD 575 million in annual written premiums and operates as a member-owned cooperative structure, with subscriber institutions functioning as policyholders and owners. This alignment of financial interest drives the emphasis on loss prevention and risk reduction as core organizational priorities rather than cost centers. ## Products & services ### Medical Professional Liability Insurance Coverage for physicians, residents, and advanced practice providers affiliated with member academic medical centers. Policies are customized for academic health system risk structures including resident training, clinical research, and multi-entity affiliated organizations. ### General Liability Insurance Facility-level general liability coverage for hospitals, clinics, and affiliated entities within subscriber academic health systems. ### Risk Management Services Embedded risk management programs provided as a core service to all subscribers, including: **Key features:** - Patient safety and harm\-prevention initiatives - Loss prevention strategies to reduce malpractice claim frequency - Claims management support and guidance - Cost stability programs for subscriber institutions ### Risk Intelligence and Analytics Proprietary internal analytics combining MCIC claims data with industry benchmarks to monitor leading and lagging performance indicators, identify disproportionate risks across the subscriber network, and inform targeted mitigation strategies. ### Network Hospital Program Structured program that evaluates affiliated hospital performance data to identify high-risk practice areas and develops institution-specific risk mitigation plans in collaboration with hospital leadership. ### Shared Learning Initiative Cross-institutional learning program that brings together external clinical experts and internal specialists to exchange best practices in patient safety and claims management across the subscriber network. ### Physician Risk Program Targeted intervention program for physicians with elevated claims histories, involving leadership alignment, individualized mitigation planning, and ongoing performance monitoring. ## Notable customers - Columbia University Irving Medical Center - Johns Hopkins Hospital - Johns Hopkins University - New York\-Presbyterian Hospital - University of Rochester Medical Center \(UR Medicine\) - Weill Cornell Medical College - Yale New Haven Hospital - Yale School of Medicine ## Links - Website: - Directory profile: - Contact: - Linkedin: - What we do: - Who we are: - Subscribers: --- *Last updated: 2026\-05\-17*