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Positive Physicians Holdings Inc (PK:PPHI)

Business Focus: Property & Casualty Insurance

Sector:  Financials Industry:  Property & Casualty Insurance
 
See Regulatory Filings on SEC
Company Contact
Address: 100 Berwyn Park Ste 220
BERWYN PA 19312-2701
Tel: N/A
Website: https://positivephysicians.com
IR: See website
Key People
N/A    
Business Overview
Positive Physicians Holdings, Inc. is an advanced medical professional liability protection and risk management company. The Company serve a network of healthcare providers across Pennsylvania, New Jersey, Ohio, Delaware, Maryland, South Carolina, Michigan, Florida, Georgia, and Texas. It provides comprehensive coverage solutions for healthcare professionals, such as claims-made coverage, occurrence coverage, and slot or full-time equivalency (FTE) policies. Its partnership with the medical interactive community (MI), equips medical professionals to navigate risks, enhance patient safety, and secure their practice against threats inherent to their profession. Through its membership, it offers resources and access to a library of comprehensive training materials and webinars. It complies with medical education requirements through accredited courses.
Financial Overview
For the six months ended 30 June 2020, Positive Physicians Holdings Inc revenues decreased 18% to $10.8M. Net loss increased 63% to $765K. Revenues reflect decrease in net premium earned. Higher net loss reflects Interest expense increase of 4% to $2K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -$0.13 to -$0.21.