Led · Equity · Feb 2022

Best Practices Medical Partners LLC is the holding company for Applied Medico-Legal Solutions Risk Retention Group, Inc. (AMS RRG) and affiliated subsidiaries that provide medical professional liability insurance and enterprise risk management solutions. The company emphasizes clinical risk management programs that engage member physicians to reduce errors and claims and improve operating profitability. AMS RRG is domiciled in Arizona as a domestic casualty insurance company since 2003 and maintains executive offices in Florida, New Jersey, Texas, New York and Connecticut. AM Best assigned AMS RRG a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent); Demotech rated it A’ (A Prime), Unsurpassed. BPMP plans to use the investment proceeds to increase the statutory surplus of AMS RRG, accelerate growth of its medical professional liability business, and execute other strategic initiatives. The company positions its risk management program as a core driver of member value and claims reduction.