Excess Profits to Policyholders

On behalf of Preferra’s Board and staff, we want to thank you for entrusting your professional liability insurance needs with Preferra Insurance Company Risk Retention Group. We value your participation and trust, and we are thrilled to share some exciting news with you today!

We are delighted to announce the issuance of our first policyholder dividend. This means, if you maintained a liability policy throughout the entirety of 2023 and are a current policyholder, you will be receiving a 6.2% return of your annual premium for the 2023 year. In the coming weeks, we will provide you with more details on how this will happen.

As you know, Preferra is a mutual insurance company where our major focus is to benefit you. It is Preferra’s fiduciary and regulatory mandate to act in the best interests of our policyholders.

This dividend initiative reflects our commitment to maximizing the value you receive from your liability insurance company and is guided by what we consider our mission and ethical responsibility to earn and maintain your trust.

You will receive additional information outlining the process for receiving your dividends. Rest assured; our team is diligently working to ensure a seamless experience for you and all Preferra policyholders.

Once again, we extend our heartfelt appreciation for entrusting Preferra RRG with your professional liability insurance needs.

Should you have any questions about the dividend, please do not hesitate to contact us at 240-877-4664 or [email protected]. For all other policy inquiries, changes and renewal, please contact 888-278-0038 or [email protected]. We are here to support you every step of the way.

Thank you for choosing Preferra as your liability insurance provider. Together, we look forward to a bright and prosperous future.

Warm Regards

Dr. Richard Jones, Ph.D.
President
Preferra Insurance Company RRG