PRA · Proassurance Corp
Customer concentration
— top 10 customers 48% of revenue
10 customers — 48% of revenue (2025)
“In 2025, our top ten largest brokers generated approximately 48% of our Medical Technology Liability gross written premium, with no one broker representing more than 13%.”
10 customers — 30% of revenue (2025)
“In 2025, our ten largest agents or brokers produced approximately 30% of our MPL premium; individually, no one agency or broker produced more than 9% of our MPL premium.”
Market Cap
$1.29B
Shares
51.61M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Edward Rand | Chief Executive Officer and President | $3,725,832 |
| Jeffrey P. Lisenby | Executive Vice President, Corporate Secretary and General Counsel | $1,195,515 |
| Kevin Shook | President, Workers’ Compensation Insurance | $1,185,049 |
| Dana Hendricks | Chief Financial Officer, Treasurer and Executive Vice President | $1,167,482 |
| Robert Francis | President, Healthcare Professional Liability | $1,156,876 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Edward Rand | Chief Executive Officer and President | $4,367,132 |
| Michael Boguski | President, Specialty P&C | $1,963,575 |
| Jeffrey P. Lisenby | Executive Vice President, Corporate Secretary and General Counsel | $1,463,259 |
| Dana Hendricks | Chief Financial Officer, Treasurer and Executive Vice President | $1,400,483 |
| Kevin Shook | President, Workers’ Compensation Insurance | $1,398,859 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Edward Rand | Chief Executive Officer and President | $3,149,575 |
| Michael Boguski | President, Specialty P&C | $1,824,090 |
| Jeffrey P. Lisenby | Executive Vice President, Corporate Secretary and General Counsel | $1,331,937 |
| Kevin Shook | President, Workers’ Compensation Insurance | $1,268,915 |
| Dana Hendricks | Chief Financial Officer, Treasurer and Executive Vice President | $1,225,407 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Edward Rand | Chief Executive Officer and President | $2,490,725 |
| Michael Boguski | President, Specialty P&C | $1,600,493 |
| Kevin Shook | President, Workers’ Compensation Insurance | $1,216,608 |
| Jeffrey P. Lisenby | Executive Vice President, Corporate Secretary and General Counsel | $1,079,135 |
| Dana Hendricks | Chief Financial Officer, Treasurer and Executive Vice President | $855,863 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Scott C. Syphax | Director | Appointed | 2025-05-21 |
| Maye Head Frei | Director | Appointed | 2025-05-21 |
| Samuel A. DiPiazza, Jr. | Director | Appointed | 2025-05-21 |
| Samuel A. DiPiazza, Jr., C.P.A. | Director | Appointed | 2024-05-22 |
| Staci M. Pierce, J.D. | Director | Appointed | 2024-05-22 |
| Richard J. Bielen, C.P.A. | Director | Appointed | 2024-05-22 |
| Bruce D. Angiolillo, J.D. | Director | Appointed | 2024-05-22 |
| Dr. Ross E. Taubman | PICA Group President | Retired | 2023-08-16 |
| Mike Boguski | President of Specialty Property and Casualty | Retired | 2023-03-02 |