Acquiring Company
ProAssurance Indemnity
Acquired Company
FD Insurance
BirminghamAlabamaInsuranceHealth CareEmployee BenefitsInsuranceDescription
ProAssurance Indemnity Co. plans to merge with FD Insurance Co., as announced by the Alabama Department of Insurance. A public hearing regarding the merger will be held next week. Both companies have a history of strategic acquisitions and are based in Alabama. The merger continues ProAssurance's expansion efforts in the insurance market.
Quick answer
ProAssurance Indemnity is acquiring FD Insurance, announced October 7, 2025. ProAssurance Indemnity is based in Birmingham, Alabama, United States.
- How much did ProAssurance Indemnity pay for FD Insurance?
- The deal value was not disclosed.
- What does ProAssurance Indemnity do?
- ProAssurance Indemnity Co. is part of the ProAssurance Group, which specializes in medical malpractice and professional liability insurance.
- Where are ProAssurance Indemnity and FD Insurance based?
- ProAssurance Indemnity is based in Birmingham, Alabama, United States. FD Insurance is based in Alabama, United States.
Source: Fundz verified event record.
Other recent acquisitions in Insurance and Employee Benefits
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Renaissance acquires Ansel Health for insurance innovation (November 4, 2025)
- Arthur J. Gallagher acquires Tompkins Insurance (November 6, 2025)
- Ambac Financial Group acquires ArmadaCare (November 3, 2025)
- Arthur J. Gallagher Acquires Strategic Services Group (October 16, 2025)
- IAG acquires RACQ Insurance for $855 million, $855M (September 1, 2025)
- Vision Healthcare acquires Svenskt and New Care (November 20, 2025)
Who to call at ProAssurance Indemnity, and when
When ProAssurance Indemnity changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day ProAssurance Indemnity raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at ProAssurance Indemnity, from your own LinkedIn network
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Fundz sees it the moment ProAssurance Indemnity makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired FD Insurance?
FD Insurance was acquired by ProAssurance Indemnity, based in Birmingham. The deal was reported on October 7, 2025. ProAssurance Indemnity Co. is part of the ProAssurance Group, which specializes in medical malpractice and professional liability insurance. The company is focused on providing workers’ compensation coverage as well. ProAssurance Indemnity is privately held and operates in Insurance.
When did ProAssurance Indemnity acquire FD Insurance?
ProAssurance Indemnity's acquisition of FD Insurance was reported on October 7, 2025. ProAssurance Indemnity Co. plans to merge with FD Insurance Co., as announced by the Alabama Department of Insurance. A public hearing regarding the merger will be held next week. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does FD Insurance do?
FD Insurance Co., previously known as Florida Doctors Insurance, offers malpractice insurance policies for medical professionals and practices. The firm was redomiciled in Alabama in 2024. It has undergone various ownership changes in the past decade. It is privately held, operating in Health Care, and is based in Alabama.
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