Proassurance Corporation Intrinsic Stock Value – ProAssurance & Caresyntax Partner Up to Advance Surgical Intelligence

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PROASSURANCE ($NYSE:PRA): ProAssurance Corporation is a specialized property and casualty insurer, and is the only publicly traded company focused exclusively on the healthcare industry. Recently, the company has partnered with Caresyntax to advance surgical intelligence with the goal of improving patient safety and outcomes. Caresyntax is a leading provider of intraoperative analytics that uses AI-driven analytics to gain insight from the most complex operations. The partnership between ProAssurance and Caresyntax will combine Caresyntax’s technology with ProAssurance’s expansive network of healthcare facilities.

This will allow the company to analyze data collected in the operating room to create a comprehensive picture of surgical performance and patient safety. The collaboration will allow ProAssurance to assist healthcare providers in obtaining real-time insights into operating room performance, and provide them with the data they need to improve operational efficiency, patient safety, and outcomes. The company also believes that the partnership with Caresyntax will reduce the time and cost associated with litigation, allowing them to more effectively serve their healthcare professionals.

Stock Price

On Thursday, PROASSURANCE CORPORATION stock opened at $14.3 and closed at $14.5, up by 1.0% from last closing price. This came after the news of the company partnering up with Caresyntax to advance surgical intelligence. The collaboration is set to combine ProAssurance’s expertise in medical professional liability insurance and deep understanding of the physicians with Caresyntax’s real-time, video-based clinical data and artificial intelligence (AI)-driven analytics. The partnership will help surgeons significantly reduce the risk of medical mistakes and improve patient safety. It will also help enhance their workflow and enable them to reduce cost and time spent in the operating room.

In addition, the collaboration will provide ProAssurance with access to data-driven insights that will enable them to better understand and respond to specific risks arising from healthcare delivery in real-time. Overall, the partnership is likely to prove beneficial to both ProAssurance and Caresyntax and will help improve the quality of healthcare delivery in the country. Live Quote…

About the Company

Income Snapshot

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Cash Flow Snapshot

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Balance Sheet Snapshot

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Key Ratios Snapshot

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Analysis – Proassurance Corporation Intrinsic Stock Value

At GoodWhale, we have recently performed an analysis of PROASSURANCE CORPORATION‘s wellbeing. After careful consideration of various quantitative and qualitative factors, our proprietary Valuation Line has determined that the intrinsic value of PROASSURANCE CORPORATION shares is around $10.7. However, the current market prices for PROASSURANCE CORPORATION stock are at $14.5, which is overvalued by 35.7%. Therefore, investors should exercise caution before investing in PROASSURANCE CORPORATION shares at this moment. More…

Peers

It offers professional liability, surety, products liability, and other lines of insurance services. Its competitors include Kinsale Capital Group Inc, Horace Mann Educators Corp, and Meritz Fire & Marine Insurance Co Ltd, all of which are also engaged in the property and casualty insurance sector.

– Kinsale Capital Group Inc ($NYSE:KNSL)

Kinsale Capital Group Inc is a specialty insurance and reinsurance provider that operates in both the U.S. and Bermuda markets. As of 2022, the company had a market capitalization of 6.48 billion dollars, reflecting its size and value in the industry. Kinsale Capital Group Inc’s Return on Equity (ROE) of 17.1% is also favorable, indicating that the company is managing its resources efficiently and returning a good amount of value to its shareholders. In addition, Kinsale Capital Group Inc is actively engaged in risk management and provides innovative solutions tailored to its clients’ needs.

– Horace Mann Educators Corp ($NYSE:HMN)

Horace Mann Educators Corporation is a publicly traded insurance company that specializes in providing a range of insurance and financial products to teachers and educators. The company has a market capitalization of 1.55 billion as of 2022, indicating that it is one of the larger companies in the insurance sector. In addition, the company has a Return on Equity of 4.11%, which is lower than the industry average of 7.19%, but still indicates that the company is making money. This suggests that the company is successfully managing its assets and investments and is fairly successful in terms of returns on investments.

– Meritz Fire & Marine Insurance Co Ltd ($KOSE:000060)

Meritz Fire & Marine Insurance Co Ltd is a leading provider of property and casualty insurance in South Korea. As of 2022, the company has a market capitalization of 5T and a Return on Equity of 23.55%. Meritz Fire & Marine Insurance provides comprehensive insurance solutions to individuals, businesses, and governmental agencies. The company offers a wide range of products including personal and commercial property insurance, fire insurance, marine insurance, and other liability insurance coverage. Meritz Fire & Marine Insurance’s strong market capitalization and high Return on Equity provides investors with confidence in the company’s ability to generate returns.

Summary

ProAssurance Corporation is a publically traded healthcare liability insurer and a provider of specialty insurance products. The company’s stock has been a reliable performer over the years, delivering consistently strong financial performance and a healthy dividend yield. Analysts predict further growth from ProAssurance with long-term investments in the healthcare liability sector, robust expense management, and continued pricing discipline. The company also maintains a high-level of liquidity through its disciplined capital management.