Mutual Insurance Co. of Arizona (MICA) Appoints Edward G. Marley as New President and Chief Executive Officer
August 16, 2022
byMutual Insurance Company of Arizona (MICA) announced that Ed Marley will be the 
organization’s new president and chief executive officer, effective Sept. 1, 2022. As this new role, Marley will succeed James Carland, MD, who has led MICA as president and CEO since 1997 and as chairman of the MICA Board of Trustees since 2003. Carland will continue as executive chairman of MICA’s Board of Trustees.
Marley steps into this role after leading MICA’s financial operations for 11 years as its chief financial officer. Under his leadership, MICA strengthened its financial position as demonstrated by its rating of A (Excellent) from AM Best Company. MICA’s balance sheet has grown to nearly $1.2 billion and $800 million in statutory surplus during his tenure. Since its inception, MICA has issued $700 million in policyholder dividends.
“During an extensive nationwide search, we sought someone who had the business acumen, industry expertise, and long-term vision to further MICA as an industry leader,” Carland said.“We are confident that with his leadership, Ed is the right person to continue MICA’s commitment to its member-insureds and its physician focused mission.”
Marley brings an extensive history of professional liability experience to his new role. Prior to joining MICA, he served as vice president at The Doctors Company and at SCPIE Holdings Inc. Earlier in his career, he served as the chief financial officer for a professional liability carrier insuring CPAs.
Marley is active within the Medical Professional Liability Association, having been past chair and current member of its Technology, Human Resources & Finance Committee and a member of the Committee on Rating Agency Relations. He earned an MBA from the University of San Francisco and received an undergraduate degree from the University of Maryland, College Park.
“As President and CEO, I plan to continue the strong and enduring mission of MICA,” Marley said. “MICA is an exemplary advocate for its physicians and advanced health care professionals and a regional industry leader.”
Credit Rating of “a” to MMIC Risk Retention Group, Inc. The outlook assigned to these Credit Ratings is stable. MMIC RRG is a sponsored risk retention group of Constellation, Inc., the parent company of MMIC Insurance, Inc., which is the lead member of Constellation Insurance Group (Constellation).
Credit Ratings of “aa+” (Superior) of the members of MedPro Group. These Credit Ratings apply to The Medical Protective Co. and its affiliates: Princeton Insurance Co., PLICO Inc., Wellfleet Insurance Co, and Wellfleet New York Insurance Co; as well as MedPro’s two reinsured affiliates, MedPro RRG Risk Retention Group and AttPro RRG Reciprocal Risk Retention Group. The outlook of these Credit Ratings is stable.
top-performing property and casualty insurance companies for 2022. Curi Insurance is the only company that specializes in physician professional liability to make the Ward's 50 list for the third year in a row.
of directors. The election became official at the Integris Group Incorporated Annual Meeting on June 11.
Sept. 6, 2022. Burns comes to the Association from Conning where he spent five years as a director on the insurance research team with a specific focus on the MPL industry. Prior to joining Conning, Burns was the head of reinsurance loss reserving at Everest Re. He also has served as the chief actuary at two medical professional liability companies and is a frequent speaker at industry conferences. He also served as guest editor of the Medical Liability Monitor's Annual Rate Survey from 2019-2022.
Plan awards during the past 15 years to its members. Tribute was the first national plan to recognize retiring doctors for their loyalty and commitment to superior patient care, according to the medical professional liability insurer, and the largest such benefit in the industry.
