Medical professional liability insurer Coverys has elected longtime insurance executive Michael L. Boguski to its board of directors, adding a veteran industry leader with extensive experience in underwriting, corporate governance and insurance mergers and acquisitions.

The company announced today that Boguski has joined the board of Medical Professional Mutual Insurance Co., the parent organization of Coverys.

Boguski brings nearly 40 years of insurance industry experience and more than 25 years of service on corporate boards. His background includes strategic and financial planning, capital management, underwriting operations and transaction oversight.

“We are thrilled to welcome Michael to our Board of Directors,” Coverys president and chief executive officer Joseph Murphy said. “Michael brings a wealth of insurance industry leadership experience and a distinguished track record in strategic planning, mergers and acquisitions, capital management, and public company governance. With more than 25 years of board experience and deep expertise across the commercial casualty market, he will provide valuable insight as Coverys continues to execute its long-term strategy and support the healthcare community.”

Boguski retired in December 2023 as president of the specialty property and casualty division at ProAssurance, where he oversaw strategy, operations and culture for the insurer’s professional and products liability businesses.

Before joining ProAssurance, he spent 17 years in public company leadership roles, including serving as chief executive officer of Eastern Insurance Holdings Inc. and president of Eastern Alliance Insurance Group. During his career, he managed approximately $800 million in insurance-related transactions, including public offerings, private equity financings and mergers and acquisitions.

His board experience includes service on the boards of Eastern Insurance Holdings, Eastern Alliance Insurance Group, several ProAssurance operating subsidiaries, Podiatric Insurance Company of America, Medmarc and Lloyd’s Syndicate 1729. He also served as chairman of Eastern/Inova Re Ltd., a captive insurance operation.

“I am honored to join the Coverys Board of Directors,” Boguski said. “Coverys has earned a strong reputation for protecting healthcare providers and helping organizations navigate risk in an increasingly complex environment. I am excited to work with the board and executive leadership team to assist in building on the current operating momentum and contribute to the future success of the organization.”