Genesis Capital Advises Capson on a Capital Raise

Genesis Capital Advises Capson on a Capital Raise

Capson Physicians Insurance Company completed an offering of preferred stock to leading healthcare investors, including lead backers Blue Cross Blue Shield Venture Partners LP, Beazley Investments Ltd. and Sandbox Industries.

Capson streamlines the process of applying for and acquiring medical malpractice insurance for health care providers by trading the typical 15-page insurance application for one that can be done in as little as 10 minutes. Capson’s technology also solicits patient feedback via electronic surveys that immediately follow an office visit.

About Capson Physicians Insurance Company (CPIC)
CPIC is a property and casualty insurance company domiciled in Texas and is authorized to write medical professional liability insurance in 28 states as of December 31, 2013.  The Company is the first online medical malpractice insurance company in the United States.  Capson utilizes a highly sophisticated, innovative and proprietary technology which ultimately reduces premium costs, delivers a policy that is most likely broader in coverage, and provides a vastly improved experience for physicians looking to protect their practice.

Company Type: Private Companies

Transasction Type: Private Capital

Industry: Healthcare