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MagMutual Introduces MyAdvice Platform to Enhance Healthcare Risk Management with Data-Driven Insights

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MagMutual Insurance Company, a leading provider of medical professional liability insurance, has launched MyAdvice, a new risk consultancy and advice delivery platform designed to help healthcare providers reduce malpractice exposure and improve patient outcomes. The platform leverages extensive data, technology, and educational resources to support PolicyOwners throughout their insurance journey.

MyAdvice utilizes one of the industry’s largest and most advanced searchable databases, which encompasses claims, billing, and procedure data. A specialized team of actuaries, data scientists, and clinicians collaborate to identify risk patterns, develop evidence-based recommendations, and deliver them directly to providers through personalized digital tools. MagMutual’s research indicates that PolicyOwners who complete one MyAdvice course experience a 3% lower loss frequency on average, while those who complete four or more courses see their loss frequency decrease by as much as 20%.

Mark Poling, CEO of MyAdvice, stated, “MyAdvice is a new model for risk management. We’re proving that risk reduction is not just possible, it’s measurable. With MyAdvice, PolicyOwners can lower their exposure, protect their patients, and strengthen their practices.” The introduction of this platform comes amidst an environment of rising malpractice claim severity and increasing pressures on providers.

Dr. Bill Kanich, Executive Chairman of MagMutual, commented on the launch, “Insurers must do more than protect—they must lead. MyAdvice helps healthcare providers stay ahead of risk with clarity, confidence, and the right tools.” MagMutual has been a provider of medical professional liability insurance for over four decades, serving more than 40,000 healthcare providers and organizations nationwide as the largest mutual medical professional liability carrier in the U.

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