COPIC Trust was founded in 1981 to provide a stable medical liability environment and to create a company with the interests of the health care community in mind. Prior to its founding, certain national insurance carriers decided to discontinue offering coverage in Colorado while others announced substantial price increases for their policies.
The physicians who formed COPIC set out with a vision to establish a company that was not solely committed to financial profits, but rather, was committed to working directly with its insured health care professionals, practices and facilities to provide trusted and affordable coverage. Today, the company still holds true to its initial ideals of acting ethically, honestly, wisely and for the benefit of its customers.
The majority of COPIC board members are physicians, representing a diversity of medical specialties, practice sizes and settings, and geographical areas. Additional board members are respected leaders from the business community with a strong background in health care.
Over the years, COPIC has earned the exclusive endorsement of the Colorado Medical Society and Nebraska Medical Association for medical professional liability insurance, and COPIC is exclusively endorsed by the Colorado Hospital Association as the medical liability carrier of choice for hospitals and facilities in Colorado. In 2014, we insured more than 7,000 physicians and over 120 hospitals and health care facilities in Colorado, Nebraska, and Iowa.