LOS ANGELES, May 5, 2020 – The Cooperative of American Physicians, Inc. (CAP) is pleased to announce the promotion of Muzzammeel (Muz) Bhattha to Chief Financial Officer. Mr. Bhattha joined CAP in 2018 as Vice President of Finance.
“During his tenure with CAP, Muz has proven himself to be a dynamic leader with a deep understanding of fiscal best practices,” said Sarah Scher, Chief Executive Officer of CAP. “He is a tremendous asset to the organization.”
As CFO, Mr. Bhattha directs all of CAP’s financial functions, including planning and reporting; accounting practices and trust fund operations; and managing relationships with external auditors, actuaries, rating firms, and regulators. He succeeds John Donaldson, who retired in early April.
Before joining CAP, Mr. Bhattha was a senior manager with Ernst & Young LLP. He specialized in the audits of property and casualty insurance companies for seven years in the United States and five years with KPMG LLP in the United Arab Emirates and Pakistan. He also helped clients navigate through various acquisitions and debt offerings. Mr. Bhattha is also a past board member of the Insurance Accounting & Systems Association, Southern California Chapter.
About the Cooperative of American Physicians, Inc.
The Cooperative of American Physicians, Inc. (CAP), established in 1975, offers medical professional liability protection to some 12,000 of California's finest physicians through the Mutual Protection Trust. In 2013, CAP organized CAPAssurance, a Risk Purchasing Group, to bring liability insurance coverage to hospitals, healthcare facilities, and large medical groups. Based in Los Angeles, CAP also has offices in San Diego, Orange County, and Walnut Creek. For additional information, visit www.CAPphysicians.com. CAP is licensed as a California surplus lines broker (License No. 0B72723). The insurance products provided under the CAPAssurance, a Risk Purchasing Group, program are issued by a “non-admitted” or “surplus line” insurer that is not licensed by the State of California.