Client Profile

Industry: Health Care Entity Type: Corporation Geographic Footprint: Regional Annual Revenue: $50,000,000 Number of Employees: 300

Problem

The client, a large physicians’ practice, had experienced significant growth through acquisitions the past five years, including expansion into additional states. They outgrew the level of service and geographic territory their current malpractice insurance provider could properly cover. The client needed a sophisticated insurance program with higher limits, more flexible coverage structures, and portability of coverage into contiguous states. Additionally, they required an insurance carrier with expertise of the legal climate in the states in which they practiced.

Solution

After a series of meetings with the physicians’ board, we demonstrated our health care expertise, by providing them with a comprehensive coverage audit. The review outlined recommended coverage improvements and various carrier alternatives in the market. We also obtained carrier approval of their medical malpractice attorney, allowing them to retain their preferred defense counsel.