The healthcare industry climate is tumultuous. Malpractice claims severity is on the rise: we've seen 13 jury verdicts over $10M so far in 2017. Financial rating agencies have downgraded the outlook of certain carriers, and a few carriers have experienced solvency issues. For Missouri providers, these national trends are hitting close to home. It's a critical time to ensure you have the strongest healthcare liability protection.
At MedPro Group, we've weathered every industry disruption since 1899. This gives us unmatched expertise to protect your good name and defend your reputation should a claim arise. We're committed to delivering the highest quality service when our customers need it most. More than 200,000 insureds — including your Missouri colleagues — put their trust in MedPro Group. We'd like to earn yours, as well.
"I would suggest that everyone spend a little bit of time and do a
little bit of research, know what they're buying and go with
the right company, instead of the cheap company."
DR. KADE HUNTSMAN, MEDPRO INSURED SINCE 1991
Changes in the Healthcare Liability Insurance Market
| CURRENT A.M. BEST RATING | 2010 NATIONAL PREMIUM | 2016 NATIONAL PREMIUM | 2010-2016 NATIONAL GROWTH RATE | 2010-2016 NATIONAL # OF HCL CLAIMS DEFENDED | |
| MEDPRO GROUP | A++ | $894 | $1,049 | 17% | 43,057 |
| TDC | A | $885 | $673 | -24% | 35,606 |
| PROASSURANCE | A+ | $574 | $453 | -21% | 27,585 |
| NORCAL | A | $382 | $330 | -14% | 34,636 |
| MMIC | A | $193 | $155 | -19% | 9,381 |
| MO HOSPITAL PLAN | A | $39 | $37 | -5% | 1,518 |
| MPM-PPIA | NOT RATED | $44.7 | $10.8 | -76% | 1,318 |
| MO DOCTORS | NOT RATED | $4.6 | $3.6 | -22% | 110 |
| KEYSTONE MUT | NOT RATED | $1.0 | $2.1 | 118% | 34 |
A.M. Best as of 7/14/2017 | Source: SNL Financial, YE2016 | Numbers in millions
Serving Missouri Healthcare Providers since 1911.
PEACE OF MIND
- A Berkshire Hathaway company
- Pure consent provision gives Missouri customers control to refuse to settle a claim
- Non-assessable policies
- Unsurpassed financial strength ratings of A++ (A.M. Best) and AA+ (Standard & Poor's)
- Free permanent retirement tail with no age requirement after one year of coverage
- Billions in MedPro assets to handle claims
EXPERTISE
- 90% national win rate should you go to trial
- 400,000+ claims handled over MedPro Group's history; 7,500+ expert witnesses on your side
- Advisory Boards made up of experienced healthcare professionals who can review claims and offer insights
- Claims Managers average 25 years of experience
- Risk Consultants offer expertise in-person, online and via phone
CHOICE
- Unmatched policy options — Occurrence, Claims-made & Convert to Occurrence™ products
- Nationwide coverage solutions
- Cyber liability, Billing E&O and increased cyber limits available
Your Missouri colleagues are among the
200,000 customers who put their trust in MedPro Group.
We'd like to earn yours, as well.
Contact our Missouri Team at 800-463-3776 x 3956
or an appointed agent near you.
A.M. Best rating as of 07/14/2017. Standard and Poor's rating as of 2/19/2016. All information is derived from financial statements, regulatory filings, competitor websites and MedPro Group internal data and is current as of 3/31/17. The comparison is an educational tool designed to help you learn about the insurance coverage and the various details you may want to consider when selecting your healthcare liability provider. We value data integrity. If you believe that any information is incorrect, please contact us. In order to qualify for a free tail, you must have a retroactive date at least 48 months prior to the date of retirement and be insured by the respective MedPro Group carrier for 12 months. MedPro Group is the marketing name used to refer to the insurance operations of The Medical Protective Company, Princeton Insurance Company, PLICO, Inc. and MedPro RRG Risk Retention Group. All insurance products are administered by MedPro Group and underwritten by these and other Berkshire Hathaway affiliates, including National Fire & Marine Insurance Company. Missouri policies are underwritten by The Medical Protective Company or National Fire & Marine Insurance Company. Product availability is based upon business and regulatory approval and may differ among companies. Visit medpro.com/affiliates for more information. © 2018 MedPro Group Inc. All Rights Reserved.