Why Use MedPro's Solution?

Peace of Mind

With billions in assets and the industry's highest financial rating (A++ A.M. Best), MedPro's affiliate has the same financial strength and stability you've come to expect from MedPro. You'll be protected now and for decades to come. After all, the program is administered by MedPro, and we've been around since 1899. And, given our Berkshire Hathaway ownership, we plan to be the industry leader for the next 100 years.

So, what does that mean to you? Peace of mind. Dozens of insurance companies have come and gone over the years, and when that happens, it's people like you who may be left with reduced coverage, or with no coverage at all. Choose the MedPro solution and you won't ever have to worry about your insurer's ability to weather financial change and instability.

Expertise

You need healthcare malpractice insurance to protect your assets and reputation. Not all companies are equally equipped for such an important role. When claims are handled by MedPro, 80% are closed without payment, meaning no trial is necessary. And, when we do go to trial, we win 90% of the time .

Our winning record is no coincidence. Start with our experience--MedPro has handled over 400,000 claims. Think about that number and what it represents. Experience, sure, but also an unprecedented data pool that provides priceless insight into the claims we handle today. No other company comes close to our experience and knowledge. That's a real advantage.

But not only do we protect you during the claims process, we also provide expertise to you during the course of your practice. We have over 100 doctors who serve on our 15+ specialty advisory boards. Those doctors keep MedPro abreast of all cutting-edge healthcare trends and other risk management-related issues. Considering we have been providing industry-leading risk management and patient safety advice to healthcare providers since 1913, that's an impressive addition to an already robust risk management and patient safety support team.

Choice: Coverage Options

As healthcare evolves, MedPro's program is on the cutting edge of solving new, complex risk challenges like yours. We don't standardize your coverage needs; rather, we've developed a custom malpractice program to meet your specific needs. Options we may offer, depending upon your risk profile, include:

• Three consent provision options:
  1. Full consent to the named insured
  2. Limited consent, which includes a traditional hammer clause
  3. Consent rests with MedPro
• Defense coverage for administrative and/or regulatory proceedings (subject to a sub-limit)
• Defense coverage for licensure actions (subject to a sub limit)
• Occurrence and claims-made policy types available
• Free tail for death, disability or retirement available
• Various claims-made trigger mechanisms (incident and written demand)
• Full prior acts coverage included on claims-made coverage
• Traditional limit structures available as required by law, including limits required in states with patient compensation funds
• Defense costs inside or outside indemnity limits
• Deductible options or first dollar coverage
• Group rating options available when two or more practitioners purchase together

Additionally, our pricing does not usually include a 25% minimum earned premium. Many companies penalize every insured who cancels a policy before the end of the policy period. MedPro believes we should earn your business. So, if you opt to leave us early in your policy term, there is usually no 25% minimum earned premium.