As a result of an increased number of lawsuits involving medical malpractice due to poor risk management practices, many professional liability carriers are now offering multiple opportunities for physicians to learn best practices while also earning credits toward their premium. The training focuses on quality assurance through identifying risk, minimizing risk, and reducing the impact when losses occur.1 By implementing strategies for improving existing methods, both the physician and the carrier benefit by reducing the…
Agent Archives - Diederich Healthcare
An experienced malpractice agent has access to multiple carriers – giving you multiple options and can save you a lot of money. A good, experienced malpractice insurance agent will provide you with all of your available options at renewal every year along with his/her recommendations. An experienced malpractice agent works on your behalf with the insurance carriers—to insure that your best interests are being served. An experienced malpractice agent strives to have the best possible…
Choosing the best fit for your Medical Malpractice Insurance coverage is one of the most important decisions that a Physician will make for his/her medical practice. There are many options available and they can vary greatly in policy coverage, form, and premium from Carrier to Carrier and State to State. Items that should be addressed and examined on an annual basis include: Differences in insurance company structure and the regulations under which carriers operate “Admitted”…
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