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Click here to receive an instant indication! ReSource Intermediaries, Inc. is excited to offer an exclusive product specifically suited for Captives and Risk Retention Groups writing Medical Professional Liability for physicians and surgeons.
Most reinsurance products for Medical Professional Liability writers are not specifically tailored for small insurers or captives. Most reinsurers develop reinsurance terms that are best suited for large insurance companies. Otherwise, the product involves limited coverage that does not provide real risk transfer until the insurance entity is significantly impaired.
ReSource Intermediaries has worked with a highly rated, major reinsurer to develop a specific product for physician captives and RRG’s. This product offers three types of coverage, competitive pricing, minimal data requirements and, best of all……quick turnaround.
One single contract covers: • Risk Excess of Loss with a per-loss retention as low as $100,000 • Clash – Multiple physicians in the same medical incident • Stop Loss – real captive protection to deal with adversity from both frequency and severity
The information requirements are simple. We only need the following: • Tell us why the captive or risk retention group was formed, who formed it, where it is domiciled and the affinity of the insureds • A current actuarial report • A list of insureds by specialty and state and the policy limits • Tell us how claims are managed With these few items of information, we can provide you with a 100% authorized quote that you can bind within 14 days. For an indication within 48 hours, please contact us using the information below or click here for an instant reinsurance quotation:
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