Why an A++ Rating Matters to You.
While an A++ financial strength rating from A.M. Best is impressive, the reasons behind MedPro Group’s high marks are what should matter most to you.
MedPro’s Stability is Your Stability
MedPro has been defending claims since 1899, and their financial strength assures they’ll be around to defend claims well into the future. It’s one thing for an insurance company to boast that it can endure difficult market cycles, but it’s another when an independent, third-party rating agency says the same by awarding the highest financial strength rating in the entire healthcare malpractice industry. If sued, you would want the assurance that the claim will be handled by a company with the strongest financial strength ratings and the most experience in the industry. That’s MedPro.
Best Defense for You
Properly adjudicating every claim is expensive. MedPro has the financial strength to provide you the best defense possible. The best financial strength rating means MedPro can hire the best defense attorneys and experts. And they do…with the simple goal of providing you the best defense possible, every time. For instance, even in a case in which the plaintiff appealed six times, requiring over 20 years to resolve the case in favor of an insured, MedPro was there to provide the best defense possible.
An A++ rating from A.M. Best means MedPro can easily weather the ups and downs of pricing cycles in the healthcare liability industry. MedPro does not always have the lowest in price, but they’ve offered some of the most competitive prices in the industry for decades.
As a carrier focused on healthcare liability coverage, MedPro’s financial strength and rating allow them to provide the nation’s most comprehensive coverage and best defense without worrying whether a non-healthcare liability-related catastrophe will occur (such as a weather emergency or other natural disaster).
An A++ rating from A.M. Best means that MedPro has the resources to keep up with the constantly evolving healthcare liability market and to keep their products and services current with policyholder needs. MedPro invests in various innovative pursuits to assure the availability of the most comprehensive, robust coverage in the industry. MedPro’s financial strength gives us a marked advantage over the competition in these regards.
Cutting-Edge Patient Safety and Risk Management Resources
MedPro’s industry-leading financial strength allows them to hire the industry’s best risk management and patient safety experts to assure your practice receives superior guidance.
How Did MedPro Group Earn the Healthcare Liability Insurance Industry’s Highest Financial Strength Ratings?
MedPro believes its financial strength is a result of their strong national business profile and efficient management of operating expenses. In addition, MedPro has maintained a solid underwriting performance, driven by their disciplined underwriting standards and proactive claims handling philosophy.
Finally, as a member of the Berkshire Hathaway family of companies, their excellent capital strength also supports MedPro Group’s industry-leading, A++ ratings from A.M. Best.
Wish you had a healthcare liability carrier with an A++ financial strength rating from A.M. Best? The solution is simple: contact a DT Insurance agent today who can help you make the switch to the nation’s strongest healthcare liability carrier.
First, if your current coverage is Claims-made, MedPro may be able to offer you coverage for claims arising from incidents all the way back to your retroactive date. By making the switch to MedPro, subsequent claims will be defended based upon MedPro’s coverage and defense expertise and philosophy.
Second, if your coverage is Claims-made and you’d like to switch to Occurrence, MedPro has a unique product available to most insureds that converts your Claims-made coverage to Occurrence coverage – without the expensive, up-front cost of an extended reporting endorsement (“tail coverage”). With this option, you could obtain the additional benefits of confidence, flexibility, and value that come with purchasing an Occurrence product.
Enjoy the benefits of coverage from MedPro, the strongest healthcare liability carrier in the industry.