Freedom Specialty Insurance Company Teams with MGIS Underwriting Managers, Inc. (MGIS) to Offer Medical-Professional Liability Insurance Coverage
Freedom Specialty Insurance Company is pleased to announce that it will offer
medical-professional liability insurance. Freedom has selected MGIS Underwriting Managers, Inc. (MGIS) as its program
administrator.
SALT LAKE CITY, UT, October 06, 2010
Freedom Specialty Insurance Company Teams with MGIS Underwriting Managers, Inc. (MGIS) to Offer Medical-Professional Liability Insurance Coverage Salt Lake City, Utah - October 4, 2010 - Freedom Specialty Insurance Company is pleased to announce that it will offer medical-professional liability insurance. Freedom has selected MGIS Underwriting Managers, Inc. (MGIS) as its program administrator.The Freedom policy will offer broad coverage provisions and is intended for select physicians. Physician groups of all sizes will be eligible for coverage. The admitted policy will offer coverage on a claims-made basis with limits up to $1,000,000 per claim, $3,000,000 annual aggregate.
Freedom chose MGIS because of the company's experience and track record in serving the physician market. "They've built their reputation and success on a consistent focus on physicians and understanding their specialized protection requirements," says John Lopes, Vice President Programs, of Freedom Specialty. "Their physician group expertise, broker
commitment, and track record along with our financial strength and claims expertise make this a great partnership. We look forward to building this program with MGIS."
MGIS views Freedom as a great partner who clearly fits with MGIS' objective of administering insurance coverages backed only by the top-rated insurers. "Freedom's strength and stability work hand in hand with what physicians expect and what MGIS is proud to offer to its brokers and physician group customers," notes Joe Sadowy, Vice President of Sales and Marketing at MGIS. "Our experience tells us we'll succeed by providing premier coverage and service with top financial backing ... regardless of the state of the market." Another key element to the new program is a well-established broker network. "We work exclusively through highly qualified brokers who understand physician-specific insurance needs and the unique features of our specialized built-for-physician insurance policies," Sadowy concludes. "Our customers can count on these brokers for straight talk and expert advice based on years of experience."
Freedom and MGIS will be entering a competitive marketplace with the belief that physicians with the best risk deserve and expect broad coverage, expert defense, and competitive pricing. "Our physician-focused underwriting allows us to offer broad coverage to select physicians at a competitive premium," explains Elke Kirsten-Brauer, Executive VP/Chief Underwriting Officer at MGIS. "We intend every facet of our offering to be 'top drawer' and reserved for the best."
About Freedom Specialty
Freedom Specialty Insurance Company represents a wealth of experience in Specialty Liability
insurance, and provides solution expertise, dynamic innovation, and decisive responsiveness to the needs of their clients. Backed by Nationwide's A+XV rating, the company's financial strength and stability allows them to serve as a vanguard in Specialty Liability lines. (Coverage is underwritten by Scottsdale Indemnity Company in some states). To learn more about
Freedom Specialty, visit freedomspecialtyins.com or call John Lopes at 212-329-6925.
About MGIS
MGIS Underwriting Managers, Inc. provides specialty medical-professional liability underwriting and administration services in select states. MGIS is a wholly owned subsidiary of The MGIS Companies, whose various operating companies provide specialized Group Disability Insurance and Medical-Professional Liability Insurance. The MGIS Group Disability policies are backed by Sun Life Financial, one of the largest and highest-rated insurance companies in North America. With a rich tradition of service excellence, MGIS works hand in hand with local brokers and benefit advisors and has served more than 8,000 physician groups, 800,000 group members, and 135,000 physicians since 1969.
For more information, please contact Joe Sadowy, MGIS Vice President of Sales and Marketing, at 1-800-969-6447, extension 184, or e-mail joe.sadowy@mgis.com.
About Medical Group Insurance Services, Inc.
MGIS provides specialized group life and disability solutions for physicians and their staff. We've marketed and administered these unique solutions for 40 years.Dedicated account managers service these coverages, and all claims are expertly adjudicated by an experi-enced physician-group-only claims unit. Our Group LTD policy is designed to eliminate policy provisions thatcan penalize a physician at claim time. Our policies are backed by Sun Life Financial, one of the largest andhighest-rated insurance companies in North America.With a rich tradition of service excellence, MGISworks hand in hand with local brokers and benefit advisors, and has served more than 4,500 physiciangroups and 120,000 physicians since 1969.