Medical Malpractice Insurance in Florence and Columbia, SC
Medical professional liability insurance, sometimes known as medical malpractice insurance, is one type of professional liability insurance that we, as an agency, have focused on providing since the early 1970’s. Medical Malpractice refers to liability that arises from a failure to use due care and the standard of care expected from a person in a particular profession, in this case a doctor, dentist, nurse, hospital or other health-related organization.
Many changes have occurred over the years within the malpractice industry, yet Aiken & Co. has continued to remain stable and consistent by partnering with carriers who have unmatched financial strength and flexibility by offering the industry’s widest array of coverage options , including occurrence, claims-made and convertible claims-made. With a wide array of limits available, the most insured-friendly tail provision for retirement, and, in most states and under most policies, a pure consent to settle provision, which is not offered by most of our competition.
Many insurers write on a claims-made form basis where a policy in effect at the time a claim is reported responds for the loss, regardless of when the error was made. The policy that was more popular in earlier times , but still offered by our agency is occurrence-made which covers a loss that occurred during the policy period, regardless of when the claim is reported.
Most recently, Aiken & Company has partnered with Medical Protective to expand on our medical malpractice offerings. MedPro is a Berkshire Hathaway Company that has offered strength, defense, and solutions since 1899.
We feel that our expertise within the healthcare industry combined with that of Medical Protective will enhance our risk management department by offering physicians, hospitals, and healthcare professionals a specifically designed policy that best protects our clients and their assets.
Medical Protective was founded in 1899 and is owned by Berkshire Hathaway and carries an A++ rating by A.M. Best.
More information is available along with client testomonials within our MedPro specific website:
Contact Aiken & Co. and speak with an experience insurance specialist about customizing a policy for your specific needs.