Founded in 2006 in the scenic Texas Hill Country area of Austin, Medicus is one of the fastest growing medical malpractice insurance companies in the country. Medicus was purchased by NORCAL Mutual Insurance Company in October 2011 and joined the NORCAL Group of companies. NORCAL Mutual Insurance Company was formed by physicians in 1975 to provide the highest quality medical professional liability insurance products and services to its policyholder-owners.
A.M. Best Rating: A Excellent
Total Assets: Approximately $1.5 Billion
Position in Florida Market: New to the Florida market as of August 2011, currently writing policies in 37 states..
History and Description: Formed in 2006, Medicus was recently acquired by NORCAL Mutual Insurance, insuring over 28,000 physicians nationwide.
Policy Form: Standard features, claims-made
Policy enhancements include:
Claims defense and risk management – We are serious about protecting you, your reputation and your livelihood. We vigorously defend our insureds.
Risk management – Medicus also offers industry-leading CME and risk management resources to help you stay informed of best practices and relevant information to better protect your practice. We produce a monthly closed case-based publication Claims Rx, as well as offer on-site and online courses eligible for Category 1 CME credits at no additional cost to you.
Twelve equal payments – Doctors told us they wanted to be able to pay premium equally over twelve months. We listened and now offer twelve automated, equal payments. This helps streamline your practice, stabilize cash flow and adds peace of mind as timely payment is delivered.
Information network security and administrative defense coverage – Medicus leads the industry by offering up to $100,000 of protection for your electronic health records at no additional cost. It’s called Advantage Gold.™ This protection covers both online and offline information. Electronic records, as necessary as they are, are full of potential liability. You can relax knowing you’re covered. Advantage Gold™ also covers certain HIPAA, billing error (RAC), EMTALA, Stark proceedings and so much more.