As the nation’s first provider of healthcare malpractice insurance, Medical Protective, a Warren Buffett/Berkshire Hathaway company, has been protecting the assets and reputations of the healthcare community since 1899. They are also the nation’s highest-rated medical malpractice carrier, according to both S&P and A.M. Best.
A.M. Best Rating: A++ Excellent
Total Assets: Approximately $2.2 Billion
Position in Florida Market: Insures approximately 1,200 physicians in Florida.
History and Description: Formed by physicians in 1899, to specialize in the defense of physicians against allegations of medical malpractice nationwide. MedPro is the oldest professional liability insurance carrier in the United States with more than 70,000 physicians insured nationwide. They are now owned by Berkshire Hathaway, a Warren Buffett company.
Policy form: Claims-made, Occurrence, Convertible Claims-made
Policy enhancements include:
Pure Consent to Settle – We will never settle any case without the consent of the physician. It’s your money. Your name is on the policy. You should be the one making the decisions.
Free Tail Coverage – We provide free tail coverage for physicians at retirement after just one year of insurance.