Conventus Again Distributes Dividend & Owner Capital to Physician-Owners
Woodbridge, NJ (PRWEB) October 15, 2013 -- Conventus Inter-Insurance Exchange, a medical professional liability insurance company owned and governed by New Jersey’s leading physicians, announced its fourth consecutive year of Owner Benefit Plan payments. The 2013 distribution of $1.2 million in dividends and owner capital brings the total since 2009 to $7.7 million.
“We promised our members intelligent, solid financial management of their medical professional liability insurance. We’ve kept our promise and returned owner capital and paid dividends every single year since the inception of the Owner Benefit Plan,” says Lyn Winters, President of Conventus.
The Conventus success formula is one of 1) conservative pricing of insurance, 2) insuring the best New Jersey physicians, and then skillfully managing their risks, 3) aggressively defending their interests through personal claims service, and 4) rewarding loyalty through the Owner Benefit Plan.
About Conventus
Owned and governed by New Jersey physicians, Conventus (http://www.conventusnj.com) offers stable professional medical liability coverage backed by world class claims, underwriting, and risk management services. Conventus members enjoy not-for-profit premium rates, 24/7 access to the professionally-staffed Conventus Hotline, and in-house attorneys skilled at vigorously defending them should they have a need.
Lynne Hagan, Conventus Inter-Insurance Exchange, http://www.conventusnj.com, +1 (201) 388-5406, [email protected]
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