Tampa, FL (PRWEB) March 29, 2016
The Physicians Protector Plan is excited to announce a partnership with Aspen American Insurance Company (Aspen). The Physicians Protector Plan program underwritten by Aspen will provide professional liability insurance solutions for physicians on an admitted basis in several key states with future growth into additional states across the country.* The program will offer comprehensive insurance solutions and provide risk management benefits and claims services.
The program, part of B&B Protector Plans, Inc. based in Tampa, Florida, benefits from an experienced and knowledgeable team that specializes in niche markets. Urvish Patel, Executive Vice President, has over 13 years of specialized program experience related to marketing, underwriting, operations and finance. The underwriting team, led by Chad Nice, has 80+ years of combined experience in underwriting, rating, credentialing and coding, making us industry experts in professional liability.
“The Physicians Protector Plan is a unique insurance program with a singular mission – to deliver the highest level of professional liability protection to physicians working in today’s healthcare community. Our approach is a collaborative one. We leverage the best of what the industry has to offer from our seasoned in-house team of underwriters and claims personnel as well as from the expertise and financial strength that only an AM Best A XV rated carrier like Aspen can deliver. I couldn’t be more excited to be a part of this team and look forward to robust growth throughout 2016,” states Chad Nice, Program Manager.
Aspen American Insurance Company is rated “A” (Excellent) by A.M. Best for financial strength and stability. Aspen US Insurance, writes property, casualty and specialty insurance in the United States on both a surplus line and admitted basis through Aspen Specialty Insurance Company and Aspen American Insurance Company.
The Physicians Protector Plan offers insureds exceptional coverage benefits including, but not limited to:
- Defense cost is outside the limit of liability
- Consent to settle clause is built into the policy
- Deductibles as low as $0 and up to $25,000
- $25,000 Licensing Board Coverage
- $25,000 first and third party coverage including data breach coverage and medical defense coverage
- $25,000 administrative proceeding endorsement coverage
About The Physicians Protector Plan
The Physicians Protector Plan, program underwritten by Aspen provides professional liability insurance solutions for physicians on an admitted basis in several key states with future growth into additional states across the country.* The program offers comprehensive insurance solutions and provides risk management benefits and claims services.
*The Physicians Protector Plan is currently available in California, Connecticut, Florida, Illinois, Maryland, Michigan, Ohio, Pennsylvania and South Carolina. Coming soon to the program include Georgia, North Carolina and Texas!
The Physicians Protector Plan is a division of B&B Protector Plans Inc., which is a wholly-owned subsidiary of Brown & Brown, Inc. (“Brown & Brown”), a publicly held insurance intermediary whose stock is traded on the New York Stock Exchange, Inc. Brown & Brown is ranked as the seventh largest insurance intermediary in the United States by Business Insurance magazine.