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Professional Liability Insurance for Physicians
Coverage Features
Choosing malpractice insurance can be confusing, time-consuming and costly. The right
coverage is critical, but how can you be sure the coverage you select is right for you?
At Aon Physician Alliance, we constantly monitor the medical malpractice marketplace. We know
which insurance companies have already reached their new business quota for the year and are not
accepting new submissions. We know which insurance companies are on the watch list for financial
difficulties. We know which insurance companies like certain medical specialties and which
specialties they don't like.
Focus on Your Needs
After assessing your practice risk, our experts evaluate the market based on your geographic
region, medical specialty, claims experience, if any, and practice size for coverage options and rates that
correspond to your needs. We then present you with our recommendations and you decide which
insurance coverage and rate best meets your needs.
Although Aon Physician Alliance specializes in preferred and standard risks we also have
multiple alternatives for non-standard or more challenging specialties and/or claims experience. We have excellent relationships with both admitted
insurance companies and surplus lines insurance companies through which we can access the
Excess & Surplus markets.
Putting physicians in a position to make a more informed choice is the cornerstone of Aon
Physician Alliance's value proposition.
How We Can Help
Aon Physician Alliance is a full-service insurance brokerage with vast resources and very strong carrier relationships. As your broker, we are dedicated
to helping you and your fellow physicians find affordable medical malpractice insurance through high rated insurers.
At Aon you will work with experienced professionals. For over 25 years healthcare practitioners have
tapped this expertise for professional liability coverage. In addition to past excellence, Aon
Physician Alliance is committed to working with physicians for years to come. As a division of
Aon Corporation - one of the largest insurance brokers in the world - we are supported by an
extensive corporate network and resources worldwide.
At the same time, our relationship with you is local. We conduct market research in your region
to determine which insurance providers are best suited to cover your practice.
To minimize your risk, each company is thoroughly screened to establish their financial stability
and claims paying ability. Not every insurer meets Aon's high standards. Eliminating marginal
companies saves you time and potential problems.
Once screened, preferred insurers are selected. And from these qualified providers,
companies that write malpractice insurance in your region are matched with your practice needs.
This model is followed day in and day out as the state of medical malpractice changes. As one of
the nation's largest insurance brokerages, we can save you valuable time and effort. Not only
that, you're rewarded with affordable coverage for your practice and the peace of mind ensured
by working with a broker whose long-term commitment to physicians is proven.
Steps to Coverage
There are only a few simple steps to get started. More important, there's no cost and no obligation
to let Aon Physician Alliance help you find appropriate coverage.
- Start by submitting a Request for Quote. Once completed and submitted this
document provides basic information for your practice risk to be assessed. Submit online, fax or, if
you prefer, call to have an account consultant process your request.
- Once received, your practice needs are evaluated. Then market research is initiated to select suitable
carriers, products and rates. A representative may call for more details and every effort is made to
communicate with you in a timely manner.
- When local provider and product options are determined, you're contacted with coverage choices. Whenever
possible, you're offered several plans from which to choose.
Eligible Professionals
- Solo physicians or small group practices (3-10)
- All specialties considered
Depending Upon the Insurance Carrier, Coverage Can Include:
- Occurrence form coverage, where available
- High limits of liability
- Individual and group coverage forms and pricing
- Protection for individuals, legal organizations, staff,
employee, volunteers
- Peer review and utilization review
- Defendant's reimbursement
- Defense of state regulatory investigations
- Substitute physician's coverage (Locum Tenens)
- Defense costs in addition to policy limits
- Premium financing services
Ongoing Service
When you contact Aon Physician Alliance, you receive prompt, courteous and professional
personal service.
- Account Consultant - Your practice is assigned a professional account consultant who
handles all insurance concerns (renewals, coverage changes, questions, claims, etc.) for your
account.
- Service Center - By calling the Service Center at 1-866-815-5776, you may conduct
simple transactions or access your account information electronically. You may also speak with a
professional representative at anytime.
- Online Service - Many of our valuable services are available online. For more
information or access to all Client Services, click here.
- Premium Financing - Aon Physician Alliance offers you premium financing services
through Cananwill Premium Funding. For over 70 years, Cananwill has been an innovator and visionary in
all aspects of premium finance. Talk to your Account Consultant for more information.
Other Insurance Products Offered
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