Medical malpractice insurance is a critical part of any physician's private practice and has received a great deal of public attention in recent years. Medical Malpractice Insurance protects against professional liability arising from the practice of medicine and serves to defend physicians and protect their practices from escalating financial risk.
In the United States, medical malpractice insurance premiums have increased significantly in recent years spurring a national debate over causes of the "crisis" situation and effective methods to improve it. Different states have different tort systems, statutes, and litigation climates impacting the extent of the premium increases in individual states. Private practice physicians in numerous states are faced with enormous malpractice premiums which have been increasing yearly. States where such premium escalations are taking place are losing physicians to other states with lower premiums and less litigation.
Within the complexity of the current system, it is important to select highly competent professionals to represent your practice in the placement of medical malpractice insurance. DoctorsFSG has teamed with Flagship Physicians Insurance Agency to provide guidance and advocacy in the placement of medical malpractice insurance for its clients.
Flagship Physicians is entirely run by physicians. This unique structure allows Flagship Physicians to thoroughly represent physician practices and advocate for them with underwriters and claims managers. As physicians, they are able to understand the challenges of medical practice, the complexity of various diagnoses and procedures, as well as articulate such details to insurers and lawyers. Physician clients are better served by such an agency that identifies with their situations.
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