Hartford’s Insurance Coverage for Deception Fraud

Deception Fraud

Deception Fraud -the 101 on the latest Business Crime

Endorsement Available through Hartford…

Deception Fraud is more common than you think – everyday unsuspecting employees are misled into providing confidential information, W-2 data or sending money to imposters posing as a CEO, legitimate client or vendor, each demanding urgent funds or financial information.  Employees are deceived, either through e-mail, phone, mail, messaging or text, and other such “phishing” mechanisms into divulging information that can have devastating consequences on a business.

It happens to companies of all sizes. Recent data indicates that attacks on businesses have risen 91% over the last few years and with over 100,000 deception fraud attacks each day, coverage is needed now more than ever.

How can your Insured defend their business?

  • Validating requests for information
  • Maintaining a formal wire transfer process
  • Being wary of unsolicited e-mails
  • Limiting access to sensitive information
  • Encouraging use of instincts and proceeding with caution
  • Training employees and stay informed!

Bottom line: If the message conveys a sense of urgency, uses intimidation, and refuses to provide valid contact information, proceed cautiously!

We have a few Carriers who can protect your Insured, however today’s highlight focuses most notably on Hartford.  Deception Fraud coverage is available by endorsement through their Management Liability Policies:  D&O, EPL, Fiduciary Liability, Kidnap and Ransom, and Crime.

Their appetite includes:

| Outpatient healthcare organizations: Offices of MDs, Dentists, Osteopaths, Chiropractors, Podiatrists, etc.  | HospitalsLong Term Care Facilities: Skilled Nursing Care, Intermediate Care, and Nursing & Personal Care Facilities | Non-Medical : Technology Companies, Contractors, & more.

Keep your Client apprised of potential security flaws or lack of coverage to help them mitigate damage and run their practice successfully.

Interested or don’t know where to start? Contact your HPSI Producer today to secure your client’s business! Visit us at www.hpsi-ins.com, or call us today at 678-935-5040. Follow us on LinkedIn for more news & updates!
HPSI will be closed Monday, May 29th in observance of Memorial Day.

Senior Care Sells with the Medical Protective Company

Senior Care Sells with the Medical Protective Company

Senior Care Sells with the Medical Protective Company

We’ve taken it you’ve heard of MedPro. What we bet you haven’t heard is that they are seeing an expanded area of growth in Senior Care.

Senior Care? Good news for them, but what does that mean for you or your client?

Why is it selling? It means that others in the Senior Care Industry have trusted Medical Protective to write their risk, which shows that MedPro has the great coverage needed to grow in this particular niche. This also means that your Senior Care accounts will get the best service possible: dedicated Underwriters with decades of experience who understand how to write the risk, claims managers with the background and knowledge to handle a claim, and not to mention a national team of defense panel firms with specific expertise in the field.

Now to throw some stats at you – within this industry, MedPro boasts a 90% national trial win rate and an estimated 80% of claims closed with no payment. Overall, they are claiming a cool customer satisfaction rating of 99%. With an A.M. Best rating of A++ (Superior), need I say more?

What are their eligible classes?

  • Skilled Care Facilities
  • Senior Living, included Assisted and Independent Living
  • Alzheimer’s and Memory Care
  • Sub-Acute Care Facilities
  • Community Based Services, including Adult Day Services and PACE Organizations
  • For Profit, Not-for-Profit, Governmental


  • Claims-Made and Occurrence
  • Defense Outside, Incident Sensitive
  • Coverage available for Medical Directors, employed NPs & PAs
  • Limits up to $1M/$3M
  • Primary (First Dollar, Deductibles, Self-Insured Retentions)
  • Primary coverage also includes $100K of Cyber Liability and Regulatory Fines coverage
  • Excess available up to $25 Million
  • Additional Limits available for select risks
  • Both PL & GL available
Need a quote? Leave the negotiating to our team of trusted Producers! Call us today at 678-935-5040 or contact your favorite HPSI Producer to get the hookup. Follow us on LinkedIn for more news & updates!

Trust HPSI to Navigate Your Risk.

PRESS RELEASE – HPSI Partners with Toro Risk

HPSI Partners with Toro Risk



For Immediate Release:

Contact: Fred Seilkop (678.935.5040)
313 Swanson Drive
Lawrenceville, GA

HPSI Partners with Toro Risk Consulting Group, LLC to Enhance its Retail-Broker Partnerships

Lawrenceville, GA, May 1, 2017: HPSI and Toro Risk have announced a new partnership that will focus on growing HPSI’s retail agencies’ business through enhanced partnerships.  Broker-partners looking to expand their access and expertise into healthcare liability – from enterprise risk, to private equity and private practice consolidation risks – will now have unparalleled resources and new market exclusivity available to them.

HPSI President Fred Seilkop noted, “By partnering with Toro, our brokers can now obtain access to new healthcare insurance programs and products, as well as guidance on the greatest challenges affecting healthcare delivery today.  Our retail brokers already look to us as a leader in service and expertise.  With the addition of Toro, we will take the concept of wholesale service to a whole new level.”

“There is perhaps no better industry to support healthcare’s transformation from volume to value-based reimbursement than professional liability insurance, as the risks associated with both are almost perfectly aligned.  HPSI broker-partners will now have even more tools available to them through HPSI to thrive in the new healthcare era,” says Brian Kern, Esq., Founder of Toro Risk.

About HPSI:

HPSI is a large medical malpractice wholesale insurance brokerage that has contractual relationships with over 20 U.S. and international insurance markets and places business from retail brokers throughout the U.S. HPSI’s focus is on the special needs/hard to place market as well as the miscellaneous professional class of business. They are one of the largest national wholesale medical malpractice insurance brokers in the United States. The principals of HPSI each have over 20 years of experience as brokers and agents in the medical malpractice marketplace. In business since 1991, HPSI has built up a network of over 200 retail brokers and agents throughout the United States.

About Toro Risk Consulting Group:

Founded by Brian Kern, Esq., a healthcare attorney with more than 15 years of experience starting, growing, and running healthcare professional liability companies and teams, Toro provides unique guidance into healthcare enterprise risk and leverages its vast access to capital and underwriting partners.  www.tororisk.com

HPSI’s Access to Hartford’s Stand-Alone Property & General Liability

Stand-Alone & GL - HPSI's Access to Hartford

Stand-Alone Property & GL Available through Hartford.

Some say Hartford has set the standard. With HPSI’s access to Hartford we can assure you that confidence is not misplaced! After 200 years of experience in helping companies through the unexpected, and with over 30 years in healthcare, their reputation is proof. Whatever the coverage required to protect your client’s business – Worker’s comp, Business Auto, Data Breach coverage, etc., your Clients can be certain they’ll find the coverage for what they need and trust that Hartford will go the distance in protecting their livelihood.

What can Hartford do that some can’t? More than just their regular BOP policy, Hartford also offers the ability to buy stand-alone property coverage, or stand-alone GL, without having to purchase a full BOP policy.


HPSI’s Access to Hartford includes these coverages:

  • Business Owner’s Policies (BOPs)
  • General Liability
  • Employment Practices Liability (EPL)
  • Directors & Officers Liability (D&O)
  • Data Breach and Business Auto
  • Miscellaneous E&O

Who is eligible?  HPSI now writes both Medical & Non-Medical

Medical: Outpatient Healthcare Centers, Medical Spas & Kidney Dialysis Centers
Offices & Clinics of:  Most Physician classes as well as Dentists, Osteopaths, Chiropractors, Optometrists & Podiatrists, etc.
Non-Medical: Retail Stores, Non-Residential Buildings, Liquor Stores, Commercial Printing, Sheet Metal Work, Physical Fitness Facilities, etc.
& other small business (with < $15M in sales revenues)


John Malejko - HPSI's Access to Hartford
Don’t know much about BOPs? Don’t Worry! Our Producer John Malejko knows all about them!
John Malejko at HPSI has been in the industry for over 30 years. An accomplished surplus lines broker and underwriting manager, John has handled some of the most complex accounts that fall out of the standard markets. He has the knowledge to expertly handle any coverage that fits the needs of your valuable clients.  Remember, we’re not just healthcare anymore!
You can contact John by e-mailing him at Jmalejko@hpsi-ins.com or by phone at 678-935-5044.