Things We’ve Noticed – News on Market Going-ons

What we have Noticed

Review on What We’ve Noticed in the Market Today.

As the end of summer is nigh and the 7/1 rush has now become the 9/1 rush, we want to take this time to update you on a few things we’ve noticed with certain classes.

At HPSI our Producers stay on top of market intelligence to help place your accounts faster and with the best company that has the price, service and coverage form to fit your client’s needs.

Trust HPSI to Navigate Your Risk.

Non-Physician Owned Clinics – This is a growing class of business, only limited by a particular state’s law.  Coverage is available for Allieds and as well as Physicians who supervise via chart review or as medical director in these situations. We have multiple Carriers willing to cover this risk!

Premium can start as low as $1,500 (for limited personnel)

Examples we see: Medspas, Anti-Aging, Weight loss, Urgent Care, Rehab, Physical Therapy, Walk-in, etc.

Available in most states.  Contact us to get a great quote!

Locum Tenens  –  Another class to look out for! Locums Staffing companies for Allieds and Physicians are on the rise. Providers are drawn to the flexibility this type of work offers and the need for staffing services has been steadily increasing within the medical sphere.

Hard to Place Classes
But we can help!

Midwives – Carrier options have certainly dwindled for this class of Allied Providers over the last 5  years. Premiums are much higher with fewer competitive options to choose from, and stand-alone coverage without supervision is harder to place.

Correctional Medicine – We’ve noticed this market hardening up substantially!  Fewer Carriers are writing it, and the few remaining are charging higher premiums and equally high deductibles.

Look out for more pieces on “Thing’s We’ve Noticed” to come, featuring recent success stories and other industry transitions and trends happening in this space, + more on what we are expanding to write.

Writing New Business – Access to Great American!

Great American Access

The New Business Hustle – Aiming to write more with Great American!

We are all hustling to write more new business. More new business this year is fodder for our renewals next year and hopefully the year after. Do you have year-end goals you need to meet? Well, we are in the same boat my friend, trying to stay afloat until high tide comes rolling back again.

At HPSI we are driven to evolve and offer new Products and Markets to fit the current needs of our clients, and maybe offer some that are not anticipated, but nevertheless needed just the same.

Here is where I bring you up to speed with our latest market, Great American. With Great American, we can write not just your E&S Property policies, but also your:

  • Social Service Agencies
  • Churches
  • Educational Institutions
  • Physical Fitness Centers
  • And more!

Great American writes the business policies of more than 200 classes of human and social service organizations in addition to the Property and Inland Marine coverage we normally go after. They have great coverage, and have been  “A” rated by A.M. Best for over 100 years and counting. You can trust your clients will be getting a great financially reliable Insurance Carrier with dedicated claims specialists to assist in their time of need.

P.S. And don’t forget! Writing more new business is always great for a healthier bottom line for everyone. What do you see what you need Markets for? Talk to us and let us know!

Trust HPSI to Navigate Your Risk.

And remember to send us those submissions! We write more than just med-mal nowadays and have dedicated staff with the know-how to place the coverage. Contact one of your favorite HPSI Producers today by e-mail or call us at 678-935-5040. What can we help you write today?