Medical Malpractice Insurance in New York
The New York medical malpractice liability marketplace is shifting into a “harder” market due to a rise in claim severity and a spike in large verdicts.
These changes lead to decreased profitability and higher premiums. In addition to a strained industry, the COVID-19 pandemic has changed how care is administered, leaving even more uncertainty in the minds of insurance carriers and physicians.
With over 30 years of experience in the healthcare liability industry, Professional Risk has the expertise and resources to procure medical professional liability insurance for New York physicians in this evolving market.
As an appointed agent for The Doctors Company and MLMIC, we can procure top-notch malpractice insurance for New York physicians. As a state-approved carrier, The Doctors Company and MLMIC can help physicians maintain Section 18 eligibility by providing the state's required risk management courses.
Professional Risk can assist your practice with more than medical professional liability insurance, we offer a variety of coverage options tailored to the modern medical practice. Contact us today to learn more!
We Can Help NY Physicians With...
Navigating Section 18
We provide guidance on how to apply for the additional coverage offered through the state of New York. See our piece on Section 18 and its renewal through 2022 for additional details.
Cyber Liability
Our cyber liability insurers provide medical practices with the best cyber liability coverage even as cyberattacks increase. Learn how to prevent cyber claims and contact us for a no-obligation quote.
Mergers & Acquisitions
Staying a private practice is difficult as insurance premiums increase for practices with less buying power. If you are considering a merger, we can help you identify the risks and find coverage.
HR Inquiries
Given the changing laws and evolving employment landscape, you must stay informed on how to maintain a compliant work environment. Our service, Mineral, can help you navigate the changing industry.