Overview of the Program From Alexander J. Wayne & Associates
Alexander J. Wayne & Associates provides tailored Doctors Errors and Omissions Insurance solutions for individual clinicians, group practices, and healthcare organizations with challenging risk profiles. Our access to specialty and surplus markets enables flexible terms and underwriting for accounts that need an alternative to the standard market.
Ideal Accounts and Appetite
This program focuses on healthcare professionals and entities that are difficult to place in standard markets. Target classes include:
- Physicians and specialists with prior claims, licensing actions, or recent practice changes
- Therapists, X-ray and diagnostic technicians, and other allied health professionals
- Independent physician associations (IPAs) and physician groups
- Clinics, diagnostic laboratories, HMOs, and PPOs
- Ambulance services, urgent care centers, and outpatient treatment facilities
- Medical spas, wellness providers, and ancillary health businesses
Examples: you might have a client who operates a small diagnostic lab with a complex claims history, or a physician who recently left a hospital system to start a private practice. Those are the types of accounts we routinely place through nonstandard markets.
Coverage Highlights and Advantages
Our Doctors Errors and Omissions program protects healthcare professionals and organizations against allegations of negligence, malpractice, and professional errors. Key advantages include:
- Access to non-admitted carriers and London market capacity for hard-to-place risks
- Support for both individual and group accounts, including allied health and facility exposures
- Flexible policy structures to address a wide range of services and specialties
- Responsive underwriting with fast turnaround on submissions and quote requests
Underwriting Notes and Minimum Premiums
Underwriting is handled on a case-by-case basis to reflect the insured’s specialty, claims history, limits requested, and other exposure details. The program typically requires a minimum premium starting at $2,500 for specified medical professionals; miscellaneous and ancillary classes are quoted according to their risk characteristics. We work closely with agents to clarify submission requirements and to present accounts in the most favorable light.
Territories and Availability
This program is available in most U.S. states, including CA, FL, TX, NY, IL and many others. We offer both admitted options in certain states and non-admitted placements where appropriate. Please confirm state availability for the specific class of business before submission.
Why Work With Alexander J. Wayne & Associates
With decades of experience placing professional liability for healthcare risks, Alexander J. Wayne & Associates has strong relationships with top-rated carriers and markets, including Lexington, Chartis, James River, Hiscox, Admiral, CNA, Evanston/Essex/Markel, and Lloyd’s of London. Our underwriting team understands the nuances of complex medical exposures and focuses on pragmatic, market-ready presentations that improve placement outcomes.
Call us or connect online to discuss a submission and learn how Alexander J. Wayne & Associates can help you place standard and hard-to-place Doctors Errors and Omissions Insurance for your clients.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program suits doctors, therapists, technicians, and healthcare entities that are hard to place due to prior claims, licensing issues, gaps in coverage, or unusual practice exposures.
Is this coverage available in all states?
Coverage is available in most U.S. states. Some admitted options are available depending on the state and the class of risk; non-admitted placements are used where needed.
What is the minimum premium?
Minimum premiums generally start at $2,500 for specified medical professionals. Miscellaneous and ancillary classes are priced based on their risk characteristics.
Which carriers are used for this program?
We access a mix of specialty and standard carriers, including Lexington, Chartis, James River, Hiscox, Admiral, CNA, Evanston/Essex/Markel, and Lloyd’s of London.
Can you help with clients who have prior claims?
Yes. We specialize in placing medical professionals and organizations with prior claims or complex histories through our nonstandard markets.
Need help placing an account? Connect with a market specialist.