Alexander J. Wayne & Associates, Inc. offers access to specialized Medical Malpractice Errors and Omissions Insurance markets designed for both standard and hard-to-place medical professionals. As a wholesale broker with access to top-rated carriers including Lexington, Chartis, James River, Hiscox, Admiral, CNA, Evanston/Essex/Markel, and Lloyd’s of London (both domestic and open market), we help agents and brokers secure coverage for a wide range of healthcare-related risks.
Overview of the Program
This program provides solutions for medical professionals who may have difficulty finding coverage in the standard market due to claims history, licensing issues, or other underwriting concerns. We work with non-admitted carriers in many cases, but admitted options are available in select states. Our expertise and broad market access allow us to help you place your clients, even when traditional options fall short.
Ideal Accounts and Appetite
We are particularly effective at helping agents place:
- Physicians with prior claims or gaps in coverage
- Therapists, radiologists, and X-ray technicians
- Clinics, laboratories, and outpatient centers
- Ambulance services and urgent care centers
- Spas offering medical treatments and procedures
- Independent Physician Associations (IPAs), HMOs, and PPOs
Whether your client is a solo practitioner or part of a larger healthcare organization, we can assist in tailoring the right coverage to meet their needs.
Coverage Highlights and Advantages
Our Medical Malpractice E&O Insurance program offers flexible underwriting and access to specialty markets that understand the nuances of medical liability. Coverage is available for a wide range of medical professionals and entities, providing protection against claims of negligence, errors, or omissions in the delivery of healthcare services. This can be especially important for clients who have experienced claim issues or non-renewals.
Underwriting Notes and Minimum Premiums
Minimum premiums start at $2,500 for specified medical professions. For miscellaneous healthcare classes, the minimum premium varies depending on the risk class and underwriting factors. We can often provide options for risks that fall outside standard carrier guidelines, including those with elevated exposure or complex operations.
Territories and Availability
Our program is available in all 50 states plus Washington, D.C., including key markets such as CA, FL, NY, TX, and IL. Admitted options are available in some states, while non-admitted markets are accessible nationwide.
Why Work With Alexander J. Wayne & Associates
With decades of experience in the medical professional liability space, Alexander J. Wayne & Associates, Inc. is a trusted partner for independent agents and brokers. Our underwriting expertise and carrier relationships allow us to offer creative solutions for even the most challenging accounts. Whether your client is a physician with a claims history or a startup clinic with unique services, we are here to help you place the business efficiently and competitively.
Contact us today and learn how we can support your agency with Medical Malpractice Errors and Omissions Insurance placements.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for physicians, therapists, technicians, clinics, and other healthcare providers who are difficult to place due to claims, gaps in coverage, or specialty services.
Can you help place risks that have been declined by standard markets?
Yes. We specialize in placing hard-to-place and nonstandard medical malpractice risks through our access to non-admitted markets and specialty carriers.
Are there options for healthcare facilities as well as individuals?
Absolutely. We can provide coverage for clinics, laboratories, ambulance services, HMOs, PPOs, and more, in addition to individual practitioners.
What is the minimum premium for this program?
Minimum premiums typically start at $2,500 for specified medical professions, but may vary for miscellaneous healthcare classes based on underwriting factors.
In which states is this program available?
The program is available in all 50 states and Washington, D.C., with admitted markets in some states and non-admitted markets nationwide.
Need help placing an account? Connect with a market specialist.