Preferred Concepts LLC
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Preferred Concepts LLC
Contact Us
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Medical Malpractice & Healthcare
Mercator Risk Services provides Medical Professional Liability insurance, or Medical Malpractice, for a range of medical organizations. They focus on hard to place physicians and surgeons, miscellaneous medical service providers, and managed care accounts.
The Medical Professional Liability segment has been undergoing significant change due to increased claim severity, deteriorating loss experience, and the exit of many medical carriers. This has resulted in significant rate increases and tighter terms, and has pushed many medical services accounts into the specialty lines marketplace.
Although Mercator Risk Services handles all types of medical accounts, hard to place physicians and surgeons offers some of the best opportunities in today’s marketplace. Characteristics of hard-to-place physicians include one or more of the following:
  • Unfavorable loss experience
  • Difficult areas of practice (ex: OB, Bariatrics)
  • Drug or alcohol dependency issues
  • Foreign experience
  • Unusual operations (ex: online medical services, medical consulting)
Mercator Risk Services also writes a wide range of medical practitioners and specialty service providers. They see practitioners such as chiropractors, alternative health care providers, and nurse registry firms, and they also write specialty service organizations such as medical billing firms and blood banks. The changing medical and technology areas also create continual opportunities for medical consulting organizations and Internet/online medical information service providers. Some traditional service providers include:
  • Outpatient facilities
  • Medical imaging
  • Home health care providers
  • Surgi & emergency centers
  • Alternative medicine
  • Medical staffing & nurse registry firms
  • Medical billing firms
  • Blood & donor banks
  • Medical labs
  • Research facilities
  • Ambulance services ground & air
  • Rehab facilities & occupational medicine
  • Consulting & credentialing organizations
  • Internet medical information services
Physician Groups & Hospitals Specialty markets are available for physician groups and hospitals in most states, particularly the larger physician groups, chiropractors & podiatrists, and health systems. Entity coverage is available for physician groups as well. Note that individual physicians and smaller physician groups may be difficult to write in some states depending on the competitive situation in the state.
Managed care is another medical area with significant opportunity. Mercator Risk Services provides both E&O and D&O coverage for managed care accounts such as HMOs, PPOs, and PHOs. Managed care service firms are also attractive, including firms involved in credentialing, utilization review, and stop loss placement.
Healthcare D&O is a specialty D&O segment, and Mercator Risk Services writes all types of medical organizations. Directors & Officers (D&O) coverage for both privately held and non-profit health care accounts is available from a number of markets. In addition, coverage can be provided for unusual or difficult risks, and can be customized to the size and type of the organization. Types of accounts include hospitals, managed care organizations and medical groups.
What do they need? A thorough submission is necessary to get the job done. In addition to the application, the submission should include a clear description of the activities and five years of loss history.
For more information, please call (860) 527-9717 or send an e-mail to [email protected]. You can get additional information on their products, insurance applications, and Specialty Lines insurance information on their Web site

U.S. States Available

  • U.S. States Available:
  • Provider Type:
    Wholesale Broker
  • Admitted:
  • Carriers:
  • Carrier Ratings:
    A.M. Best A rated
  • Commission:
  • Min Premium:


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  • Applications
    Please complete the appropriate application and fax to Robert Sargent at 860-527-2438.


Mercator Risk Services utilizes a short brokerage agreement, which is typically completed at the time of binding your first account.
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Preferred Concepts LLC has other insurance programs like Accountants.