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Nexus Insurance Services Offers New York Doctors Access to a Variety of Medical Malpractice Insurance Carriers

05-12-2010 11:24 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Nexus Insurance Services

Finally, New York doctors have additional choices when it comes to medical malpractice insurance. Nexus Insurance Services has announced that it is able to offer physicians in New York more options when it comes to purchasing malpractice insurance.

Medical malpractice is defined as negligence, whether intentional or not, that leads to sickness, injury, or death to a patient. If a lawsuit is filed against a doctor for medical malpractice, it can become very expensive and time consuming to defend. Because of that, there is a need for doctors to reduce their own potential financial liability by investing in medical malpractice insurance.

In the past, the state of New York regulated the medical malpractice insurance market in a manner which greatly restricted out of state insurance brokers who specialize in this type of professional liability insurance. This has brought about limited choices for doctors seeking medical professional liability insurance in New York on either an Occurrence or Claims Made basis.

Through Nexus Insurance Services, physicians in New York are now able to choose between several different programs with A.M. Best A level rated reinsurers, thus greatly enabling their chances to buy more affordable malpractice insurance. These programs are offering coverage limits of up to $2.3MM/$6.9MM and are willing to work directly with the various hospital systems throughout the state of New York for credentialing acceptance.

“We are proud to be a broker that has access to these excellent New York insurance providers,” said Mike Kataf of Nexus Insurance Services. “We have many options for New York doctors that most insurance brokers don’t have, so in addition to providing excellent client service, we hope to differentiate ourselves in this way.”

About Nexus Insurance Services
Nexus Insurance Services is a professional insurance broker that has helped many doctors across the United States gain access to medical malpractice insurance. The company currently has access to over 22 different insurance carriers. Because of the relationships with many carriers, agents of Nexus Insurance Services are able to shop a client's application around to get the best malpractice insurance rates. Contact Nexus Insurance for a free malpractice insurance quote. Visit:

Michael Kataf
Nexus Insurance Services
15 Edelweiss
Rancho Santa Margarita, CA 92688
Phone: 800-459-3353
Fax: 888-600-6280

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