Founded in 1989, Professional Risk Associates, Inc. stands out as a leader in innovating market options for medical professional liability. As an independent agency, we represent top-rated insurance companies to bring tailored coverage options to physicians. We focus first on educating physicians and helping them define their liability exposures, then work with our insurance carrier partners to develop programs to meet these unique needs.Since medical malpractice is no longer the only, or sometimes the most prominent, liability exposure a practice can face, Professional Risk has expanded our expertise to help cover many of the exposures for the modern medical practice.
Services
Professional Risk is proud to be 100% employee-owned. As your agent, we will work diligently to find you tailored liability insurance solutions to fit your medical practice's unique needs. Contact us today and experience the difference between working directly with an owner! Clone Connie-everyone is always very helpful, but Connie always takes the extra step.
Focusing on medical professional liability-otherwise known as medical malpractice-for over 30 years has given our agents the experience and knowledge needed to navigate the complexities of our healthcare clients' insurance needs. Unlike a captive insurance agent who represents just one company and its affiliated products, Professional Risk is an independent insurance agency.
Your medical professional liability insurance policy comes with more than financial coverage in the unfortunate event of a claim. Please contact us if you have any questions or want to learn about your policy and the additional features or endorsements it offers or may have available. To enhance patient safety and reduce risk and costs in your practice, standard carriers offer various Risk Management services to their clients. These carriers may provide live seminars, online webinars, tool kits, and/or practice site assessments.
Between 2018 and 2020 ransomware attacks increased 486% and the healthcare industry continues to be one of the most coveted targets for these attacks due to the wealth of protected health information available in patient records. On average, a data breach costs a medical practice $499 per stolen or compromised patient record.
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