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hospital professional liability Insurance
It's all about controlling expenses
With hospitals facing a volatile climate in the medical professional liability insurance market, Synernet, on behalf of a group of its hospital owners, facilitated the establishment Pine Tree Insurance. Domiciled in Vermont, Pine Tree is a captive insurance company operated as a Reciprocal Risk Retention Group. This alternative insurance structure is currently helping four hospitals control their premium costs.
As a captive owner of Pine Tree, you can save in three ways: first, through direct access to re-insurers to negotiate program details and prices; second, by controlling loss expenses through enhanced risk management and active participation in claims administration; and finally by saving on everyday administration expenses. This is especially true relative to the infrastructure-intensive model of most carriers.
If the idea of self-determination for your medical professional and general liability insurance coverage interests you, contact Synernet CEO Gerry Vicenzi at gvicenzi@synernet.net, or call (207) 771-3456.
