BKS Partners’ Healthcare Risk Map™ of a malpractice insurance group yields $24,000 in savings for a 10-member physician group.
Physician group was frustrated by the lack of transparency and technical acumen of their current local broker.
BKS Partners’ Healthcare Practice engaged with the physician group to conduct a comprehensive analysis of their malpractice insurance program. BKS Partners determined the physician group did not receive applicable credits such as new to practice, part-time, and claims free discounts. The current local agent was also not able to leverage his book of business with current carrier to negotiate more favorable rates.