Secure Summit Underwriting (SSU) is a specialized Managing General Agency (MGA) focusing on professional liability insurance for medical practitioners.
The healthcare landscape is ever-evolving, with an increasing demand for diverse and inclusive medical services. Filipino and Asian physicians play a crucial role in bridging cultural and language gaps, ensuring that patients from various backgrounds receive the care they need. Recognizing the unique challenges and contributions of these physicians, it is essential to offer comprehensive malpractice insurance tailored to their needs.
Malpractice insurance provides a safety net for physicians, fostering trust and confidence among patients. For Filipino and Asian physicians, who often serve multicultural communities, this trust is vital. Comprehensive malpractice coverage ensures that they can practice with peace of mind, knowing they are protected against potential legal claims.
Malpractice insurance provides a safety net for physicians, fostering trust and confidence among patients. For Filipino and Asian physicians, who often serve multicultural communities, this trust is vital. Comprehensive malpractice coverage ensures that they can practice with peace of mind, knowing they are protected against potential legal claims.
Access to robust malpractice insurance encourages professional growth and development. Filipino and Asian physicians, like their counterparts, strive for excellence in their practice. With the assurance of malpractice coverage, they can focus on honing their skills, pursuing continuing education, and expanding their expertise without the fear of potential litigation.
Diversity in healthcare is essential for addressing the needs of an increasingly multicultural society. By providing malpractice insurance to Filipino and Asian physicians, we contribute to a more inclusive and representative healthcare workforce. This diversity enriches the medical field and ensures that patients from all backgrounds receive equitable and high-quality care.
Malpractice insurance provides a safety net for physicians, fostering trust and confidence among patients. For Filipino and Asian physicians, who often serve multicultural communities, this trust is vital. Comprehensive malpractice coverage ensures that they can practice with peace of mind, knowing they are protected against potential legal claims.
We have partnered with a specialized broker who has an in-depth understanding of the Filipino and Asian physician market. This broker is adept at navigating the specific needs and preferences of these physicians and has established effective marketing strategies to reach them. This unique approach allows us to tap into this market with precision and empathy, ensuring that we provide the most relevant and supportive insurance solutions
Design risk-transfer solutions for underserved markets, deliver exceptional service, and maintain high underwriting standards.
To be a leading insurance provider for medical professionals.
Secure Summit Underwriting delivers specialized insurance solutions with a focus on trust, innovation, and excellence, guided by our core values of integrity, professionalism, and efficiency.
We strive to be the leading provider of professional liability insurance, continuously expanding our programs to enhance our offerings.
The professional liability insurance market for medical practitioners,
including Filipino and Asian physicians, is evolving, driven by several key
factors:
The Allied Healthcare Program will be Secure Summit Underwriting’s growth leader. The market has grown significantly with policy premiums up across the marketplace, including higher debits, higher SIRs, and increased premiums, and more coverage limitations.
Due to the pandemic. 2020 to 2024 saw hardening market conditions
across the Allied classes. We intend to take full advantage of market
conditions, adding rate, raising retention, and debiting more liberally. We will be able to truly ‘cherry pick’ the most favorable new business accounts, and we will decline accounts with problematic licensing histories or even minor claims history. Recent changes to market competitors include, many carriers pulling out of the market, or continuing to pull out of challenging venues. Most carriers are focused only on very large accounts in favorable venues. Our competitors expect to be Admitted carriers Our ongoing goal is to emphasize a dedication to those classes we feel we have the best ability to write.
Focus on highly credentialed practitioners and practices with established risk management systems.
Leverage data analytics to identify high-potential insureds and
broker partners.
Develop endorsements for emerging risks, such as telemedicine and cyber liability.
Implement proactive claims handling to mitigate loss ratios.
Provide risk management resources and training to insureds to reduce exposure.
Our 2025 initiatives focus on enhanced underwriting, strategic marketing, and risk assessment to strengthen our position in the malpractice insurance market.
We focus on credentialed practitioners with clean records, using actuarial analysis for competitive pricing. Our policies offer flexible coverage limits and customizable deductibles to fit diverse needs,
We partner with brokers and healthcare networks, utilize a modern underwriting platform for efficiency, and employ expert underwriters to ensure seamless policy management.
As a result of a hardening market within the Allied space we will have
increased retentions to $2500 across challenging venues for both new
and renewal business and proceeding up from there.
As a result of a hardening market within the Allied space we will have
increased retentions to $2500 across challenging venues for both new
and renewal business and proceeding up from there.
We will engage brokers through medical conferences, trade shows, in-person visits, and monthly email campaigns to expand our reach.
We will begin with 1 experienced underwriter and a consultant to provide
industry insight and underwriting expertise.
We will reconnect with broker partners through conferences, trade shows, in-person visits, and monthly email campaigns to strengthen our network.
We evaluate risk based on industry classification, loss history, location, personnel experience, and multiple exposure factors, ensuring accurate rating and pricing.
Applicants must provide a completed application, five-year loss history, licenses, key personnel resumes, and inspection history (for residential classes).